Attachment
Attachment
Jakkam Anvesh
21146/26682186
Dear Jakkam,
Further to our meeting and subsequent discussions, we are pleased to offer you the position of Loan Officers -
Microfinance Business in grade J1.
Your Total Annual Fixed Cost to Company will be Rs. 3,10,000/- as detailed in Annexure 1. Your Basic salary will
be Rs. 9,042/- per month.
This offer is valid for a period of 7 days from the date of issuance. You are requested to acknowledge the offer
failing which the offer shall stands revoked.
Your candidature would stand confirmed for the said position, subject to clearance of your reference check, CIBIL
check & pre-employment medical test.
The detailed appointment letter will follow upon the confirmation of above clearance.
We hope you are as excited as we are in creating an excellent organization and contribute in the growth story. And
we look forward to welcoming you to the Tata Capital Limited family at the earliest.
Mayukh Maiti
Head - Human Resources, Retail Finance, DSMG & Operations
INDICATIVE SALARY OFFER
Name Jakkam Anvesh
Location Khammam - Yellandu
Designation Loan Officers - Microfinance Business
Grade J1
Salary Components Payable Monthly (Rs.) Payable Annual (Rs.)
Basic 9,042 1,08,500
HRA 3,617 43,400
Composite Allowance 10,940 1,31,281
Total Gross Salary 23,598 2,83,181
Employer Provident Fund 1,800 21,600
Gratuity 435 5,219
Total Retirals 2,235 26,819
Total Fixed CTC 25,833 3,10,000
Performance Pay(Indicative) 3,100 37,200
Grand Total CTC 28,933 3,47,200
Note:
* Performance Pay: Indicative payout considered for the offer. As per current policy, payout is a percentage of Total Fixed
CTC and contingent on Company, Business & Individual performance and will be prorated in the year of joining. Please note
that in case an incentive scheme is applicable to you, the same shall be intimated to you on your joining.
Medical Benefit: Covered under the Company's Hospitalisation Scheme for Self & Dependents ( 1 + 3 )
Medical Benefit:
All Municipal and toll taxes and parking charges incurred during course of work (other than commuting to & fro from work)
will be reimbursed at actuals, against produce of receipts if applicable
N.B.: All policies and benefits subject to change as per decision by the Management.