UNDERTAKING PERSONAL LOAN[CD1]
I, ___________ son of Shri
__________ R/o________________ employed as _____________ in __________________
have applied for a personal loan for Rs. ________/- (Rupees ____________
only)
I hereby authorize the company to deduct the monthly installments (EMIs) from
my salary each month
In the event of my termination/resignation from the company before full payment
of the loan amount, I hereby authorize deduction of the full outstanding
balance of my personal loan, if any, from my Full & Final entitlements,
including Gratuity, Leave Encashment and Bonus etc. failing which my Cheque
No.________dated ______drawn on _____________________ may be encashed for the
balance outstanding.
SIGNATURE OF EMPLOYEE
Place :
Dated __________
Witnesses
1.
2.
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