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Does TCS provide education loan to employees?
The company does provide loan for higher studies to some extent but in that case you would have to come back and join TCS post completion of your course. Yes they do.
Does TCS give advance salary?
In a post on the company’s internal communication portal, CEO N Chandrasekaran said the cash advances would be in the range of Rs 1 lakh to a maximum equivalent of three months gross salary. TCS will also give an ex-gratia grant of one-month’s salary upto Rs 15,000 for TCS support and service staff.
Does Accenture provide loans?
Employees of Accenture can avail a personal loan for any financial requirements that they might have. Most banks and NBFCs are likely to approve your personal loan request, given that you work for a reputed organisation, subject to you meeting the lender’s other eligibility criteria.
Does TCS give house rent?
1. House Rent Allowance (HRA) Your HRA will be *4,080/- per month. Personal Allowance You will be eligible for a monthly personal allowance of of 7,570/- per month. This component is subject to review and may change as per TCSL’s compensation policy.
What is advanced salary?
Salary advances are short-term loans given to employees that are deducted later from future salaries. Some companies allow such advances. The advance amount is deducted from the net income at the end of the month and over the forthcoming months. The salary advances are generally interest-free.
Which is the best personal loan for employees working in TCS?
Benefits for employees working in TCS from Tata Capital Tata Capital Financial Services offers exciting personal loan offers to TCS employees. With interest rate ranging from 11.25\% p.a, this personal loan is one of the sought-after personal loan among TCS employees.
What are primary and secondary loan conditions in TCS?
The primary condition can be medical emergency, where u hv consumed all the benefits of your health insurance and still need more. Secondary it can be an actual emergency other than medical, where your manager and HR should get convinced on the emergency and need to approve the loan. Originally Answered: how much loan does TCS give?
What are the financial benefits TCS provides to its employees?
TCS give 30k rupees without any intrest and this amount would be deduct from your future salary. One more financial benefit TCS provide. You can take one month salary in advance and in the end of same month amount would be settle but amount that you have taken in advance would be taxable.
How can I get credit in TCS?
There are various types of credit you can get while working in TCS. For above mentioned purposes you have to submit a lot of documents. If your need for money falls under any of these categories then you can go through TCS employees website ULTIMATIX for more information.