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Release Format For Branch

This document is a release letter from the Cooperative Bank of Oromia providing details of an employee's termination. It lists the employee's job details like employment date, grade, salary and allowances. It also outlines outstanding loans, leave balances, cash indemnity and other financial obligations. The letter states the employee's previous salary and related payments have been paid up through a certain date and provides the status of their disturbance and moving allowances. The letter is addressed to the employee and copies are provided to the employee, HRM Process and District Office.

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Nezif GT
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63 views2 pages

Release Format For Branch

This document is a release letter from the Cooperative Bank of Oromia providing details of an employee's termination. It lists the employee's job details like employment date, grade, salary and allowances. It also outlines outstanding loans, leave balances, cash indemnity and other financial obligations. The letter states the employee's previous salary and related payments have been paid up through a certain date and provides the status of their disturbance and moving allowances. The letter is addressed to the employee and copies are provided to the employee, HRM Process and District Office.

Uploaded by

Nezif GT
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Date: ______________

To: - ____________________

Cooperative Bank of Oromia (S.C)


City
Re: Release
As per of termination letter reference no. ___________ dated ______________. We
have release Obbo/Adde ______________effective ______________.held within the
following particulars.

 Employment date: __________________________________________.


 Job Grade: __________________________________________.
 Salary:
__________________________________________.
 Transportation allowance: __________________________________________.
 Housing allowance: __________________________________________.
 Representation allowance: ___________________________________
 Leave Position: starts from
____________ and s/he has utilized_____ days of annual
leave as at release date.
 Sick Leave Position: starts from ____________ and
s/he has utilized_____ days of Sick leave as at release
date.
 Other Leaves: _____________________.
 Fixed Asset Status _____________________.
 Outstanding ESL Balance: Birr___.00
(birr______________________________) of
birr_______.as at release date with repayment rate of
birr_____.
 Outstanding CL Balance: Birr _______.
00(birr_____________________) as at release date with
repayment rate of birr_______.
 Outstanding HL Balance: Birr _______.00
(birr_____________________) as at release date with
repayment rate:____________
 Outstanding Vehicle Balance: Birr _______.00
(birr_____________________) as at release date with
repayment rate:____________
 Cash Indeminity: Birr _______.
00(birr_____________________)
 Desert allowance: Birr _______.
00(birr_____________________)
 Other Contribution: Birr _______.
00(birr_____________________)
 Additionally, s/he was a Loan guarantor of: -
Obbo/Adde______________________________for ESL
of Birr____________held at ______ branches.
Consumer Loan of Birr_____ held at ____ branches.
Other if any___________ held at ______ branches.
Other commitments ________________________
 Previous salary and related allowances are paid up to______________________.
 Status of Disturbance & moving allowances:__________________
 N.B without this format it is not acceptance
With regards,

CC:-
 Obbo/Adde _______________________
 HRM Proces
 District Office

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