AGREEMENT WITH THE SOCIETY .

........................... I ..a..a...1.................................*...*****.***I..*....*..*... having been paid Rs

........................... towards LoanlGrant, by the United India Insurance Employees' Welfare Society. on do
hereby agree, in consideration thereof, not to discontinue my membership of the said Society, until,
. I cease to be an employee of the United lndia lnsurance Company Limited, or till my membership is
terminated by the said Society under the Rules and Regulations.
.
I agree that the insfalments of loan and other amounts that may at any time and from time to
tirns become due and payable by me to the Society, be recovered by the Society from my salary and
othar amounts payable by me to tha Society, through the office disbursing such Salary/Amounts. I here-
wi th furnish below an Irrevocable Letter of Authority authorising such offico to effect recoveries from my
. SmlarylAmounts. v
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I t is also understood and agreed that the said Society shall have the right to recover forthwith
from me or from any amount that may become due and payable to me by my employers from time to time
or at any time, the..,balance amount due under the said loan or the full amoun! of the said Grant, as the
case may be, i n case I choose to resign my membership from the Society while in the services of the
United lndia lnsurance Company Limited.
. WITNESS
SIGNATURE 1 .
Name rn . Signature 2 . of the Member.
Address :
From
TQ
United lndia lnsurance Co. Ltd.,
HO : RO : 0.0.1 Branch Office
Dear Sirs,
Re : Irrevocable letter of Authority for deduction
of loan inetalments from my monthly salary.
I..a...a .............................................................. having applied for a loan from United India
lnsurance Emloyees' Welfare Society hereby authorise you to recover all or any instalments of loan,
. subscription or any other sum that may be due by me t o the said Society from time to time, from my
monthly salary and to remit such deductions to the said Society.
I further authorise that i n event of my dischargelresignation from the Company's services/
retirement/Iong absence due to illnosslunsound mindldeath, the entire amounts due t o the Society may
be deducted from my salary/allowances,~ bonus/Ex-gratis/Gratuity or any other amount due to me and
paid to the Society i n full setllement.
I agree and. declare that payments by you to the Society of the above amounts wi l l be a
complete discharage to tlie United lndia lnsurance Co. Ltd.
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This Authority letter i s not revocable except wi th the oxpress consent of the Society.
I agree to accept as sufficient evidence of my liability, a demand signed by an officer of the
Socfety.
* ,
WITNESS
SIGNATURE 1
Yours faithfully,
Name :
Address : Si gnatur~ of the Member,
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