12th December 2017 From India, Pune
Generally companies ask original certificates from employees who handle cash. If this is not feasible discuss with your employer and convince.
It is not a legal point to collect originals from employees.
Because some employees also tend to deceive the companies, these kind of rules came into existence.
14th December 2017 From India, Hyderabad
Instead of our typical shortcuts, company needs to take Fidelity bonds for such employees who are handling cash.
Original educational certificates are personal property of employee.Incorrect to retain them as security.
14th December 2017 From India, Pune