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Offer Letter-Srikanth

Mr. Muddeti Srikanth has been offered the position of Executive in the Cashless-Billing Department at Family Health Plan TPA Ltd, with an annual CTC of Rs. 2,23,401, based in Hyderabad. He is required to submit several documents upon joining on 02-DEC-2024, and the offer is valid for 2 days from the date of issue. The detailed salary structure and deductions are provided in the annexure.

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236 views2 pages

Offer Letter-Srikanth

Mr. Muddeti Srikanth has been offered the position of Executive in the Cashless-Billing Department at Family Health Plan TPA Ltd, with an annual CTC of Rs. 2,23,401, based in Hyderabad. He is required to submit several documents upon joining on 02-DEC-2024, and the offer is valid for 2 days from the date of issue. The detailed salary structure and deductions are provided in the annexure.

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a.santosh2001
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STRICTLY PRIVATE AND CONFIDENTIAL

STRICTLY PRIVATE AND CONFIDENTIAL

Date:-28-November-2024
Mr.Muddeti Srikanth
Hyderabad
Mobile no- 8096141576
EMAIL Id: srikanthmuddetij6@gmail.com
Sub: Offer of Employment
Dear Mr.Srikanth,

In line with our discussions and the subsequent interviews you had with us, we are pleased to offer you the
position in our organization as Executive in our Cashless-Biling Department on the terms and conditions
mutually discussed and agreed upon.This position will be based in Hyderabad.

Your remuneration will be Rs.2,23,401 /-(Rupees Two Lakh Twenty Three Thousand Four Hundred One Only)
per annum CTC (Attached salary annexure with this letter for your reference),and you will be reporting to
HEAD/HOD.

We look forward to your joining the Family Health Plan TPA Ltd on 02-DEC-2024.The following documents
need to be submitted at the time of joining:
a) Four passport size formally dressed recent photograph.
b) Copy of relieving letter & experience certificate from the previous employer.
c) Proof of Educational Qualification & Date of Birth (passport, PAN).
d) Photocopy of PAN Card.
e) Photocopy of Aadhar Card.

The appointment letter indicating all the details will be issued subject to the completion of joining
formalities.You are required to return the duplicate copy of this letter duly signed as a token of your
acceptance of the above terms.

This offer letter is valid for the period of 2 days from the date of issue, upon no revert from the
candidate the offer will automatically lapse.

Yours Sincerely,
Family Health Plan Insurance TPA Limited

Karunakar T
CHIEF EXECUTIVE OFFICER-(CEO)
STRICTLY PRIVATE AND CONFIDENTIAL

Annexure
Offer Salary
Salary components Per month (Rs.) Per annum (Rs.)
Basic Pay 4,520 54,240
Dearness Allowance 7,955 95,460
House Rent Allowance 3,525 42,300
Gross Monthly (i) 16,000 1,92,000
Gross Annual (A) 1,92,000
Company's Contribution to EPF 1,497 17964
Company's Contribution to ESI 520 6,240
Gratuity 600 7,197
Annual Other Benefits (B) 2,617 31,401
Total Fixed Cost To Company (A+B) (Per Annum) 18,617 2,23,401
Deductions:
Less: PF Contribution (Employee) 1,497
Less: ESI Contribution (Employee) 120
Total Deductions (ii) 1,617 -

Net pay per month* 14,383 -


Cost to Company (A+B) 2,23,401

Gratuity will be applicable subject to vesting period of 5 years, as per statutory provisions
Bonus will be applicable and paybale as per the statutory provisions
PF & ESI and PT will be deducted as per the statutory norms.

Family Health Plan Insurance TPA Limited

Karunakar T
CHIEF EXECUTIVE OFFICER-(CEO)

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