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Hi, I am working in a NBFC MFI as Assistant Manager HR. I want to know about the leave policy of a NBFC MFI, how many days CL/EL/Sick/Privilege leave should be provided to an employee in a calendar year. Kindly help me in preparing the leave policy for my company.
Please give expansion for NBFC MFI ?. If you registered under Factories Act or Shop and Establishment Act , you may refer to the relevant Act for leave eligibility details.
Dear Nirmali,
you seem to be inquiring about the leaves entitles to an NBFC in the state of Assam. NBFC are covered under shops and establishment act and as per Assam Shop and establishment act, every employee is entitled to 16 EL, 6 CL and 6 SL post completion of 12 months of continuous service in an establishment.
Regards
Rahul Chhabra

Hi, I’m working as an HR executive in ExcelR Solutions, can you please suggest me the leave policy to be followed as ours is an Software training institute.
You must have registered under Shops and Establishment Act. Please refer to the Act applicable to your state.
design your leave policy according to shop and establishment act applicable to your place. I think Andhra Pradesh Shop and Establishment Act is applicable in your case. In case of any further querry, please mail at or call me at 9999236926.
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