Date: May 13,2021

Mr. DADASO JADHAV

Emp Code: 57482
BRANCH COLLECTION INCHARGE
NATEPUTE
SUB: PROMOTION
Dear Mr. DADASO JADHAV,
Based on your performance assessment, w e take pleasure to inform you that w ith effect from 1st April 2021 you have been
promoted to the scale of "OP4".
You w ill continue to function in the role of BCH w ith the designation of "BRANCH COLLECTION MANAGER."
Subsequent to this Promotion :
Your remuneration has been revised as below w .e.f. 1st April 2021

S.NO. COMPONENTS AMOUNT(PER MONTH) AMOUNT(PER ANNUM)

1. BASIC SALARY 7750.00 93000.00

2. HOUSE RENT ALLOW ANCE 2800.00 33600.00

3. MEDICAL ALLOW ANCE 1250.00 15000.00

4. EDUCATION ALLOW ANCE 200.00 2400.00

5. MINIMUM GUARANTEED INCENTIVE 2000.00 24000.00

6. OTHER ALLOW ANCE 660.00 7920.00

7. LEAVE TRAVEL ALLOW ANCE 1000.00 12000.00

8. TRANSPORT ALLOW ANCE 1600.00 19200.00

9. ADDITIONAL MGI 1000.00 12000.00

10. POSP ALLOW ANCE 250.00 3000.00

11. TELEPHONE REIMBURSEMENT 1250.00 15000.00

12. PETROL REIMBURSEMENT 4000.00 48000.00

13. VEHICLE REIMBURSEMENT 1500.00 18000.00

14. INSURANCE BENEFITS 250.00 3000.00

15. PROVIDENT FUND 1765.00 21180.00

16. BONUS/EXGRATIA 1400.00 16800.00

CTC 28675.00 344100.00

MGI, ADD MGI, Special MGI and Compensatory Allow ance are paid tow ards minimum expected performance levels, the same shall be
adjusted against earned incentives , if any.
Terms & Conditions of your employment w ill be as per company policy.
Heartiest congratulations on your elevation and w ish you every success in all future endeavours.
Best Wishes,
HR Department
** This is a system generated letter & does not require signature.

Shriram Transport Finance Company Limited

HEAD OFFICE: 101-105 Shiv Chambers 1St Floor B Wing Sector 11 C B D Belapur, Navi Mumbai – 400614. Tel: +91 22 4095 7575 / 27580171 | Fax: +91 22 2758 0176.
Registered Office: 14A,South Phase,Industrial Estate,Guindy,Chennai-600 032. Landline: 044 485 24 666 Fax: 044 485 25 666
Website : www.stfc.in | Corporate Identity Number(CIN)-L65191TN1979PLC007874.