Dear All, Can any one forward me the draft for employee loan policy And guide me how to go about it to make this facility available for my company employees Regards RC
From India, Pune
6From India, Pune
Dear Friend,
The Loan Policy differ from company to company, just follow the guidelines of policy.
1.Name of the Loan ( Kitty Loan, Marriage Loan....,)
2.Entitlement of the employees ( Who can avail the policy)
3.The policy amount's limitation ( each particular policy)
4.The period of repayment
5.Sanctioned by HOD or HR dept or GM...,
I hope above statement will help you.
Ranju
From India
The Loan Policy differ from company to company, just follow the guidelines of policy.
1.Name of the Loan ( Kitty Loan, Marriage Loan....,)
2.Entitlement of the employees ( Who can avail the policy)
3.The policy amount's limitation ( each particular policy)
4.The period of repayment
5.Sanctioned by HOD or HR dept or GM...,
I hope above statement will help you.
Ranju
From India
Hi, Ex:Re-payment of loan can be monthly installment like Rs:500 of Rs:4000. Ex:Re-payment of Advance can be one installment in the particular month. Regards
From India
From India
Good to know the details on Employee loan facility.
Request you to let me know whether we should give a loan facility or not as the market is in a bad shape.
I came to know lot of companies has withdrawn the Loan policy as according to ISO 9000:2008 you (means Employer/ Proprietor) will not be able to recover the loan amount. As per Govt. rules & regulations Bond seems illegal entity.
Request you to please clarify on the same.
regards,
Niranjan
From India, Mumbai
Request you to let me know whether we should give a loan facility or not as the market is in a bad shape.
I came to know lot of companies has withdrawn the Loan policy as according to ISO 9000:2008 you (means Employer/ Proprietor) will not be able to recover the loan amount. As per Govt. rules & regulations Bond seems illegal entity.
Request you to please clarify on the same.
regards,
Niranjan
From India, Mumbai
Dear,
m agreed with niranjan, but if u want to draft a policy of loan.
few points to consider.
1. why do not u change it and name it as advance salary policy.
2.one person can apply for the same but upto double of his monthly gross salary.
3. Repayment should be in a year only with equal monthly installments from the salary.
4. Before apply to the same he/she needs to give specific reason and there will be no dues on them.
5. Hr Manager will approve advance loan with the consent of deptt head of same emp and a/c will issue the cheque.
It will help u & company as recession is in the air. It can minimise the operating risk. u can keep ur promise also.
Regards
Vipin:neutral:
From India, New Delhi
m agreed with niranjan, but if u want to draft a policy of loan.
few points to consider.
1. why do not u change it and name it as advance salary policy.
2.one person can apply for the same but upto double of his monthly gross salary.
3. Repayment should be in a year only with equal monthly installments from the salary.
4. Before apply to the same he/she needs to give specific reason and there will be no dues on them.
5. Hr Manager will approve advance loan with the consent of deptt head of same emp and a/c will issue the cheque.
It will help u & company as recession is in the air. It can minimise the operating risk. u can keep ur promise also.
Regards
Vipin:neutral:
From India, New Delhi
Hello Mr & Mrs
I send you this testimony following a service that has made me a gentleman when I was looking for a loan of money. Thanks Mr Garcess Phelippé I found the smile. It is thanks to him that I got a loan of €17,000 and two of my colleagues have also received loans from this gentleman without difficulty. I advise you to do more wrong person if you actually want to make a loan of money for your project and any other application. I publish this message because Mr Garcess Phelippé me good with this loan. It is through a friend I met this honest and generous man who allowed me to obtain this loan. So I advise you to contact and it will satisfy you for all the services that you ask him. Here is its address e lectronique:garcess123@hotmail.com
If you need a loan please contact the.
Thanks for your attention
I send you this testimony following a service that has made me a gentleman when I was looking for a loan of money. Thanks Mr Garcess Phelippé I found the smile. It is thanks to him that I got a loan of €17,000 and two of my colleagues have also received loans from this gentleman without difficulty. I advise you to do more wrong person if you actually want to make a loan of money for your project and any other application. I publish this message because Mr Garcess Phelippé me good with this loan. It is through a friend I met this honest and generous man who allowed me to obtain this loan. So I advise you to contact and it will satisfy you for all the services that you ask him. Here is its address e lectronique:garcess123@hotmail.com
If you need a loan please contact the.
Thanks for your attention
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Employee reference policy.doc