Annual salary certificate template is for all those people who don’t have enough time to prepare a certificate for themselves. These templates have been designed in such a way that they can be easily edited and formatted. The entire status and salary history of the employee can be obtained with the help of annual salary certificate.
What is annual salary certificate?
A salary certificate is a document which is used to show the details regarding the annual salary of the employee. Per month salary of the employee is calculated and then it is multiplied by 12. This calculation gives the information about the annual salary of the employee.
Importance of annual salary certificate:
Annual salary certificate plays a very important role in lives of many people especially who belong to working class. This certificate serves as a proof that they are getting the specific amount of salary per year.
There are many loan granting organizations that give the loan on the basis of the annual salary of the individual. Whenever you want to apply for a loan or any other insurance policy, you are required to provide them the annual salary certificate. Sometimes, you also have to provide this certificate in order to apply for the foreign visa.
Key elements of salary certificate:
The main details that are added to this certificate are:
- Name of employee
- Name of institute
- Job history
- Designation of employee
- Basic salary
- Details about tax and various exemptions
- Date of joining the employee
You can prepare the annual salary certificate at home if you know the details to be added to it. The format of the certificate is also required to be followed so that you can impart it a professional look. The certificate should be signed by the owner of the company who is issuing this certificate.
Make sure that you have added all the details regarding your annual salary that an institution may need to process your request to get visa or loan.
There should not be anything confusing in the certificate. The company should provide the correct information on the certificate.
Size: 85 KB | Download
Size: 209 KB | Download