Full and Final Settlement Letter

Sample / Example / Template Letter for Full and Final Settlement Process for employees form employer (Company in India) with Final Pay Slip calculation in excel (.xls) Format

ABC:HRD/2012-13/012
October 12, 2012,

MR. MANISH KUMAR,
C-154, Ramnagar,
305, I.C. Bose Road,
Chennai-800012.   

                                       Sub: Full & Final Settlement.

Dear Sir,

This refers your email and subsequent discussions you had with our Mr. Ram Lal Bajaj, Vice President, accordingly we have revised the full & final settlement. Please find the details as mentioned below:


Particulars
Amount Payable
Net Salary Payable for the month

September 2012, As per register
15950.00
Advance Leave for 16 Days*
(58667.00)
LTA due for 2012-13 (184 Days)
19287.00
Medical Reimbursement (184 Days)
19287.00
LTA due for 2012-13
7640.00
Medical Reimbursement for 2012-13
93620.00
TOTAL
97117.00
Advance against Salary
0.00
Advance against Expenses
12136.00

12136.00
Amount Payable/(Refundable)
84981.00
Cheque No.256487 dated 01/10/2012
648.00
Balance Amount Payable/(Refundable)
84333.00

Further to this please be noted that in the previous statement we had not taken into account 7 days of your leave and considered only 4 days of leave taken. However now while reworking of your settlement we have considered full 11 days of leave taken.

Also kindly note that one mobile handset (Nokia – E8) is lying with you. Please return that handset alongwith all other accessories.

We wish you all success in your future endeavours.

Thanking you,

Yours faithfully,
For ABC CORPORATION LTD



Authorised Signatory 

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