Tricky situation. I doubt anyone who got laid off would first think of taking home loan. Ur case might be rare so just try it out. Afaik banks ask for bank statement not payslip

Software Engineer

yeah, i also got home loan from them, great service indeed

Product Manager

Reach out to folks at CreditDharma. Ditto like advice for all such queries. A friend referenced them to me

Founder

Update 1 - checked with SBI and HDFC. Both are saying it wouldn't be possible as company verification will fail, eventually rejecting the loan application.

It’s unfortunate, well try to close home loan deal asap, discuss openly with the loan agent/team lead and tell them the your current status. They can speed up the process. If the process isn’t started then they might hold on the loan

Lawyer

I had been intending to apply for a home construction loan, but my circumstances have shifted due to a recent layoff. Regrettably, I was affected by the layoff, and my January pay slip reflects the...

I had been intending to apply for a home construction loan, but my circumstances have shifted due to a recent layoff. Regrettably, I was affected by the layoff, and my January pay slip reflects the final salary payment. Since banks typically require the last three months' salary slips, and the January slip includes additional details, I'm concerned if this might pose an issue. If I disclose this to them, they may request further documentation such as a new job offer letter. I'm seeking guidance on what options are available and what actions I should avoid. Waiting an additional 2-3 months for a new offer letter and salary slips is not preferable to me.

Home construction loan / Layoff

Home construction loan / Layoff- Grapevine

Hey everyone, I hope you can help me out with this one query i have, is it fine to tell the interviewer that i got laid off when they ask why i am looking for a job change in this marker?
I have been WFH for 2 years, have 6L in liquidity for runway i guess, idk if it's safe or not but how is the job market currently. 
Recently gave interview in a tier 1 product based company, got rejected in 2nd round as well so what should be my plan now? 
How to tackle this feeling of being incompetent and anxiety?
I hope you can me out with these questions 😭

Got laid off today after asking for appraisal for 2 months.

Welcome to Software Engineers's Private Community

I laid off last week and getting call for interview . They ask me notice period. 
Should I tell them that I am immediate joinee and tell the reason as laid off?
Will it make negative impact for inital screening?

My preferable answers will be from HR or person who laid off in past

What should I tell as notice period after laid off

Software Developer

Welcome to Office Gossip's Private Community

What are some of the questions related to labour law in India that you always wanted to know (probably something that your HR may not explicitly tell you) - Ask here!

Labour Laws that you always wanted to know

One of my close friends is not liking the work in the current company due to the terrible WLB. He is planning to switch to a new company but doesn't want to show this current company experience of 3+ months. Have you ever come across such a situation? What's the best thing to do? If he reveals to the new employer then it won't be good on his resume because the company previous to the current one laid off 50% of employees and unfortunately he got affected too in that layoffs. So, due to tough market conditions he has joined a startup and realised that he can't sustain here for long.

Please guide if it's alright not to put the last 3 months experience in the resume and apply for new jobs.

Does hiding previous experience of 3-6 months create any trouble in the new company?

Analyst

Launched Jobsurance for every employee. India's first Income Protection Plan.

Welcome to News Discussion's Private Community

If you got a new offer, describe your new company, let's say matching the previous offer or more than previous salary by x%. Tell us role , location details etc.,

People who got laid off during the current scenario. What's going on?

I was working in a toxic environment, which should be a separate post, too long to explain here, tldr, I was put in pip, and then I resigned and put my notice, I like a responsible employee started finishing off my projects and tasks, giving KTs to other folks and junior. but now after this my company is saying ur lwd is 2 days from now, when in my contract notice is 2 months, HR says company has the right to waive off notice period without paying severance. What can I do currently, I don't have any job back up, so have to be unemployed for a while without any severance. Is this legally right from company sides, what possible things can I do currently?

Company terminating without notice or severance

Frontend Engineer

Hi guys I was let go last week of June because project did not go well and company didn't have bydgets. Entire team was let go. However when interviewing in last week of June I mentioned to the hr my project is not going well and can leave anytime and I didn't mentioned already I have finished my role. They might offer me a job now in July. I didn't basically tell HR at the start on this. Will I still be ok?  If i show my resignation and last day as same because my previous company mentioned that it will reflect in my experience letter, will it be an issue?

Need opinion urgently layoff

Growth Manager

A mist this market lay off’s i am constantly in stress and anxiety. Am i the only one who feels this way. 
How do i cope up with this? Any help suggestions

Constant anxiety and stress

External Audit

Hello folks, recently one of my friend got laid off. The new company is requesting for any doc/email or acknowledgement. However, he only received FnF and nothing. Wanted to understand if any company gives the doc or any acknowledgement that can be treated as a proof? And any suggestions to tackle this?

Layoff docs

Welcome to Personal Finance's Private Community

I have saved 15L in the past 2.5 years, and i am planning to buy a home worth 50 L in tier 3 city. I want to take a Loan of the remaining amount and i am the only earner in my family. Considering the current situation of Layoffs/Downsizing etc etc in IT,is it okay to take a loan and solely depend on my income for loan repayment. Im 25 rn and we don't have our own house. So need one. What are the other ways in which i can buy a home.

Should i go for home loan

Data Analyst

Welcome to Product Managers's Private Community

I interned at a fintech unicorn as a PM Intern in my 3rd year and wasn't able to get a return offer because of hiring freeze. I joined a relatively stable MNC as an analyst thru campus but don't really enjoy the job and there's no intellectual stimulation as well. Doing work here feels like a chore whereas I really enjoyed working at the unicorn. 

Now, the previous company had reached out to me and offering me a position. How should I proceed, really scared of layoffs as I have an education loan.

Confused, please help

Welcome to Indian Startups's Private Community

Hey, this is first time working for small startup, it's been almost 2ywars now and this company os not giving me salary slip, I have asked a few times but they keep ignoring the request. Also, being a small startup i don't get any ppf and other benefits. How should I go about it. I have recently heard that not being on ppf may let new recruits doubt about the credibility of work. They have lot of pending salaries and not having salary slip makes it difficult to trak how much is pending and how much I have recieved. 
Any suggestions will be helpful.

My company is not giving me salary slip

Product Head

Background,
I got laid off from an organisation and by god's grace I had a offer, which was not that good 10% decrement in salary, but me being a scared person joined the company.

Now 1 month after I realised I can do much better and market seems to open up.

What should I tell the HR in 2 scenarios.

1. I had already started Interviewing and haven't mentioned that I was layed off. What should I tell if I get selected? 

2. If a opportunity comes to start Interviewing for seperate company, should I mention about ty current company or no?

PS. The work in current organisation is not that good and it's a contractual role.

Need advice on what to say to HR of new company .

So basically they laid off the entire 90% of the team or I think 95%

And now they are delaying the payment of the last month's working salary as well.

Got to know that people who were laid off 3 months back received calls from HRs saying that they will get severance after 8 months now.

Very horrible experience. One of the most shitty companies out there. I hope no one falls into their trap again.

Layoffs at Skill-Lync and no payment of last month salary

how you all fellas  doing? especially the one who got laid off or quit their for jobs? how you all holding your finance and commitments?

Dry job market

I am worried about my future due to ongoing layoffs in the software field everywhere … i do not have a project from few months … can anyone please let me know what to do and secure my future and to improve my career ?
I have good knowledge in html css and javascript 
and have basic knowledge in java and spring boot

Home construction loan / Layoff

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