What is full and final settlement? Whenever an employee resigns to his or her job then the employer has to clear all the pending dues of the employee, this process is known as the full and settlement process. In order to get a full and final settlement from the employer, employees need to submit no due certificate. Employees can get no due certificate from their employer.
The full and final settlement will be done along with the regular salary processing, but in some cases, it will be extended to the next month, in case if the employee has any dues to the employers in form of loans, company properties, etc. Otherwise, it will be processed with regular salaries.
Generally, the HR department is responsible for the full and settlement process, if there is no HR department in your organization then address the F&F request to the concerned department.
In the F&F email or letter mention your date of resignation and also confirm that you don’t have any pending loans which have to be paid from your side.
If your employer is not initiating your full and final settlement process then use the below letter format or email format to remind the HR regarding your full and final settlement process.
The HR Manager, Date:
Sub: Full and Final Settlement Request
Dear Sir / Madam,
I _________ resigned to my job on ________ and I have also submitted no due certificate to the HR department. So this is my kind request you to please issue my full and final settlement and please let me know if you need any further information.
Sub: Request for Full & Final Settlement
Dear Sir / Madam,
This is to bring your kind notice that I ____________, have given resignation to my job on ________ and I have also cleared all the advances which I have taken during my tenure. So I am requesting you to please issue my full and final settlement amount.
If your employer is not responding to the above letter then send a full and final settlement reminder letter.