1. #1
    Unregistered

    What is the procedure to get loan from the office on my salary account?

    Hi I am Neha working in a Bosch company as senior technical assistant. I have been working in this company from past 3 years. I have got some financial crises and need some monetary help urgently. Can I take loan from the office on salary account? If yes, what is the procedure to take that?

  2. #2
    sdeb Array
    Join Date
    Sep 2012
    Posts
    142

    Re: What is the procedure to get loan from the office on my salary account?

    Hi Neha,
    It depends upon the company policy. Some of the companies will provide you personal loan with justification and it will be deduced from your salary in 12/18 months time frame.
    Please check with your HR to understand the company policy on availing personal load. They would be able to sort out this.
    Meantime check with private banks too to get better rate for availing personal loan as you are salaried employee for reputed organisation.

    All the best.

  3. #3
    Ashok Array
    Join Date
    Jul 2012
    Posts
    2,293

    Re: What is the procedure to get loan from the office on my salary account?

    Dear Aspirant,

    Enquire in the account section of your company.Contact the manager Accounts & confirm whether you can get it or not .Of course you may get it from PF account for which you to apply through proper channel.
    If you are in so urgent,you can get personel loan from the bank where you have salary account.In order to get the personal loan from the bank,get loan form from the bank,fill it well ,get it forwarded by your office/boss & submit it in the bank.You will get the amount within two days.

    Thanks.

  4. #4
    prabhu Array
    Join Date
    Jul 2012
    Posts
    453

    Cool Re: What is the procedure to get loan from the office on my salary account?

    Hi,


    Mostly Company provides loan facilities for employees .

    Loans are provided as

    1. Home Loan

    2. Marriage Loan

    3. Health issues / Sickness / Immediate death

    Submit proper proofs to get the loan

    Read the company policies for loan details or ask the help desk to provide loan deatails

    Other than company , Loans can be availed through your salary account

    Contact the customer care for getting details on loan based on the type of bank

    Private banks provides personal loan , home loan but the interest rate is high

    Loan processing is done in 2-3 days

    Submit payslip , Id card , address proof to get the loan

    Loan interest is taken from the salary monthly based on the loan amount



    Thanks !!!


+ Reply to Thread

Similar Threads

  1. Replies: 17
    Last Post: 31-08-2013, 11:45 PM
  2. Salary credited in my account even after leaving the job
    By Unregistered in forum Professional Discussions
    Replies: 20
    Last Post: 15-03-2013, 11:05 AM
  3. Details about salary account and how to open it when donít have any ID card?
    By Unregistered in forum Professional Discussions
    Replies: 21
    Last Post: 05-01-2013, 01:33 AM
  4. Do they deduct the loan amount taken from office from my bonus amount?
    By Unregistered in forum Professional Discussions
    Replies: 9
    Last Post: 24-11-2012, 05:42 PM
  5. Replies: 1
    Last Post: 13-09-2012, 11:28 AM