Advance salary request letter template is a formal letter composed by the employee, addressed to the employer, requesting for some advance loan from the future salary. There are certain terms and conditions under which an employee can apply for the advance salary loan. The most important one being that the employee must be working on a temporary basis and must have worked there for some time. It is usually signed like an agreement and if during the course of the agreement, the employee wants to leave the company, he/she has to make the installments to the company. Since the loan is being paid from the salary, it does not necessarily need to be returned, instead, it is deducted from the employee’s future salaries.

1. Salary Advance Request Letter Format
2. Salary Advance Request Letter Sample Business Letters

Details of Advance Salary Request Letter Template

Advance salary request letter begins with the name of the company, date and the employer or the manager you’re addressing this letter to. The statement asking for the advance loan is written next. It is preferable to that the employee mentions that for how long he/she has been working at the company and also the duties that he/she has been performing at the firm. The statement should be kept as simple as possible and it is a common practice to mention the reason for which you need the loan. The date should also be mentioned from which the advance salary loan deduction is supposed to begin and the end date for this agreement as well. Advance salary request letter is then signed by the employee requesting for loan. This perfect and high quality format is example of our quality work and for your ease, we are providing a download button underneath template.

Download Salary advance request letter sample. Microsoft Word (.docx) Or select the format you want and we convert it for you for free: Select a format.doc.pdf.odt.ott.fodt.dot.rtf. This Document Has Been Certified by a Professional. 100% customizable. This is a digital download (13.06 kB). Jan 21, 2019 Advance of salary are usually requested for a small amount that can be easily repaid with deductions from the borrower’s salary. The amount of repayment should not be so high as to jeopardize the ability of the employee to meet monthly living expenses. Below is a request letter for advance of salary written to an employer. The letter should be written in formal business style, and if there are any forms required by the employer, they should be included with the letter. A sample letter. Subject: Request for two month’s advance salary. John, I am writing this letter to request a favor of the company. I have been working at Company name for the past 12 years. My employee records show that I have been a sincere, punctual and hardworking employee. Sample Request Letter to ask for Advance Salary for Medical Bills Below briefly focus on Sample Request Letter to ask for Advance Salary for Medical Bills. You can follow these sample format of request advance salary due to some personal problems e.g payment of rent of the medical allowance, medical bills, etc.

Employees working in organizations for years may be eligible for additional facilities such as advance salaries. An advance salary request can be written if you have run into unexpected expense such as a medical emergency, a sudden financial crisis or any other emergency. Advance salary request is up to the organization to approve.

An advance salary is considered a loan to the employee. This loan may be paid back in installments so that the employee does not further fall into crisis.

Salary Advance Request Letter Format

Advance salary request does not mean that if you request your salary for the month of November in October, then you will not receive the salary for November. Rather most organizations allow the employee to repay the loan within a specified period. This can either be done through voluntary repayment or a monthly deduction from the pay cheque.

Advance salary request is uncommon. This kind of facility is mostly available in public service where the job is more or less permanent; or if an employee has been working with a company for a long period of time and has a clean record.

To make a formal request for advance salary, employees must write a written application, explaining in detail the circumstances that are causing you to make such a request. The reason must be an emergency and a critical one. An employee simply mustn’t ask for an advance salary loan just because he/she wants to go on a vacation with friends.

The pre-requisites for an advance salary usually are:

• A long-term employee record that shows loyalty to an organization
• A clean police and employee record, no criminal records of financial frauds etc
• A permanent position
• Good reputation for honesty and integrity

A sample letter

Subject: Request for two month’s advance salary

Dear Mr. John,

I am writing this letter to request a favor of the company. I have been working at [Company name] for the past 12 years. My employee records show that I have been a sincere, punctual and hardworking employee.

Recently, my father suffered a huge loss in business and although his stock was partially insured, we still had to bear a significant burden of debt. As a result, we have been in a financial crisis. We have tried to borrow some amount from the bank, but the loan approval process shall take time and we need some money right away.

Therefore, I am requesting for an advance salary of 2 months. Given my reputation for integrity and truthfulness, you must have noticed I do not usually ask for favors or make requests. This, however, is a critical matter for me and my family.

Hence, I am writing with strong faith that the company shall continue to trust me and keeping in mind my responsible history agrees to loan me two month’s salaries in advance.

I shall repay the loaned amount in installments and agree to a monthly deduction from my paycheque until the loan is cleared.

Look forward to your cooperation.

Thanks,

Liz Parker

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Salary Advance Request Letter Sample Business Letters

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