General

Can I leave TCS without paying bond amount?

Can I leave TCS without paying bond amount?

No you need not pay the bond. I quit TCS while our bond was of 2 years and i was never asked to pay that . You will be asked to pay for the days you fail to serve notice period. Even in this regard you need to pay as per your basic salary per day.

What is the bond amount of TCS?

Currently , the bond period in tcs is 1 year. Your bond is over 1 year after you join (be it as a fresher or experienced person). If you leave during the time the bond exists , you have to pay 50000 rupees (in india).

What is the bond period for leaving TCS?

The amount of credit is determined by a combination of you(Continue reading) The bond period is 2 years. If you want to leave TCS , then pay 50k + serve three months notice period. Pay 50k+ 3 months basic salary. ( Depends on your manager and HR)

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How can I get my bond money back from TCS?

Just talk to HR and ask them about the bond money and get your release papers. No need to abscond, as it may make a blot on your career map. Try buy back option and offer TCS YOUR 2 months salary or some sum amount of money and if they agree you can claim it from Amazon as well after some negotiation.

What is the policy for TCS If I quit the company?

The policy is the same as anywhere with a bond agreement. You have to give notice that you will be quitting and if you quite before the bond period is over, you will have to pay the entire sum of the bond to honor the agreement. In some cases, the amount may be reduced in view of the work that you’ve done with TCS.

Can I leave TCS on the same day?

Our team at Grammarly has compiled a handy list of common grammatical errors to help make your writing accurate, clear, and(Continue reading) You can leave TCS on the very same day too. You just need to pay the bond amount as 50K + 3 months basic salary. (I.e 10,200 each)