Document Type: DOCX
Number of Pages: 3
An Employee Loan Agreement is a legally binding document between an employer and an employee which specifies the terms under which the employer grants a loan to the employee.Typically contains the following details:1. Parties to the agreement2. Loan amount3. Purpose of the loan4. Repayment Terms5. Rate of interest (If applicable)6. Deduction from final salary7. Consequences of insufficient salary8. Early repayment provisions9. Confidentiality10. Employee's Acknowledgment of Liability11. Governing Law12. SignaturesDownload an editable template today and customize it to suit your needs
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