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The full and final settlement process involves calculating and paying the employee's last month's salary, tax deductions, bonus earnings, unused leaves, and any other outstanding dues such as reimbursements, gratuity, and provident fund.

Dear Sir / Madam [HR Representative], I am writing to request the Full and Final Settlement and Relieving Letter for my employment with [company name]. As you are aware, my last day of work was [date], and I have completed all of my pending tasks and handed over my responsibilities to my successor.

Ing to the rules, a full and final settlement must be issued to the employee within 10 days from the employee's last working day, as per the notice given by the employee. The process of exit clearance should start 5 to 6 days before the last working day of the employee.

First, you must give your employer notice within the period specified in your employment contract. After giving notice, you will either be settled in advance before your last day at work or afterward. But if your final settlement process isn't initiated early, you must write a letter to the human resource manager.

Full and Final Settlement commonly known as FnF process is done when an employee is leaving the organization. At this time, he/she has to get paid for the last working month + any additional earnings or deductions. The procedure has to be carried out by the employer after the employee resigns from their services.

Full and final settlement is the process of calculating all the dues payable to an employee who resigns, retires, or is removed by the management. The settlement process is not just limited to the salary drawn by the employee but also deductions.