![]() ![]() Not only that a salary certificate is required when you get a loan but it’s also essential to produce one when you are buying something on credit or installments. If you agreed for $2,000 return each month for a loan, the bank needs your salary certificate to see how much you make and if it’s possible for you to pay $2,000 every month after all expenses. For instance, you are applying for loan or credit card, no bank or Credit Company will authorize credit or loan without confirming if you will be able to return it and they can only give surety of credit or loan return if they know how much you make each month. This salary certificate is a legal document that shows your income and it can be used anywhere it’s needed. The most important and basic purpose of a salary certificate is to proof how much you earn. If the same letter is written to the manager of a bank or a loan company, it would become a salary certificate letter because now it’s official communication between two companies.Ĥ Salary Certificate Mistakes to Avoid: Importance of a Salary Certificate: When you ask your employer to write you a salary certificate without specifying who will receive it, it’s a salary certificate. ![]() Although you might not think that they are different but in fact there is difference in both of these. There are basically two concepts regarding these certificates one is salary certificate and the other is salary certificate letter. This document is created by the employer and it gives official verified analysis of one’s income before and after all deductions and compensations. Among those essential documents, there will be a document called salary certificate. For instance, you are applying for home loan and the bank gives you a wide list of documents to obtain. There are dozens of occasions or reasons when someone is asked to provide details of his or her income. #Editable letterhead templates for ms word download#Download these several Free Salary Certificate Templates in MS Word format to review before coming up with your own letter for printing. ![]()
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