Dear seniors, my recent company always made payments through their bank cheques instead of NEFT or RTGS. So, when I change work platforms and join a new company, if the HR department asks me to provide them with the last few months' bank statements, how should I manage that? Please let me know the necessary documents that I must submit at the time of joining the new company.

Regards

From India, Mumbai
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jkct15
187

No worries, any cheque transaction will be quoted in the statement from whom it has been done. So, you can always show that in case your new company requires you to show the bank statement as evidence for the actual take-home pay. If it's not working out, it's better to get a salary certificate from your employer and keep it for your reference. If they are not providing one, the third option would be your latest appointment or increment letter; this will be more than enough to prove it. Anyways, if the company is seeking your salary or deposit details, they will surely check with your employer. So, you need not worry if your bank statement doesn't reflect your deposited salary.

Please let me know if you have any further questions or need clarification on anything.

Thank you.


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It is a common practice now to credit employees' salaries through banks, and there should not be any problem in proving the take-home pay by producing bank statements. Moreover, you should receive the monthly salary slip issued by the employer, and these salary slips could also serve as valid documents to prove the salary you have received.

Regards,
S. Dass

From India, Bangalore
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bcarya
163

Payments through a bank cheque are equivalent to NEFT or RTGS. It is also legal and can be easily proved by the bank statement.

Steps to Prove Bank Cheque Transactions

What you have to do is just take some latest bank statement and mark out the cheque clearance transaction. That's it.

Regards

From India, Delhi
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Understanding Salary Proofs: Cheques vs. RTGS Transfers

Why is Aaryacareers worried? It might be because he/she has many other credits to his/her bank account. Regarding cheque credits, they do not show any narration in the bank statement as 'SALARY.' While RTGS transfers mostly reflect the word 'SALARY' in your bank statement (though not always). Hence, salary transactions can be easily identified and can be shown as proof.

However, cheque payments are also equally valid proofs of salary. The only thing is that to prove the amount appearing in the bank statement as salary, a person has to show the payslip of the related month, where the net amount on the payslip and the bank statement matches. It is acceptable everywhere, so no need to worry.

From India, Mumbai
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