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Loan Form

This loan application form contains sections for the applicant to provide their name, department, date of joining, grade/level, loan amount requested, and reasons for needing the loan. There are also sections for the department head, head of HR, and country head to approve or reject the loan application. The final section is for the employee to declare that they will repay the loan in installments within 24 months, agree to the company's loan policy, and acknowledge that appropriate action may be taken if they do not repay the full amount before leaving the company. It also contains a space for the accounts department to record loan details like amount, approval, installments, and signature of the head of finance.

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Nithya Rahul
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0% found this document useful (0 votes)
41 views1 page

Loan Form

This loan application form contains sections for the applicant to provide their name, department, date of joining, grade/level, loan amount requested, and reasons for needing the loan. There are also sections for the department head, head of HR, and country head to approve or reject the loan application. The final section is for the employee to declare that they will repay the loan in installments within 24 months, agree to the company's loan policy, and acknowledge that appropriate action may be taken if they do not repay the full amount before leaving the company. It also contains a space for the accounts department to record loan details like amount, approval, installments, and signature of the head of finance.

Uploaded by

Nithya Rahul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Annexure

LOAN APPLICATION FORM

Name Date

Department Grade/Level

DOJ Confirmed

Loan Amount Applied For

Reasons for Availing Loan

LOAN SANCTION / APPROVAL

Department Head Signature Approved / Rejected

Head of HR Signature Country Head Signature

(To be filled in by the Employee after the Approval for the loan)

I hereby declare that I have availed a loan of Rs. -------------------------payable in --------------------- installments (not more than 24). The same
may be deducted from my salary from ------------- 2007.
I agree to be bound by Loan Policy of the company and be responsible for paying the entire loan amount availed by me before leaving the
services of the company, failing which appropriate action (legal or otherwise) may be initiated against me.

Re 1
Revenue
Stamp

(Signature of the Employee)

TO BE FILLED IN BY THE ACCOUNTS DEPARTMENT

Date Amount

Loan Sanctioned Yes/No Installments due

Head of Finance Signature

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