Regarding loan and Gratuity pay?
Good day to all, just want to check with those who have experience or idea regarding may situation. I went home for vacation but due to some family issues i decided to submit my resignation online. I have some loan which everymonth deducted with my salary. Due to my situation i may not be able to continue it. Ill try to comeback with my company but did not accpet me. and now its been a year and it keeps growing because of the interest. what is the best way to do? i was thinking to send email to the bank and have some arrangement. but im not sure if its possible? because right now i need Police Clearance for my application.
My second question is - Is the company will give my gratuity to the bank or not? because i was asking them where is my gratuity for 3 years and they said i cant get it since i did not do my clearance and resign online only.
Thanks in Advance.
you company is right, you cannot get your gratuity because you did not resign properly. you submit your resignation while you are on vacation, that means you cannot get anything. with regards to your query if you can email the bank, you should have done that before when you file your resignation with your company. its too late now. maybe the bank already file a case against you for not paying your loan. if the bank will negotiate, definitely they will ask you to pay the whole amount including interest in full. they will no longer accept installment payment.