312801

Date: 1st April 2023

Name: ABHISHEK CHATTERJEE

Employee Code: 312801
Department: OPERATIONS
Regional Office: DURGAPUR REGION

Subject: Compensation Restructure Letter FY 2022-23

Dear ABHISHEK CHATTERJEE,

The fiscal year 2022-2023 has been full of remarkable performances and achievements for us. We
acknowledge your commitment and dedication towards the organisation for achieving excellence.

Confidently striding, we pride ourselves in informing you that SATIN is one of the INDIA’s Top 25
Company in BFSI as certified by Great Place To Work. This has been possible with your consistent
approach towards achieving success for the organisation.

Please accept our personal congratulations on this well-deserved recognition and your excellent
contribution and commitment to the organisation. We are confident that you will continue to take
more responsibility in all future endeavours and continue to grow with the progress of SATIN in the
times to come.

Also, we are delighted to inform you that your CTC has been restructured to ₹ 221400 /- Annually
effective from 1st April 2023. You may refer Annexure I for the detailed break up.

Management appreciates the efforts put in by you and expects that you will continue to work with
the same dedication in the coming year.

Thank you for showing your trust and sailing together to reach where we are today. Let’s again
synergize with “My Satin My Pride“ and proudly navigate through all the upcoming business hurdle
and opportunities.

With Best wishes to a Wonderful Team!!!

Satin Creditcare Network Ltd

Subir Roy Chowdhury

Chief Human Resource Officer

 Annexure I

Components Monthly Annually

Basic 10000 120000
HRA 1000 12000
Special Allowance 350 4200
Food Allowance 0 0
SCA 0 0
Bonus 2160 25920
Gross CTC 13510 162120
Conveyance* 3000 36000
PF (ER) 1501 18012
ESI (ER) 439 5268
Total CTC 18450 221400

 Your conveyance amount is subject to reimbursement claim as per the process. Failure to do
so will result in payable of ₹ 2500/- conveyance amount.
 Please note that your compensation is confidential and should not be discussed/disclosed in
public. In case of any queries pertaining to the same, please raise it to either the concerned HR
or Department Head only.
 As SATINITE, we are sure that we will uphold our CORE VALUES in true letter & Spirit.