An advance salary request letter template is a formal letter composed by the employee, addressed to the employer, requesting for some advance loan from the future salary. There are certain terms and conditions under which an employee can apply for the advance salary loan. The most important one being that the employee must be working on a temporary basis and must have worked there for some time. It is usually signed like an agreement and if during the course of the agreement, the employee wants to leave the company, he/she has to make the installments to the company. Since the loan is being paid from the salary, it does not necessarily need to be returned, instead, it is deducted from the employee’s future salaries.
Details of Advance Salary Request Letter
An advance salary request letter template begins with the name of the company, date and the employer or the manager you’re addressing this letter to. The statement asking for the advance loan is written next. It is preferable to that the employee mentions that for how long he/she has been working at the company and also the duties that he/she has been performing at the firm. The statement should be kept as simple as possible, and it is a common practice to mention the reason for which you need the loan. The date should also be mentioned from which the advance salary loan deduction is supposed to begin and the end date for this agreement as well. An advance salary request letter is then signed by the employee requesting for a loan. This perfect and high quality format is an example of our quality work and for your ease, we are providing a download button underneath the template.
Templates for Advance Salary Request Letter
File Size: 12 kb
No. of Pages: 1
