August 20, 2018
Dear Rajat Kumar
This has reference to your application and the subsequent interviews you had with us. We
are pleased to offer you the position of Assistant Manager, at Grade M1 in our
organization at Matak Majri.
Your annual compensation in terms of fixed cost to company will be INR. 325,000/-(Three
Lakhs Twenty Five Thousand Only). A detailed appointment letter will be issued to you,
subsequent to acceptance of this offer.
Name Rajat Kumar
Designation Assistant Manager
Role Asst Acquisition Manager
Function Asst Acquisition Manager-RL-Emerging Market (RL-EM)-Sales
State Haryana
With effect from 01-Sep-18
Compensation Structure
Components P.M. P.A. Frequency Remarks
a. Basic Basic 13,463 161,550 Monthly Minimum 40% of Fixed Pay
Salary excluding Section d
(Insurances Premiums) &
Additional HRA (If any).
b. Housing House 6,731 80,773 Monthly Upto 50% of Basic Salary
Rent
Allowance
c. Fitness 1,000 12,000 Monthly Amount paid per month under
Allowances Allowance Health and Fitness related
and Benefits Benefit. You can enter your
fitness goals by visiting on
Axis site: Health to the power
infinity
Statutory 2,693 32,310 Monthly Payable as per Payment of
Bonus Bonus Act
d. Insurances Mediclaim 9,760 Annual This denotes average
Premiums Premium for covering you and
dependents (partner and 2
children) for 4 Lakhs family
floater. Additional cover of
2Lakhs for employees post
completion of 5 years.
You will be covered by default,
coverage of the dependents as
per your declaration. Policy is
renewed in April every year.
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006 Page 1 of 1
More details in Axis
Mediclaim Policy. Voluntary
top-up and parents policies
cover premium is paid by you.
Axis Term 1,450 Annual This denotes average premium
Life + GPA for the grade calculated as per
Term Life cover for the grade.
Life Insurance Policy: 1.5 times
of CTC or grade-wise limit
whichever is higher.
Group Personal Accident
Policy (GPA): 3L or 1 time
CTC, whichever is higher
Refer Term Life Insurance
Policy & Group Personal
Accident Policy.
e. Retirals Contributio 7,771 Annual This amount is 4.81% of Basic
n to Salary. However gratuity is
Gratuity payable after 5 years of
Fund continuous service as per The
Payment for Gratuity Act.
As per current gratuity policy of
the company, exgratia is paid
on pro-rata basis at the time of
separation even if length of
service is less than 5 years.
Contributio 19,386 Annual Company's contribution
n to towards PF @12% of Basic
Provident
Fund
f. Total Fixed Total 23,886 325,000
Pay Fixed Pay
(a+b+c+d+e)
Other Benefits
Role Based - Shift Allowance - for employees working in shift as per Shift Working policy
Allowances/ - Corporate Mobile SIM - for the roles as per Mobile Policy
Benefits - Corporate Credit Card - In case your role and grades defined as per Corporate
Credit Card policy
- Laptop/ Desktop - as per the role eligibility and company policy.
Potential As per the variable pay policy applicable for your role.
Variable Pay
Other - Emergency Loan - Refer to Emergency loan policy for eligibility amount and other
Benefits details.
This email is intended for your understanding of the salary components only and should not be
construed as a formal offer of employment. We shall issue a formal appointment letter once you give
your acceptance of the above to us either on email/system. After receiving your Appointment Letter,
you should initiate your resignation with your current employer.
Your employment is subject of the positive background verification of all the details provided by you
including Employment/ Educational documents. It is advised that you submit documents best to your
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006 Page 1 of 1
knowledge.
Yours sincerely,
For Axis Bank Ltd,
Amandeep Singh Gill
Associate Vice President
Human Resources
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006 Page 1 of 1
HR/185199/EC/4104270924862
Date: October 11, 2025
TO WHOMSOEVER IT MAY CONCERN
Experience Certificate
We certify that MR. RAJAT KUMAR, Employee Number 410427 was working with Axis Bank Ltd. from Sep 01, 2018 to
Till Date. His employment details are as follows:
Designation : ASSISTANT MANAGER
Role : ASST ACQUISITION MANAGER
Location : MATAK MAJRI
We wish him success in all his future endeavors.
Regards,
Suraj Kumar
Human Resources
Axis Bank Ltd.
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006
HR/186289/SC/4104270924862
Date: October 11, 2025
TO WHOMSOEVER IT MAY CONCERN
Salary Confirmation Certificate
We certify that MR. RAJAT KUMAR, Employee Number 410427 was working with Axis Bank Ltd. from Sep 01, 2018 to
Till Date. His Salary details are as follows:
Gross Salary : Rs. 78,600.00/-
Deduction : Rs. 2,800.00/-
Salary in Hand : Rs. 75,800.00/-
We wish him success in all his future endeavors.
Regards,
Suraj Kumar
Human Resources
Axis Bank Ltd.
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006
HR/187892/NOC/4104270924862
Date: October 11, 2025
TO WHOMSOEVER IT MAY CONCERN
NO Objection Certificate
We certify that MR. RAJAT KUMAR, Employee Number 410427 was working with Axis Bank Ltd. from Sep 01, 2018 to
Till Date.
We have no objection to him travelling to Canada for a personal trip from December 10, 2025 to December 17,
2025. He will rejoin his duties on December 19, 2025.
As December 13, 2025 marks his marriage anniversary, we extend our heartiest congratulations and best wishes to him
in advance.
We wish him a safe journey and continued success in all his future endeavors.
Regards,
Suraj Kumar
Human Resources
Axis Bank Ltd.
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006
This is a digitally signed document and does not require physical signature.
Axis Bank Ltd. HR Dept. Corporate Park-II, 11th Floor, Behind Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400071
Registered Office: "Trishul"-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad - 380006
