Can I read Contingent Loan Policy for Employees on EtoBox?

Contingent Loan Policy for Employees by Harish Vijayakumar is a document available to read on EtoBox.

What is Contingent Loan Policy for Employees about?

The document outlines guidelines for a contingent loan program for employees. It provides loans for medical emergencies, housing deposits, home construction/purchase, marriage, or education. Full-time employees in good standing can apply for up to three months of their base or OTE salary up to INR 600,000. Loans are repaid through 12 monthly installments and employees must wait 6 months between loans. The interest rate is based on State Bank of India personal loans and is taxed as a perquisite.

Author

Harish Vijayakumar

Language

EN