Pdf salary certificate sample

After completing probation period, employee gets confirmation which will give pleasure and happiness to the life. The next step thinking to enhance life by adding facilities. It may be a new car or a new house or home appliances like home theater or something else. In normal case, most of the employees depend bank loan to meet their shortfalls of fund. Before going to bank for applying loan, following 6 important things to be checked whether you have met those points speeding up loan process:.

Once you feel that your job is secure and it gives financial stability and security, the next step you may think to enhance life style further high. Probably the chances are either want to buy a new car or want to construct new house or sometimes, want to have some good furniture and home appliances to your house.

Whatever, you need money or financial assistance from a reliable institution like banks. Salaried employees must know the differences between Salary certificate and Salary letter. In most cases, salary certificate or salary letter come into picture when an employee thinks about how to overcome current or forthcoming financial crisis - personal debt, purchasing a car, buying a house are the common occasions.

When you contact a financial institutions like bank , they give you a list of documents required for processing loan application. Some institution wanted salary certificate while others wanted salary letter. What are the main objectives and differences of these two documents - salary certificate and salary letter?

Salary certificate is a document issued by an office head to their employee upon request made by an employee. If approved by management, a certificate will be issued to employee in the subject line of " Salary Certificate ".

This certificate can be submitted for Loan application to any financial institutions depending upon the relationship and interest. Usually its validity may remain for one year or less. Salary certificate is an essential document for working employees to be used for availing financial assistance from Banks.

When employee approaches a bank for car loan or housing loan, bank first inquire about repayment capacity of borrower. The best source bank rely on Salary certificate, issued by head of the department the employee works. What Is Salary Certificate? Break-up of salary certificate shall be in the following headers: Gross Pay and Allowances to be shown on Certificate of Salary : 1.

The following elements are listed in the salary certificate:. Salary Certificate is an important document that shows that an employee is working under a particular organization and it is useful for many purposes like Tax payments, Bank Transactions for apply loans and credit cards.

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Ok Privacy policy. Salary Certificate is the most important document. Salary certificate is a authorized letter from company to employee that shown details employee salary and others information.

You have to pay income tax based on your annual income. Every company has made own format for salary certificate but these section that surely contain in this letter.

Mention the above information about salary certificate. I have made a sample format for you to know the exact format. This form 16 salary certificate in excel format download. This is to certify that Mr. Date of birth : ———- Date of joining : ———- Present designation : ———— This certificate is issued to Mr.

For Signature and Designation Company Place : ———-.