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Advance Policy

Employees who have worked for 6 months are eligible for a salary advance of up to one month's salary, which must be repaid within 2-3 months. To apply, employees fill out a form requiring approval from their manager and the HR department, which will verify there are no outstanding debts before releasing the advance. Special cases may be considered with proper management approval.

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Kiran Kumar
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353 views1 page

Advance Policy

Employees who have worked for 6 months are eligible for a salary advance of up to one month's salary, which must be repaid within 2-3 months. To apply, employees fill out a form requiring approval from their manager and the HR department, which will verify there are no outstanding debts before releasing the advance. Special cases may be considered with proper management approval.

Uploaded by

Kiran Kumar
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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CIRCULAR

Salary advance policy:


Salary advance will be limited to one months Salary.
Salary advance must be cleared with in 2 to 3 months time.
For special cases we can consider if there is proper
management approval.
Eligibility criteria:
Employees who have completed 6months employment
successfully.
Employees who have no previous duescleared other advances.
!rocedure:
Employee should fill the salary advance format.
Form should be approved from the "#$ to be submitted to
the "% department for further process. &'ccounts clearance(
)* approval+
"% department will verify about the previous dues and
according to that they will release the salary advance.
)* Signature: "% Signature:

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