Date:
Director/Human Resource Manager
(Hereinafter called "the employer")
Dear Sir/Mdm,
AUTHORISATION AND CONSENT TO ALLOW MY EMPLOYER TO DEDUCT PORTION OF MY MONTHLY SALARY IN SETTLEMENT OF MY LOAN WITH
I/We, the undersigned, as the borrower or guarantor of hereby confirm that I am indebted to , in the sum of S$ being a credit loan granted to me on .
In consideration of the said loan, I/We agree to the followings:
a) hereby wholly, unconditionally and irrevocably direct, authorise and consent to the deduction of my monthly salary in repayment to in settlement of my loan;
b) hereby wholly, unconditionally and irrevocably direct, authorise and consent to allow to claim from my salary due to my default payment to them;
c) Hereby agree to indemnify you and your successors and assigns and hold you and/or your successors and assigns harmless against all actions, claims, demands, costs and expenses which may be brought against or suffered by you or your successors and assigns as a result of my said authorisation, direction and consent.
Yours faithfully,
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Borrower Name:
NRIC: