Employment Bond Advice ?

[User_22b35006]

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User_22b35006
PARTICIPANT
February 4, 2025 at 7:39 am

Hello Everyone,

I am working in a MNC and signed a bond worth 3 lac rupees for 4 years tenure. It is signed on a Stamp Paper.

I have worked for 6 months and the job role plus the working conditions are not that good. I want to resign and don’t want to pay the bond amount.

I don’t even want the experience Letter.

I have 2 questions :

1. Will this affect anywhere in my Visa Process for further education in a foreign country ?

2. How to avoid paying the bond amount ?
Also there is no mention of Notice period on the Letter of Intent and Bond so is it okay to leave immediately ?

What to mention in the resignation letter too ?

Kindly help.

P.S. I just got my 6 month variable pay and now I want to leave.

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[Braveanvi8270]

B

Braveanvi8270
PARTICIPANT
February 4, 2025 at 8:02 am

Heard there is a registry maintained by India IT industry association companies to report such cases.

If that’s true then it may have future bearing if you try for a role in future within Indian MNCs or WITCH companies overseas offices.

So be calculative before taking any step. 3L is not a big deal amount to jeopardise future opportunities when you have your entire working career ahead of you.

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[User_22b35006]

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User_22b35006
OP
February 4, 2025 at 8:02 am

It’s in the manufacturing industry

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