When an employee is seeking to confirm their salary with a financial institution, they will need to provide a salary verification letter from their employer. This document acts as proof of income and ensures that the employee earns the salary they claim to be making.
The salary verification letter should be written on company letterhead and signed by a senior staff member, such as the HR manager or CEO. It should include the following information:
- The name of the employee
- The dates of employment
- The salary amount earned per month/year
- Any additional benefits received, such as health insurance or housing allowance
You can use the template below if you are an employer and have been asked to provide a salary verification letter. Fill in the relevant information and send it to the employee’s financial institution.
(Name of the Financial Institution)
Sub: Employee Salary Income Verification/Proof Letter From Employer
It is our pleasure to confirm that Mr./Ms. __________ is employed with us since ___________ (Date) in the position of ___________ (Position). His/Her current monthly salary is ___________ (Amount).
We assure you that Mr./Ms. __________ has been a regular performer and has always met our expectations. We have no hesitation in recommending them for any credit facility they may require from your organization.
Should you have any further queries, please do not hesitate to contact us at ___________ (Contact Details).
For ……………. Limited,
(Name of the Officer)