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Leave encashment is a benefit offered by you to your employees, in which an employee can accumulate his or
her leaves over a period of time.
The accumulated leaves are paid in lump sum to your employees once they are no longer a part of your organization.
In the absence of the employee,
this amount is given to his or her loved ones. This payment is made as per the guidelines set by you
This plan gives you the opportunity to earn potentially better returns and helps you build a leave encashment pool.
The wealth created by the plan can be used to make leave encashment payment claimed by the employees on exit.
Note : Policy details offered are indicative, not exhaustive. Please contact your nearest
Arunaya office for further details.