B-34, Shanti Sadan, Gautam Buddha Lane, Marve Road, Malad (W), Mumbai - 400064

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Date: 08 August 2019 

Dear Poonam Adekar

This has reference to our discussions on 08 August 2019 and we are pleased to appoint you in the position of
‘Sales Executive’ in SBI Credit Card, on the following terms and conditions of employment: 

You will join on or before 13 August 2019.

You will be paid a consolidated salary of Rs.20000- per month.

The employer will have the right to terminate your employment immediately without notice or payment in lieu
of notice on your being found guilty of any gross default or misconduct or for non-observance of any rules as
applicable to other employees in the Organization, or terms of employment. The opinion of the Employer on
the above matters will be final and binding on you. 

Your duties and nature of work will be as entrusted to you from time to time by the Employer. You will be
subject to normal duty hours of the Organization, which may be altered at the discretion of the Employer. 

You will be in probation for a period of six months and if found necessary, the probation may be extended at
the sole discretion of the management. You will be officially advised of your confirmation and in the absence
of an official advice, confirming your services, it is to be understood that your probation is automatically
extended. 

You will be entitled to 7 days casual leave and 14 days privilege leave for each completed year of continuous
service once you are confirmed in the service of the company. However, all leave should have proper prior
sanction of the authority. Besides, this you will be entitled to National Holidays as may be notified by the
Employer.  

During your probationary period the management can terminate your service at any time without ascribing any
reason. On confirmation of the service either party can terminate this employment at any time without assigning
any reason thereof by 30 days notice given in writing by either side, or on payment of one month salary in lieu
of notice for the unexpired part of the notice period.  

You can continue to serve the Organization till the age of 58 years provided you are mentally and physically fit
to render your service. 
 

If needed, you may be transferred to any branch or office the organization if opened in due course of time. 

B- 34, Shanti Sadan, Gautam Buddha Lane,


Marve Road, Malad (W), Mumbai - 400064.
You will not during or after termination of employment by employer, in any form or manner, directly or
indirectly, divulge, disclose or communicate to any person, entity, firm, corporation or any other third
party, or utilize for your personal benefit or for the benefit of any competitor of employer, any
confidential information. 

You shall acknowledge and agree that such confidential information is extremely valuable to employer
and shall be deemed to be trade secret. 

You are requested to sign and return the duplicate copy of this letter of appointment, as a token of your
acceptance of the terms and conditions mentioned herein. 

I accept the above appointment letter along with all terms and conditions mentioned herein. 
 
 
 
 

____________________________
Signature and Date 

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