uma shankar gajjala
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Type of Loan & Purpose of Loan EligibilityLoan Amount
(in `)Rate of Interest Max. Tenure Remarks
Housing Loan Upon Confirmation 2,500,000.006%
(Compound Int.)
240 EMI which
includes Principal &
Interest.
For takeover loans, the
repayment will be 240
months or the
balance service
period (in months) left,
whichever is less.
Vehicle Loan Upon Confirmation 200,000.008%
(Simple Int.)
84 instalments
towards Principal &
36 towards Interest.
For takeover loans, the
repayment will be the
residual period of the
original sanction term,
or 120 months,
whichever is less, with
Principal and Interest
instalments in the ratio
of 7:3.
Type of InsuranceInsurance Cover
(in `)
Group Mediclaim Insurance Policy 350,000.00
Group Term Life Insurance Policy 6,000,000.00
Performance Bonus / Annual Incentive Plan
(as may be applicable)
* Gratuity will be paid as per the Payment of Gratuity Act.
527,167.00 43,931.00
Group Mediclaim & Term Insurance
TOTAL PAY (Fixed Cash + Retirals)
Loan Benefits 78,444.00 6,537.00
8,275.00 690.00
7,560.00 630.00
1,667.00
1,310.00
34,502.00414,024.00
P.A. (`)
Amount
18,864.00 1,572.00
117,900.00
9,600.00
15,000.00
78,600.00
20,004.00
15,720.00
The Insurance coverage under all the above policies will be available subject to completion of all formalities in connection with your appointment and fulfillment of
requirements of the Insurance Company. For coverage under the Group Mediclaim Insurance Policy, it is also required that you are a confirmed employee of the
Bank or have completed 6 months of service, whichever is earlier.
Other Benefits
Performance linked bonus pay / Annual Incentive Plan (as may be applicable), will be paid as per the
Companys policy, subject to your being a confirmed employee.
Note:The monetary value of the above Loan benefits approximates to Rs.78444. Loan benefits cannot be encashed if not availed.
Insurance Details
Remarks
Employee plus 3 dependants are covered under the floater policy. Additionally,
employee has an option to add two more dependents at an additional premium of
Rs. 2500/- per dependent.
Only employee is covered (You will be required to contribute an annual premium as
prescribed by Insurance Co. from time to time)
P.M. (`)
13,100.00
9,825.00
800.00
1,250.00
6,550.00
CTC Annexure
Emoluments and Benefits for the grade of Deputy Manager at Vijayawada Circle - Ref. No.438 (for Mr. Uma Shankar Gajjala)
Loan Eligibilities
Superannuation Allowance
SUB TOTAL - I (Fixed Cash)
Retirals:
Allowances:
COMPENSATION
157,200.00Basic
Bank's PF Contribution
Gratuity *
Fixed Allowance
Conveyance
Medical
House Rent Allowance
Leave Travel Concession
10/9/2015