extension in job

pulkit (Querist) 29 July 2015 This query is : Resolved
I am working in Baroda Gujarat gramin bank as a clerk and I m in probation of 1 year and 2 months required for completion of my probation and I have selected as a P.O in the Sam bank in which I m working but the management said I have to pay bond of clerk's probation

Follow Query

Report Abuse

pulkit (Querist) 29 July 2015
Is there any law that an employee has to pay a bond if he has selected in same bank ....and can I take extension of that joining and if I have got extension then the final decision is mine if I will join or not

pulkit (Querist) 29 July 2015
And if I have got an extension then can I attend the other bank interview and my bank will give me NOC or not for attending interview after they gave me eztension

Guest (Expert) 29 July 2015
No payment is necessary. The bond would be treated to have been transferred to the concerned controlling HR department of the present post. If it is within the same HR juridiction, no change would be required.

P. Venu (Expert) 30 July 2015
The Bank's demand is not just. Have the Management made this demand in writing? If so, give a dispassionate reply pointing out that their stand is incongruous in as much as your past experience and training, if any, imparted would be beneficial to the Bank.

In given facts, it is not advisable to enter into an verbal discussion

Rajendra K Goyal (Expert) 30 July 2015
You should join as officer in the Bank. If Bank ask for the bond amount in writing, reply that you are not changing the Institution. Show the language of the Bond to some HR consultant / local lawyer.

pulkit (Querist) 03 August 2015
Thank you very much... But there is any norms and circular issue by RBI reagarding this bond in probation period and selection in same bank and yet to pay bond ....plzz if it is then give me right way si that I can show my management

pulkit (Querist) 03 August 2015
Because my joining date is over and they didn't give me extension..and I have heard that they should ask three time to selected candidate for joining if he was not completed the joining process in a particular bank