TCS
TCS
on
JazzyBurrito
JazzyBurrito
11mo
by

EL encashment Rules

I had 54 El so, technically only 6 EL should have been enchansed. As till 48EL we can store, as per my knowledge. But now 10 EL is encashed and only 44 remains. Please anyone could suggest. What is the enchasment rules about EL.

11mo ago
SparklyQuokka
SparklyQuokka
11mo

The ELs for a quarter are credited at the END of the quarter…so end of March, 2025 your actual EL balance in 54 + 4 = 58. Max EL accumulation = 48. So the encashment becomes 58-48 =10.

JazzyBurrito
JazzyBurrito
11mo

EL are crediton first of evey quarter

SparklyQuokka
SparklyQuokka
11mo

No what I mean to say is the EL for a quarter is always credited after the quarter ends i.e. EL for Jan-Mar quarter is credited on 1-April.

JazzyDonut
JazzyDonut
11mo

Max EL is 44, anything above that will be encashed

SleepyKoala
SleepyKoala
11mo

What is one EL’s amount?

JazzyBurrito
JazzyBurrito
11mo

As per policy it's 48EL and SL 44

FuzzyMarshmallow
FuzzyMarshmallow
11mo

It is not 48. It is 44

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