AXISB/LOA/RH4465843/219863

28/11/2024

Santhosh R
9578724588

LETTER OF APPOINTMENT

Dear Santhosh,

We are delighted to welcome you to Axis Bank for an exciting career of learning, development and
value driven growth. We take pleasure in offering you the position of Assistant Manager in RB - BB,
RL & Products.

The said offer shall be governed by the under mentioned terms and conditions apart from other
policies and conditions that are applicable or may become applicable from time to time.

Terms of Employment

1. Compensation
1.1 The annual compensation payable to you will be INR 4,66,888 subject to tax deductions at
source, as applicable by law.
1.2 It is clarified that Axis Bank reserves the right to deduct all permissible taxes as per applicable
laws from your compensation. Further, you hereby authorize Axis Bank to deduct any amounts
from your compensation, which are owed by you to the Bank, including any overpayments,
loans or advances outstanding at your end.

2. Code of Conduct & Ethics

2.1 As an employee of the Bank, you will be guided by the Code of Conduct & Ethics and rules and
regulations of the Bank in force and as amended from time to time.
2.2 If any declaration, statement or information including your qualification, experience and/or
any other details, as given by you at any time, is found to be false or untrue, if any material
information is suppressed or if it comes to the notice of the Bank that you had been, prior to
joining the Bank's services, convicted of any act involving moral turpitude and/or criminal in
nature, your services will be liable to be terminated forthwith without any notice or
compensation in lieu thereof at any time during or even after completion of the probation
period. However, this does not preclude the Bank from initiating such disciplinary measures,
as the Bank shall deem fit and any penalty may be imposed upon you in terms of the
applicable company policies.
2.3 You shall undertake to read and remain in compliance with the Bank’s internal policies and
procedures (as implemented from time to time) throughout the term of your employment.

3. Whole-time / Alternative Employment

3.1 Your position is a whole time employment with the Bank and you shall not take any other work
for remuneration (part-time or otherwise) or work in advisory capacity or be interested directly
or indirectly except as shareholder or debenture holder in other trade or business during the
employment with the Bank. You shall not be involved directly or indirectly with any business /
trade / occupation / service / calling or perform any part-time or other work for remuneration
or otherwise without obtaining prior written permission from Axis Bank.
3.2 During the employment in the services of the Bank, you shall not hold any other position in
any organization nor shall you get employed directly or indirectly in any manner whatsoever
nor shall act as an advisor to any organization, the exception being social organizations like
clubs, NGOs etc. having no political affiliation and no monetary gains. However the Bank
reserves the right to direct you to step down if, in the opinion of the Bank, such engagement
interferes with your duties.

4. Fidelity & Secrecy

4.1 You shall not at any time during your employment and/or after the termination of your
employment in any manner whatsoever divulge any confidential information relating to the
Bank, any of its constituents or its employees without the prior written consent from the
Management. In such an event, the Bank reserves the right to proceed against you.

5. Probation Period
5.1 The nature of your employment is Permanent, however you will be on probation for a period of
6 (six) months from the date of your joining. This period may be extended upto a maximum of
6 months in two tranches of 3 months each, if further assessment and observations are
considered necessary on the sole discretion of the Management. Thereafter, on failure to be
confirmed in the service of the Bank, your employment shall be terminated on account of non-
confirmation of service.
5.2 On satisfactory completion of probation you will be confirmed in the services of the Bank.
5.3 Your probation can be extended not only by virtue of your non satisfactory performance but
also by virtue of your non completion of the joining formalities.
5.4 Notwithstanding what is stated above, the bank reserves the right to confirm you in the
services of the bank even during the extended period, provided, the extension of probation
was solely due to non-completion of the joining formalities and such formalities are completed
within the said period.

6. Mandatory Induction Certification

6.1 Induction Certification is a mandatory requirement for Confirmation - post completion of
probation period.
6.2 100% attendance and 100% assessment clearance is required to be Induction Certified.
6.3 Non-adherence to Induction certification may lead to the following:
6.3.1 You will not be able to join your team till you are Induction Certified.
6.3.2 Not attending induction session on a particular day will result in loss of pay.
6.3.3 Not meeting the attendance and assessment criteria within the stipulated time period
would result in termination of services.

7. Transfer
7.1 Your services are liable to be transferred to any of the offices of the Bank within India and / or
abroad at the sole discretion of the Bank and the Bank reserve the right to depute / transfer
you at any time during your service in the Bank, to any of its subsidiaries or associates without
any prior consent from you.
7.2 Notwithstanding the role assigned to you in terms of this letter, the Bank reserves the right to
assign you any other role/function commensurate with your grade as may be deemed
appropriate, depending on administrative exigencies and requirements.
7.3 Your services can be requisitioned by the Bank at any time outside the business / working
hours.

