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Need Help on decrepancy between payslip and bank statement.

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lata
Junior Member
Posts: 81
Joined: Wed Feb 27, 2008 11:21 am

Need Help on decrepancy between payslip and bank statement.

Post by lata » Wed Mar 05, 2008 1:17 pm

Iam planning to apply for HSMP. My claim period is March-2007 to Feb-2008.
I have few doubts here:

1. Do I need to show my latest IT return which shows only one month( march-2007) ( In India Financial year is from April to March)
2. I have joined in new company on 8th Aug-2007. So my July salary (from previous company) credited into my account on 13th Sept,2007 . This entry was not made as salary credit. It is just like funds transfer... which is given below.

29/06/2007 SALARY CREDIT : INFINITE COMPUTER SOLUTIONS INDIA PVT LTD 43157.00 164126.42

13/09/2007 FUNDS TRANSFER INTERCITY CHEQUE DEPOSIT - 3122 At BLR Inhouse transaction - Citibank N.A. 70024.00 88724.7

The first transaction is about June salary. 2nd transaction is July salary which is my full and final settelment. In my July payslip , gross salary is Rs. 48,374. But in my bank statement it shows 70024.00 This includes my july salary ,leave encasment and other reimbursements.

Do I need to explain all this in the covering letter. How should I explain the decrepancy between my July payslip and bank statement.?

Can you please help me in this regard.

Appreciate your quick reply.

Thanks,
lata

small_hope
Newly Registered
Posts: 9
Joined: Tue Jan 01, 2008 1:31 pm

Post by small_hope » Wed Mar 05, 2008 5:44 pm

I hope you might have got your final settlement statement form the previous employer which explains the break up of the amount that has been credited into your account.

This should be attached with your application and should be explained in the covering letter.

Hope this helps,

Cheers,
SH

rely
Member
Posts: 200
Joined: Sat Nov 26, 2005 9:51 am

Post by rely » Thu Mar 06, 2008 8:24 am

But explain this aspect very very clearly .They are not going to do home work for you.You have spoon feed them.
rely
small_hope wrote:I hope you might have got your final settlement statement form the previous employer which explains the break up of the amount that has been credited into your account.

This should be attached with your application and should be explained in the covering letter.

Hope this helps,

Cheers,
SH

HSMP2008_JANUARY
Member
Posts: 190
Joined: Tue Jan 29, 2008 10:10 pm
Location: London

Re: Need Help on decrepancy between payslip and bank stateme

Post by HSMP2008_JANUARY » Thu Mar 06, 2008 2:25 pm

lata wrote:Iam planning to apply for HSMP. My claim period is March-2007 to Feb-2008.
I have few doubts here:

1. Do I need to show my latest IT return which shows only one month( march-2007) ( In India Financial year is from April to March)
2. I have joined in new company on 8th Aug-2007. So my July salary (from previous company) credited into my account on 13th Sept,2007 . This entry was not made as salary credit. It is just like funds transfer... which is given below.

29/06/2007 SALARY CREDIT : INFINITE COMPUTER SOLUTIONS INDIA PVT LTD 43157.00 164126.42

13/09/2007 FUNDS TRANSFER INTERCITY CHEQUE DEPOSIT - 3122 At BLR Inhouse transaction - Citibank N.A. 70024.00 88724.7

The first transaction is about June salary. 2nd transaction is July salary which is my full and final settelment. In my July payslip , gross salary is Rs. 48,374. But in my bank statement it shows 70024.00 This includes my july salary ,leave encasment and other reimbursements.

Do I need to explain all this in the covering letter. How should I explain the decrepancy between my July payslip and bank statement.?

Can you please help me in this regard.

Appreciate your quick reply.

Thanks,
lata
Its not a issue as long as you expalin it correctly. Explain in detail but make sure that you dont explain too much which will confuse the case worker.

lata
Junior Member
Posts: 81
Joined: Wed Feb 27, 2008 11:21 am

Post by lata » Fri Mar 07, 2008 8:05 am

Thanks you both for your quick reply and comments.
I have my full and final statement break up (which includes things like 6 days payable(in august) ,leave encashment, LTA.... ) which shows amount Rs.26107
I have seperate July payslip which shows amount : Rs.48,374

Both are credited as single amount Rs. 70024.00 into my account.

If I would submit both full and final settlement statemnet and july payslip is enough?

Or

Do I also need to get letter from previous employer

if yes what should be the format?

Can anybody help me please.

Thanks,
lata.

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