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Annexure -IV EMPLOYER UNDERTAKING (Where applicant is not maintaining salary account with our Bank} From: To: Name : The Branch Manager Employee No: Designation Department: ‘Address: Union Bank Of India Branch Dear Sir/Madam, Sub: Personal loan account ni with Union Bank of India. vide his letter een ‘a personal loan of by your branch on Larner: Wrest RO! @ wnnnnesAS per the terms & conditions of sanction, the loan is to be repaid along with interest We have ae informed by Shri/Smt/Ms dated that he/she has in. jonthly installments. , hereby execute this irrevocable mandate and authorize you to deduct a sum of Rs.. frumees from the salary of employee every months for months COMMENCING fFOM earned woune-/ 200 and Credit the same towards my subject loan account |, further undertake to deduct entire liabilities (outstanding together with interest) of the employee from his/her retirement/terminal benefits and to remit the same to your branch towards adjustment of the subject loan in case of retirement /termination/ cessation from service (including death) of the employee. Yours faithfully, (Signature & Seal) 66

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