What is salary slip? What is the difference between salary slip and salary certificate.?
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I need loan. For that, i need salary slip. I dont have a salary account. Please help.
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Answer:
A Salary slip is a document that gives the details of the salary of an employee during the particular period, for example days present, days absent, basic earnings, other allowances, deductions of taxes and other dues. And usually salary slip format gives break up of the gross earnings, deductions and net earnings of the employee. I've not heard of a salary certificate, but if your certificate provides the same information as a salary slip, it should be okay. Basically if you're asking for a loan, all the lender wants to know is how much you earn and whether you're able to repay the loan.
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