May 06, 2025
Offer Letter
To,
Suman Raj,
Subject: Offer of employment as Sales Manager - Personal Loan at Poonawalla Fincorp Limited.
Greetings from Poonawalla Fincorp Limited!
This is with reference to your application and subsequent discussions you had with us.
We are pleased to offer you an employment at Poonawalla Fincorp Limited (Company) as Sales
Manager - Personal Loan at HR Designation Deputy Manager on the terms and conditions as stated
below.
01. PLACE OF POSTING and tentative DATE OF JOINING
You will be posted at New Delhi and date of joining will be on or before July 10, 2025 .
This letter sets forth certain terms and conditions of our employment proposal and the detailed terms
and conditions of your employment with the Company shall be governed by the contract of
employment (“Employment Contract”) which you shall be required to execute, at the time of your
joining.
01. COMPENSATION
Total Fixed Pay (TFP): 700008(INR per annum)
The tentative TFP (Total Fixed Pay) break up is attached in Annexure A.
Once you accept this offer of employment, the Company will enter an Employment Contract on
the date of your joining. The probationary period will be for 6 months from the date of joining,
details of which will are described in the Employment Contract.
Your principal place of work will be at New Delhi. However, the Company shall have the right, at
its sole discretion, to transfer you to any of its now existing or any future (i) office(s), and, or (ii)
branch(es), and, or (iii) business vertical(s) and, or (iv) affiliates.
Your compensation and all other payments received by you would be subject to deduction of
Provident Fund, Profession Tax and any other prevailing taxes as applicable.
You will also be eligible for Annual Leave and holidays as per applicable laws and in accordance with
the prevailing rules and policies of the Company.
Should the terms of the offer be acceptable, please respond to the undersigned within 3 days by
signing and returning a copy of this letter (electronic form acceptable). This letter supersedes all
previous oral and written agreements and understandings. This offer shall automatically stand
withdrawn if we do not receive your acceptance within 3 days.
Your joining is subject to and verification of your pre onboarding documents to the satisfaction of
the Company. You agree and consent to the Company to undertake a background check (either by
itself or through third party agencies) and using and storing your personal information or sensitive
data, for the purpose of your potential employment with the Company. You agree that your
employment with the Company is contingent upon a satisfactory background check as well as
verification of your previous employment and salary history and/or any other details, in accordance
with applicable laws.
Following Scanned copies are required to be submitted -
1. -Self Attested Educational Documents (SSC, HSC, Graduation, Post-Graduation, any other)
2. -Self Attested latest appointment letter, and last 3 months salary slips
3. -Self Attested Aadhaar Card
4. -Self Attested PAN Card
5. -Scan copy of Passport size photo (.jpg or .jpeg format)
You are also advised to share the copy of the Resignation Letter within five days of acceptance
hereof and subsequently share with us the copy of the resignation acceptance letter issued to you
by your present employer.
On your first day of employment, you will need to submit the documents / details as set out in the
attachment of this mail and present them to the HR contact.
Documents Required
Employment Contract Executed copy of the Employment Contract.
Educational Mark sheets th
Self-attested copies of all mark Sheet/certificate 10 , 12th ,
and Passing Certificates Graduation, Post-Graduation (if applicable).
Relieving Letter* Photocopy of relieving letter of your previous employer.
Printout of Official Mail/ Hard copy wherein the Last Working Date
Resignation Acceptance has been clearly confirmed/ accepted by the Reporting Authority/
HR. This document should contain the Company Stamp/ Seal along
with the signature of the
Reporting authority/ HR.
PAN Card Self-attested clear copy of PAN. If the same has been applied for,
please provide
the acknowledgement copy of the application.
Aadhaar Card Self-attested clear copy of AADHAR Card. If the same has been
applied for,
please provide the acknowledgement copy of the application.
Current Address Proof Rent Agreement/ Index II / Electricity Bill.
Recent Photographs Three Recent passport size Photographs.
Blood Group Details Blood Group should be mentioned in the Joining Form.
*You shall provide your relieving letter within 45 days of your date of joining
We look forward to a mutually rewarding and a long-term association with you.
Yours sincerely
Saurav Alok Roy
Head - Talent Acquisition
Annexure A
Compensation Break-up sheet
(Strictly Confidential)
Particulars Annualized Amount (in INR per annum)
Basic Salary 280008
House Rent Allowance 140004
Special Allowance 232932
Provident Fund 33600
Gratuity* 13464
Advance Statutory Bonus 0
Employee State Insurance 0
Total Fixed Pay (TFP) 700008
$ Performance Linked Variable Pay As per Company Policy
$Performance Linked Variable Pay, if applicable, will be paid as per the Company Policy and subject to
maintaining a minimum standard of performance as per agreed parameters and targets or as
communicated by the Company from time to time.
Any amount paid to you over and above the Total Fixed Pay (Relocation Reimbursement, Confirmation
Bonus) will have a retention clause of 24 months from Date of Joining for Relocation reimbursement and
24 months from Date of Confirmation for Confirmation Bonus. In the event of you resigning or leaving the
organisation in this period, the entire amount (pre-tax) shall be returned by you to the Company.
*Gratuity is payable as per the Payment of Gratuity Act, 1972.
The compensation is subject to review in accordance with the Company’s policy and will depend upon your
performance. Your performance shall be in the line with the Company’s performance year (1st April to 31st
March)
Employee Acknowledgement:
