I had joined Mobikwik company after paying 1.5 lakh to my last employer by myself, which was committed to be repaid back within 1 month but was paid back after 4 months by Mobikwik. So, I resigned. Now the company has deducted 1 lakh from my 2-month salary.
I want advice on how to get back my amount.
From India, Gurgaon
I want advice on how to get back my amount.
From India, Gurgaon
I was in the bond period with my employer before joining Mobikwik. Mobikwik asked me to join them and pay 1.5 lakhs to my last employer by myself. They assured that they would repay me within one month, but they paid after one month. After such behavior, I resigned, and Mobikwik deducted 1 lakh from my two-month salary. There are no terms and conditions in the offer letter stating that I have to serve at least one year. I have also served the notice period. Do you have clarity now?
From India, Gurgaon
From India, Gurgaon
Hello Nitjaman,
Let's get the facts right. You resorted to Notice Period Buyout by paying 1.5 L to your last employer, and Mobikwik assured that they would reimburse the amount within 1 month of joining but reimbursed after 4 months. IS THAT RIGHT?
So you got angry that they took 4 months to reimburse rather than honoring their commitment to reimburse in 1 month AND HENCE resigned. IS THAT RIGHT?
Now they have deducted 1 L from your Salary. IS THAT RIGHT?
Rgds, TS
From India, Hyderabad
Let's get the facts right. You resorted to Notice Period Buyout by paying 1.5 L to your last employer, and Mobikwik assured that they would reimburse the amount within 1 month of joining but reimbursed after 4 months. IS THAT RIGHT?
So you got angry that they took 4 months to reimburse rather than honoring their commitment to reimburse in 1 month AND HENCE resigned. IS THAT RIGHT?
Now they have deducted 1 L from your Salary. IS THAT RIGHT?
Rgds, TS
From India, Hyderabad
Understanding the Notice Buyout and Reimbursement
When an employer reimburses the Notice Buyout amount, it means they need your services early and regularly, typically for at least one year. This requirement can be communicated in writing, orally, or otherwise. It was their investment in you, and your action regarding the late reimbursement was hasty.
Now, let's understand your case. You received ₹1.5 lakh, which was given to you after 4 months. The amount deducted was ₹1.0 lakh. This means you worked for 4 months, which is 1/3 of a year, and accordingly, the employer deducted ₹1.0 lakh for the remaining 2/3 of the year.
Furthermore, understand that neither the employer was bound in writing to repay ₹1.5 lakh, nor were you bound to serve for a certain period in writing. As such, I do not find any legal remedy.
Do not take my frankness otherwise.
Thanks,
Regards, V K Gupta
From India, Panipat
When an employer reimburses the Notice Buyout amount, it means they need your services early and regularly, typically for at least one year. This requirement can be communicated in writing, orally, or otherwise. It was their investment in you, and your action regarding the late reimbursement was hasty.
Now, let's understand your case. You received ₹1.5 lakh, which was given to you after 4 months. The amount deducted was ₹1.0 lakh. This means you worked for 4 months, which is 1/3 of a year, and accordingly, the employer deducted ₹1.0 lakh for the remaining 2/3 of the year.
Furthermore, understand that neither the employer was bound in writing to repay ₹1.5 lakh, nor were you bound to serve for a certain period in writing. As such, I do not find any legal remedy.
Do not take my frankness otherwise.
Thanks,
Regards, V K Gupta
From India, Panipat
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(Fact Checked)-The user reply is correct. (1 Acknowledge point)