Surisetty Mohan Santosh Kumar 11440/19829199: Mallika Narendra Vyas Senior Vice President - Human Resources

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20-07-2023

Surisetty Mohan Santosh kumar


11440/19829199

Dear Surisetty,

Greetings from Tata Capital Financial Services Limited.

Further to our meeting and subsequent discussions, we are pleased to offer you the position of Loan Officers -
Microfinance Business in grade J1.

Your Total Annual Fixed Cost to Company will be Rs. 2,88,000/- as detailed in Annexure 1. Your Basic salary will
be Rs. 8,400/- per month.

This offer is valid for a period of 7 days from the date of issuance. You are requested to acknowledge the offer
failing which the offer shall stands revoked.

Your candidature would stand confirmed for the said position, subject to clearance of your reference check, CIBIL
check & pre-employment medical test.

The detailed appointment letter will follow upon the confirmation of above clearance.

We hope you are as excited as we are in creating an excellent organization and contribute in the growth story. And
we look forward to welcoming you to the Tata Capital Financial Services Limited family at the earliest.

Mallika Narendra Vyas


Senior Vice President - Human Resources
INDICATIVE SALARY OFFER
Name Surisetty Mohan Santosh kumar
Location Vijayawada - Sailok Complex
Designation Loan Officers - Microfinance Business
Grade J1
Salary Components Payable Monthly (Rs.) Payable Annual (Rs.)
Basic 8,400 1,00,800
HRA 3,360 40,320
Composite Allowance 10,036 1,20,432
Total Gross Salary 21,796 2,61,552
Employer Provident Fund 1,800 21,600
Gratuity 404 4,848
Total Retirals 2,204 26,448
Total Fixed CTC 24,000 2,88,000
Performance Pay(Indicative) 2,880 34,560
Grand Total CTC 26,880 3,22,560

Note:

* Performance Pay: Indicative payout considered for the offer. As per current policy, payout is a percentage of Total Fixed
CTC and contingent on Company, Business & Individual performance and will be prorated in the year of joining. Please note
that in case an incentive scheme is applicable to you, the same shall be intimated to you on your joining.

Medical Benefit: Covered under the Company's Hospitalisation Scheme for Self & Dependents ( 1 + 3 )

Medical Benefit:

− Group Term Life Coverage: 60 times of monthly basic


− Group Hospitalization Coverage: Rs. 5,00,000/- cashless administered through TPA
− Group Personal Accident Insurance: 60 times of monthly basic
Free Annual Health Checkup for self.

All Municipal and toll taxes and parking charges incurred during course of work (other than commuting to & fro from work)
will be reimbursed at actuals, against produce of receipts if applicable

N.B.: All policies and benefits subject to change as per decision by the Management.

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