Format





Salary Certificate Fill-in-Form Image
Salaried employees must know the differences between Salary certificate and Salary letter. In most cases, salary certificate or salary letter come into picture when an employee thinks about how to overcome current or forthcoming financial crisis - personal debt, purchasing a car, buying a house are the common occasions. When you contact a financial institutions like bank, they give you a list of documents required for processing loan application. Some institution wanted salary certificate while others wanted salary letter. What are the main objectives and differences of these two documents - salary certificate and salary letter?

 

Application for Salary Certificate
Salaried employees are offered loan by banks and other financial institutions where some documents to be submitted along with application for the loan scheme. Normally a wage slip also known as salary slip shows your present earnings and deductions, but in some occasions, financier asks to produce salary certificate.

 

Image of Form 16 certificate or TDS Certifciate sample filled up
Form 16 certificate also known as TDS certificate is a financial statement issued by an office of a salaried employee that contains earnings, deductions and “Income Tax" or "I-T” paid to the Government. This Form-16 certificate (TDS Certificate) must be issued to every employee who comes under “Tax Deducted at Source - TDS”, by his / her employer in the end of each financial year.