What happens when you break a bond in HCL?

That means you are legally obligated to serve till the agreed time period, however if you choose to break out of the agreement there is no such recovery. At maximum you may be blacklisted and may not join HCL or it’s subsidiary in future.

Is there any bond for freshers in HCL?

HCL Technologies – Makes freshers sign a 15 month bond and penalizes them 1.25 lakhs for breaking it.

What is full from HCL?

On 11 August 1976, the company was renamed Hindustan Computers Limited (HCL).

Can I abscond from HCL without paying bond?

You’ll need to pay the bond amount only if you need an experience letter from them. In your case you don’t need any experience letter so you can easily abscond. But in some cases they may black-list you and you may not be able to join HCL in future. Make business inclusive with this online course.

What happens if I leave HCl after serving a contract?

That means you are legally obligated to serve till the agreed time period, however if you choose to break out of the agreement there is no such recovery. At maximum you may be blacklisted and may not join HCL or it’s subsidiary in future. Explore macroeconomics online with MIT.

How do I ask for early release from HCL?

If you are in Bench, you can ask for early release. You have to negotiate with your HR. Since you cant be deployed into an project, they will give you option for early release. You can use payout option. You have to pay some amount to HCL and you can leave early with proper documents. You are in notice period,…

How long does it take to get a reliving letter?

Bigger institutions always require you to provide Reliving letter as soon as you join, Experience letter within 45 days of joining, and a background verification done by third party vendors who would contact your HR and Manager for verification. Hope I have not multiplied your confusion.