1. #1
    Unregistered

    Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Sir recently i got placed in wipro i want 2 know that,the bond amount which we have 2 give at joinnig time is that refundable?

  2. #2
    Ravi Kiran Mohapatra Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    The bond amount is not taken in cash or cheque. Its a notarial(court) agreement that if you leave the company within the stipulated time,
    then you are liable to pay the amount of money promised to be paid.
    But in case of notarial, a surety(who pays Tax) should be there for the candidate. The surety is reponsible for paying up the money.

    Else if giving a FD, then the company will keep it. The FD amount would be returned after successful completion of probation period.
    Have a bright future.

  3. #3
    Puru Thaman Array
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    Smile Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    haI,



    WIPRO- Western Indian Products



    _)_Yep Wipro will Repay your Bondage Money Once you Completed your Bond Period Successfully_)_



    _)_Initially Once you got Placed through College On_Campus The Bond Amount will not be Collected In turn they will deduce sum Rs.75k from your Salary on Monthly Basis_)_



    _)_But Candidates who Got Placed Through Off_Campus or Walk_In are Requested To Pay The Bond Amount of Rs.75k Immediately on Joining Wipro_



    _)_Even if you Request To Deduce the Money on the Monthly Deduction they Might Not Consider as their Policies Won't Bend For anyone_)_





    _)(_Thanks_)(_

  4. #4
    Raajkumar Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    There are three options you have when providing bond.
    1.Put money in bank (in joint account of you and company)FD and give the FD paper to them.
    2.Get Security sign from people employed in firms and having PAN card.
    3.If you have a land worth the Bond amount get it valued and signed by the owner.
    If you opt for case 1 then your money will be refunded one your bond is over with the FD interest paid by the bank.

  5. #5
    u.shankar Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    The bond amount is not taken in cash or cheque. Its a notarial(court) agreement that if you leave the company within the stipulated time,
    then you are liable to pay the amount of money promised to be paid.

    Yes ,Wipro will Repay your Bondage Money Once you Completed your Bond Period Successfully

  6. #6
    Ashok Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Dear Friend,

    In order to encourage the employement of a new fresser,wipro company has decided not to take any bond amount in cash.It may be a notarial agreement with the company to work for a stipulated period.If you resign before that period,you may have to deposit the amount of one month salary.


    best of luck.

    Ashok

    . “Failure defeats losers, failure inspires winners.”

  7. #7
    G.one Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Now a days company in order to lower the employes leaving of job from the company, creates an agreement with the employee and also takes an bondage money from them. Yes, the bondage money is refundable after the stipulated time period mentioned in the agreement. This kind of money is taken only to save cost ,time . The recruitment and appointment of employees take too much cost & time. The company will not be liable to refund the money if you not follows the rules mentioned in the agreement. Thanx.

  8. #8
    lakshmi dhana Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Wipro is one among the top software company. Candidates placed through on campus may not pay any bond instead they will deduce a sum of bond amount from their salary on monthly basis.and for off campus candidates,bond amount must be paid immediately..Bond amount to be given atthe time of joining Wipro Is refundable,,pl do not worry

  9. #9
    reshuthakur Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    dear.
    wipro is a one company employes in order to be lower job leaving the company on campus may not instead a sum omount on a monthly salary biss of money is taken only to save cost ,time. campus candidates,you amount of one month salary.

  10. #10
    vivekomar99 Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Dear friend,
    Wipro is one of the top Software company and well known by all of us. When the candidates has got the placement through their On campus placement, then they must have not to pay a single penny but the candidates are bonded to deduct a few reserved amount from their salary each month. When any candidate heired from Off campus placement then they are bonded to pay the bond amount at the same time. Because of the trust of company's trademark you must have not to be worry, this amount is totally refundable when you have joined the company with your first salary. This is just like a security amount which is refundable when you joined the company.

    Thanks.

  11. #11
    Angel Shweta Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Friend
    Bond amount is given to the company in either cash or other beneficiary like FDs. This amount is collected from the employee when they join them. And this amount is refundable only after a period of time such as 15 months or when the terms and policies in the agreement are successfully met. Many employer companies deduct it from the salary itself in the due course of work. This amount is not refundable if you break the bond with the company before the expiry of the agreement. The company is not liable to any mishap created by you,if company is held responsible for such breach,you are liable to get the cash or other beneficiary in hand as soon as you break off your ties with the WIPRO.
    GOOD LUCK FOR YOUR FUTURE.

  12. #12
    YESHU Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    HELLO SIR ...................

    The recruitment and appointment of employees take too much cost & time. The company will not be liable to refund the money if you not follows the rules mentioned in the agreement.Else if giving a FD, then the company will keep it. The FD amount would be returned after successful completion of probation period.Even if you Request To Deduce the Money on the Monthly Deduction they Might Not Consider as their Policies Won't Bend For anyone


    ALL THE BEST......................
    .

  13. #13
    looser Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?


    Bond amount is the agreement. If you signed on 1 year bond agreement then you have to work in that company for one year.

    They also mention the salary range for that period. Suppose if they mentioned Rs.20,000 per month. Then you will get Rs.20,000 for that complete period.

    If you leave the job before the completion of your bond period then you have to pay the 20,000X12=RS. 2,40,000/-

    This is the bond agreement . After paying money then only they will give your certificates. So compulsory you have to work in the company based on agreement.

    Thank you

  14. #14
    samarth Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    HELLO SIR......

    Three options you have when providing bond.

