Loan Application
Loan Application
Designation: Department: Dear Sir, I request you to sanction me the below mentioned Loan amount. I have read through the Policy and am aware about the applicable interest rate. I will repay the Loan alongwith the interest as per the Company's Policy. Amount of Loan Reqd. Signature: Remarks:
Remarks:
Date of Sanction:
General Guidelines: An Employee wanting to avail a loan will have to make an application to the HR Department in 1 writing by filling the "Loan Application form" 2 3 4 5 The HR Department shall take the Management's sanction and inform the employee whether the loan has been sanctioned / not sanctioned The Processing time for Loans shall be five Working Days. Incase the Management is unavailable for sanction; the period will be adjusted accordingly The Management reserves the right to take any decisions on the sanctioning of loans and no questions will be entertained on the same Kindly refer the HR Policy in force for the eligibility criteria and the Limit of Loan and the Interest Applicable