Why should company certify address of employee??
16th October 2018 From India, Pune
Yes, Employer can issue letter but must incorporate the following :
a. His address as per proofs provided and recorded in his Service Record is as follows:
b the last line must read "The Company is in no way liable for the loan granted to the Employee, in case he defaults in his repayment"
Hope the above helps.
R. H. Kavarana
17th October 2018 From India, Mumbai
There is nothing wrong in issuing such letters to the permanent employees (build certain amount of reliability and trust over the time) not advice to issue letters to temporary, 3rd party payroll and on contract employees.
You can clearly mention such lines in letters that, as per our records his/her temporary address is so and so and this letter is being issued for the sole purpose of obtaining a loan from bank.
17th October 2018 From India, Pune