8. Separation/ Retirement
8.1 Separation during probation
8.1.1 On account of Resignation: During the period of probation, you may resign from the
Bank’s service, subject to acceptance by your supervisor, for which you will be required
to mandatorily serve a notice period of 30 days. However, waiver of the notice period (if
any), will be at discretion of the Bank. In such an event, the gross salary equivalent of
the notice period shortfall (if any) will be recovered from employee.
8.1.2 On account of Termination: During the probation period, this contract of employment is
terminable by the Bank by way of giving notice of 15 days or on payment of salary in
lieu thereof without assigning any reasons.
8.2 Separation after Confirmation:
8.2.1 On account of Resignation: After confirmation, you may resign from the Bank's service,
subject to acceptance of your resignation by your supervisor, for which you will be
required to mandatorily serve a notice period of 90 days. However, waiver of the notice
period (if any), will be at discretion of the Bank. In such an event, the gross salary
equivalent of the notice period shortfall (if any) will be recovered from employee.
8.2.2 On account of Termination: Notwithstanding what is provided in the company policies
and the above paragraphs, your services, after confirmation, may be terminated by the
Bank by giving 30 days’ notice or payment of 30 days’ salary in lieu thereof without
assigning any reasons.
8.3 Separation arrangement
8.3.1 Voluntary resignation should be initiated on the exit management portal of the Bank.
Upon receipt of your resignation, the acceptance of the same shall be at Bank’s
discretion.
8.3.2 Upon acceptance of your resignation and before your proposed relieving date, you will
have to return all Bank’s property / assets entrusted to you and in your possession, to
 the Bank. Before you are relieved, all correspondence, specifications, formulae, books,
tablets, documents, cost data, market data, literature, drawings, effects etc. should be
returned and you shall not make or retain any copies of these items.
8.3.3 On separation, you are required to submit your claim for settlement of Provident Fund in
the prescribed form.
8.3.4 It is expected that you will continue to dispense your duties and
responsibilities during the notice period. You are also required to display
model behavior and adhere to the timings as prescribed by the Bank. Any
lapse or non-performance may lead to disciplinary action and result in non-
issuance of the relieving letter.
8.4 Retirement
8.4.1 The retirement age in the Bank is fixed as 60 years. You will accordingly stand relieved
from the services of the Bank on the last day of the month of your attaining this age
based on the Age Certificate furnished by you at the time of joining.

9. Reimbursement of Notice Period Pay

In certain cases of business criticality, the Bank, at its discretion and post approval from the
Head – Human Resources, may reimburse any shortfall in notice period pay to your current
employer. In such a case, the following terms and conditions shall apply:-
9.1 Upon joining, you are required to submit a certificate/ letter from your present employer
stating the number of days of shortfall in notice period and the amount recovered from you,
basis which we shall process your request for reimbursement. This reimbursement shall be
taxable and will be added to your Annual Taxable Income for the relevant Financial Year.
9.2 You are required to continue in Bank’s employment for a minimum period of three years, from
your date of joining, failing which amount so reimbursed shall be recovered from you along
with interest at the Bank Base Rate prevailing on your last working day and any applicable
taxes.

10. Conditions precedent /Joining formalities:

Your appointment and subsequent joining is subject to the following:
10.1 Submission of self-declaration of medical fitness provided on our onboarding portal.
10.2 The Bank receiving a satisfactory Background Verification report. For this purpose, you will be
contacted by an authorized agency empanelled by the Bank.
10.3 Submission of all necessary documents:
10.3.1 Self-attested copies of all your degrees, professional qualifications certificates and
documentary evidence of scholarships or prizes won, if any.
10.3.2 Proof of date of birth
10.3.3 Copy of Pan Card and Address Proof
10.3.4 One recent passport size color photograph
10.3.5 Copy of acceptance of resignation letter and relieving letter from your previous
employer
10.4 It is brought to your notice that you need to complete your conditions precedent and / or
joining formalities within 1 month from the date of joining, failing which your salary after 1st
month shall not be released till the completion of joining formalities and the said salary shall
be kept in the Bank’s Sundry Account.
The Bank reserves the right to vary the terms and conditions of service governing your
appointment as contained in this letter including your duties and responsibilities at any time.
Notwithstanding anything contained in the above paragraphs, your services may be terminated by
the Bank if you are found to be indulging in the acts of Commission / Omission which may be
prejudicial to the interests of the Bank or any act of dishonesty, disobedience, insubordination or
any other misconduct or neglect of duty or incompetence in the discharge of duty on your part.
The terms and conditions set out in this letter of appointment inter alia constitute service
conditions applicable to your employment in the Bank. Any dispute arising thereof are subject to
Mumbai jurisdiction only and the Mumbai Courts will have exclusive jurisdiction.
The above terms and conditions are to be read in conjunction with the company policies accessible
through the Bank's intranet. These shall be made available to you, post joining.
If you are joining Axis Bank from other employer, any restrictions and obligations associated with
other employer should be fully disclosed prior to joining, and adhered to, by you
Kindly note that Axis Bank does not charge any money/deposit for giving employment
offers/conducting employment interview, to anyone seeking a job at the bank, nor does it appoint
any agent/agency/individuals to make or issue offers of employment/benefits on its behalf.

For any further information / clarifications please feel free to contact:-

Soorej Parameswaran
[email protected]
We at Axis Bank wish you success and look forward to your having a long and rewarding career
with us!

Yours faithfully,

Anand Bardhan,
Head – Talent Acquisition
Human Resources
Dear Santhosh R

With your joining day approaching, we not only want to congratulate you
for your role as Branch:Branch Relationship Officer at Axis Bank, but we
also want to let you know that we are really excited to have you on board.
Posting Details:
Role Branch:Branch Relationship Officer
Date of Joining 26-Dec-2024
Posted Location S1991:Dharapuram
Posted Location S1 NEW HOUSING UNIT,
Address NEAR NEW BUS STAND,
DHARAPURAM,
Dharapuram,
Tamil Nadu,
638656.
Supervisor Name GOWTHAM R

Further to your reporting at the given location or logging in as per your

previous conversation with the HR Representative, you will:
Meet/ contact your HR Representative/ Supervisor who will induct
you to the team
Be provided with your Employee ID by your HR representative
Be enrolled to the ‘Head Start’ induction program/ an equivalent
program to help you understand the Bank and its functioning
Be rest assure that we at Axis will make sure that your first day on the job
is a comfortable one with Axis representatives helping you at every step.
By motto and by attribute each one of us is ‘Dil se open’

Welcome to the Axis Family.