    1.Put money in bank (in joint account of you and company)FD and give the FD paper to them. 2.Get Security sign from people employed in firms and having PAN card. 3.If you have a land worth the Bond amount get it valued and signed by the owner.

    BEST OF LUCK..

  15. #15
    Ravi Kiran Mohapatra Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    HI,

    Yes,there is a bond.
    It is an agreement that you need to make.
    The amount would be around Rs 75,000.
    In case, you leave the company pay the amount and then quit the job.


    HOPE THIS WAS HELPFUL!!!!!
    GOOD LUCK!!

  16. #16
    GURUDUTTA Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    HI FRIEND....

    When the candidates has got the placement through their On campus placement, then they must have not to pay a single penny but the candidates are bonded to deduct a few reserved amount from their salary each month.This amount is collected from the employee when they join them. And this amount is refundable only after a period of time such as 15 months or when the terms and policies in the agreement are successfully met.Candidates placed through on campus may not pay any bond instead they will deduce a sum of bond amount from their salary on monthly basis.and for off campus candidates,bond amount must be paid immediately..Bond amount to be given atthe time of joining Wipro Is refundable

    GOOD LUCK....

  17. #17
    imman Array
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    Wink Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    $$ HI $$



    $ Yes,it is refundable $


    $_$ Whatever amount you paid to the company for the bond will be come back to you at the time you leave the company $_$

    $_$
    If you break the bond then the company won't give you the amount back $_$

    $_$
    There is no bond for the candidates who comes via on campus $_$

    $_$
    But the candidates who come via off campus must pay the bond amount at the time of joining $_$



    $$ Thank you $$

  18. #18
    Boss Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Wipro is of the highest code company. Candidates placed through on field might not pay any bond in lieu they are going to deduce a total of bond quantity from their remuneration on every month basis. and for off field candidates, bond quantity ought to be paid in actual time. Bond quantity to incline at the time of alter of integrity Wipro Is refundable,

    Now a days company so as to lower the staff going of job from the corporate, creates associate agreement with the worker associated conjointly takes an bondage money from them. Yes, the bondage money is refundable when the stipulated essential quantity mentioned within the agreement. this type of money is taken solely to save plenty of value ,time . The achievement and appointment of staff take an excessive amount of value & time. the corporate won't be susceptible to refund the money in case you not follows the foundations mentioned within the agreement.

    Bond quantity is given to the corporate in either money or different beneficiary like FDs. This quantity is collected from the worker after they be part of them. And this quantity is refundable solely when a amount of your time like fifteen months or one time the terms and policies within the agreement square measure with success met. several leader firms deduct it from the remuneration itself within the due work of labor. This quantity is not refundable in case you break the bond with the corporate before the expiration of the agreement. the corporate is not susceptible to any mishap created by you,if company is command to blame for such breach,you are susceptible to get the money or different beneficiary in hand as before long as you break off your ties with the WIPRO.

    Wipro is amongst the highest code company and standard by all folks. one time the candidates has the location through their On field placement, then they must haven't to pay penny however the candidates square measure guaranteed to deduct plenty of reserved quantity from their remuneration every month. one time any candidate heired from Off field placement then they are guaranteed to pay the bond quantity at an equivalent time. due to the trust of company's trademark you require to haven't to be worry, this quantity is refundable one time you have joined the corporate together together with your preliminary remuneration. this can be like a security quantity that is refundable one time you joined the corporate.

  19. #19
    mahi4mk Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    DEAR ASPIRANTS ,

    Bond is a agreement you join company and you complete this bond

    rules and follow this a good but you do not follow bond rules

    company dedected your salary penalty period so you work bond's

    rules and get benefit .Yes your bond money refundable definatly

    after finish time period .You have must follow rules this a bond

    agreement written paper........GOOD LUCK

  20. #20
    geetanjali Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    HI,

    WIPRO is a big name in IT industry.

    Congrats for joining wipro.

    Actually , there will be court agreement papers where it will be mentioned that if you leave the company in the stipulated time of 2 years, then you have to pay the agreed agreement amount to the company.

    No cash or cheque should be given at the time of joining.Its just the court agreement papers.


    HOPE THIS IS HELPFUL!!!!!
    GOOD LUCK!!

  21. #21
    chowdary Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    dear aspirant

    Wipro is one of the leading companies in India

    first of all congratulations to u as u are selected for the company

    Bond is taken by any company when u join a job

    but the Bond is not taken directly in the form of money or cash

    the bond is that u have to pay some money to the company if you left the job before the bond period

    U should not give any cash to the Company at the time of joining

    hope the information is useful to u

    all the Best

  22. #22
    sairam6 Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Hai friends

    the wipro is the company ,having good position in the it filed

    congratulation getting the job in the wipro is great thing

    bond means

    when getting the job some companies will ask you to write the bond for 1 (or) 2 years

    the agreement is having ,you want to sign in that agreement only

    suppose you write the agreement for 2 years ,you want to work complusary for 2 years

    if you come out in the middle year ,you want to pay the money ,which you accepted in the agreement

    if you pay the money means their will give the money back ,don't worry you can get the money back

    hope this information helps you

    good luck

  23. #23
    Devi.career Array
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    Re: Bond amount to be given at the time of joining Wipro? Is that amount refundable?

    Hello friend,
    Bond amount is not taken in cash ,you just give an notarized agreement on court stamp paper stating that if you leave the company before your Probation period you have to pay that much amount which we say bond amount. its not taken at the time of joining it will be taken after you leave the company and if you stay more than your probation period and then leave then there is no need of paying the amount.
    Thank You.

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