I have submitted my last 3-month salary slip. Now they want the last 6 months' bank statement. I provided them my 6-month bank statement, but I blacked out all other transactions because I don't want to disclose my personal transactions. Can the company force me to show all other transactions? If they force me, what should I tell you? This is a very big MNC. Is it ethical for them to force me to show all transactions?
From India, New Delhi
From India, New Delhi
What is the purpose? Is it just to know the salary earned from the past company? Or is it to understand how much should be the TDS that should be deducted for the remaining period of FY 2022-23?
A company that relies on employees' bank statements to determine the past salary drawn, TDS, or any other matter without trusting the statements provided by the employee is not a good place to work. Therefore, choose a different alternative to join.
From India, Kannur
A company that relies on employees' bank statements to determine the past salary drawn, TDS, or any other matter without trusting the statements provided by the employee is not a good place to work. Therefore, choose a different alternative to join.
From India, Kannur
Hi,
When you get shortlisted by a new employer to negotiate your salary, they typically check your past salary details for which you have submitted a 3-month payslip. If the employer is not convinced of the authenticity of the payslip provided (as nowadays candidates tend to cleverly edit payslips to secure higher salaries), the employer will then request a 6-month bank statement, preferably in PDF format. The reason they insist on a statement with other transactions is to ensure that even the bank statement has not been manipulated. I have personally witnessed many cases where false payslips/bank statements were provided. Small or mid-sized organizations may not have the time to conduct background verification and rely solely on these documents. If what you have submitted is truthful, there should be no fear in disclosing all transactions. The payslip/bank statement will simply go into your personal file after verification and will not be used for any other purpose.
Wishing you good luck!
From India, Madras
When you get shortlisted by a new employer to negotiate your salary, they typically check your past salary details for which you have submitted a 3-month payslip. If the employer is not convinced of the authenticity of the payslip provided (as nowadays candidates tend to cleverly edit payslips to secure higher salaries), the employer will then request a 6-month bank statement, preferably in PDF format. The reason they insist on a statement with other transactions is to ensure that even the bank statement has not been manipulated. I have personally witnessed many cases where false payslips/bank statements were provided. Small or mid-sized organizations may not have the time to conduct background verification and rely solely on these documents. If what you have submitted is truthful, there should be no fear in disclosing all transactions. The payslip/bank statement will simply go into your personal file after verification and will not be used for any other purpose.
Wishing you good luck!
From India, Madras
You can ask form bank for particular name transaction. In net banking there is option you can download for particular name, amount and period. If so company will accept it without any doubts.
From India, Mumbai
From India, Mumbai
Hello V.M. Lakshminarayanan,
I'm doing part-time work which is USA-based. (No offer letter, No PF, No ESI, No ITR). They usually pay 23,000-25,000 rupees every month for part-time. And for a full-time job, my salary is 22,200. So every month, the bank statement will show 2 credits very close together. They may question why I am doing part-time work. That's why I want to hide other statements. What should I do?
From the bank statement, it can be understood that it is a foreign transaction. (For both transactions, no name is provided, only bank numbers). Now, what is the best solution?
From India, New Delhi
I'm doing part-time work which is USA-based. (No offer letter, No PF, No ESI, No ITR). They usually pay 23,000-25,000 rupees every month for part-time. And for a full-time job, my salary is 22,200. So every month, the bank statement will show 2 credits very close together. They may question why I am doing part-time work. That's why I want to hide other statements. What should I do?
From the bank statement, it can be understood that it is a foreign transaction. (For both transactions, no name is provided, only bank numbers). Now, what is the best solution?
From India, New Delhi
Hello, Prem chanda yadav Sir, What is the procedure for this particular name transaction for SBI bank? How I can request it to SBI. Please help me sir.
From India, New Delhi
From India, New Delhi
Hi,
In that case, you can submit a bank statement with all transactions, highlighting your primary salary credit. Most employers will not show much interest in other transactions. However, in case of any such questions, you can present them as some personal income transactions belonging to the family.
I also collect bank statements from candidates. We are only concerned about the authenticity of the current salary and not about other personal transactions of the candidates.
Wish you all the best!
From India, Madras
In that case, you can submit a bank statement with all transactions, highlighting your primary salary credit. Most employers will not show much interest in other transactions. However, in case of any such questions, you can present them as some personal income transactions belonging to the family.
I also collect bank statements from candidates. We are only concerned about the authenticity of the current salary and not about other personal transactions of the candidates.
Wish you all the best!
From India, Madras
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Check Failed/Partial)-The user's reply is partially correct but lacks a comprehensive understanding of the situation and legal implications regarding providing bank statements to the employer. It is essential to consider legal requirements and company policies when handling such requests.