Date: Jun 08, 2024

To,
Suraj Verma
H.NO- F/114 AC Nagar Neelam Bata Road N.I.T Faridabad

LETTER FOR O F F E R O F A P P O I N T M E N T

Dear Mr.Suraj Verma,

Further to your interviews with our panel, we are pleased to inform that you have been selected and
offered for the following position:
Internal Designation & Band: Assistant Manager at Band M3
Department: Sales - EEF
External Designation: Sales Manager
Date of Appointment: July 11, 2024
Location of Job: Faridabad

You shall be entitled to the compensation as mentioned under Annexure-I, attached herewith.
Your appointment will be subject to Positive feedback on Reference check & Medical report.
Please accept this offer & upload below mentioned documents in Zing HR App:
 Educational Certificate (10th & Highest Qualification).
 Work Experience Certificate (Previous employer).
 Passport size photographs in white background
 Proof of Address (Current & Permanent)
 PAN Card
 Aadhar Card

Kindly report for joining at the Location of job on or before the above date of joining along with original
& self-attested copies of documents mentioned above.
NOTE:

Electronica Finance Limited

Registered Address: Audumbar,101/1, Eranwane, Dr Ketkar Road, Pune 411004 Maharashtra Pune:-411038, Maharashtra (India)
Telephone No:- +91 2067290700 Toll Free No:- 1800 233 9718 Web: www.electronicafinance.com
Corporate Identification Number of EFL: U74110PN1990PLC057017
  Submission of above documents is mandatory and failure to submit any one or all of these
documents may be termed as disqualification to the proposed appointment.
 If you are not an Indian Citizen, additional documents shall be mandatory in support of your
candidature and eligibility, as per the prevailing law of India in this regard

We welcome you to our organization and look forward to a long, happy and mutually beneficial
association with you in Electronica Finance Ltd.

For Electronica Finance Limited

Rahul Kumar

Head – Human Resources

Electronica Finance Limited

Registered Address: Audumbar,101/1, Eranwane, Dr Ketkar Road, Pune 411004 Maharashtra Pune:-411038, Maharashtra (India)
Telephone No:- +91 2067290700 Toll Free No:- 1800 233 9718 Web: www.electronicafinance.com
Corporate Identification Number of EFL: U74110PN1990PLC057017
 Annexure-I

SALARY STRUCTURE
(All figures are in INR)

Component Yearly value Monthly value

Basic 226200 18850

House Rent Allowance 90480 7540

Statutory Bonus 14220 1185

New Educational Allowance 2400 200

Special Allowance 88200 7350

Gross Salary 421500 35125

Employer PF 21600 1800

Statutory Bonus Interim 9300 775

Fixed CTC 452400 37700

Variable Performance Pay 135000 11250

Total CTC 587400 48950

Electronica Finance Limited

Registered Address: Audumbar,101/1, Eranwane, Dr Ketkar Road, Pune 411004 Maharashtra Pune:-411038, Maharashtra (India)
Telephone No:- +91 2067290700 Toll Free No:- 1800 233 9718 Web: www.electronicafinance.com
Corporate Identification Number of EFL: U74110PN1990PLC057017
Additional Benefits:
 Mediclaim of worth Rs. 5,00,000/- for you, your spouse, two children & parents (60% Mediclaim
premium will be borne by the company & 40% by the Employees/annum)
 Group term life insurance sum assured for Rs. 25,00,000/-
 Accidental Insurance sum assured for Rs. 15,00,000/-
 Mobile and Conveyance Expenses will be as per Company Policy

Note:

 Employees will be eligible for appraisal who have joined before 30-Sep of respective
financial year subject to confirmation & performance
 Performance Linked Pay will be paid as per the company's policy. (For sales variable
pay is part of the regular incentive scheme & for support functions variable pay
depends on individual and company performance)
 Salary is strictly confidential and employee shall not disclose it to anyone without prior
permission of the company in writing.
 All tax implications arising as part of your salary structure shall be borne by employee.

Acknowledgement

I, Suraj Verma accept and agree to abide by the terms and conditions mentioned in this letter and
further I will be personally responsible for all legal/ financial consequences arising out of any violation by
me of norms laid down by company from time to time.

Signature:

Candidate Name : Suraj Verma

Date: Jun 08, 2024

Place: Faridabad

Electronica Finance Limited

Registered Address: Audumbar,101/1, Eranwane, Dr Ketkar Road, Pune 411004 Maharashtra Pune:-411038, Maharashtra (India)
Telephone No:- +91 2067290700 Toll Free No:- 1800 233 9718 Web: www.electronicafinance.com
Corporate Identification Number of EFL: U74110PN1990PLC057017