How Can I Get My Unpaid Internship Stipend from HDFC Bank After Two Months of Waiting?

I am pursuing an MBA from a prestigious institute in our country. As part of the course curriculum, I completed a two-month internship with HDFC Bank through campus recruitment. When they selected me for the internship, they promised a stipend of 40,000 Rs, as stated in the joining letter. My internship days were challenging. As part of market research, I had to travel to different remote villages for 45 days, incurring expenses of approximately 65,000 Rs from my own pocket, as the bank did not provide any reimbursement. My mentor informed me that they would only be providing the stipend and nothing else.

Now, it has been two months since I completed the internship, during which I received a grade of 96 for my excellent work. However, I have yet to receive the stipend. Whenever I call to inquire about the stipend, they assure me it will be paid by the end of the month, tomorrow, the day after tomorrow, or at the start of the next month. Two months have passed, and I still haven't received a single penny. Can someone help me get my stipend, please?

Demand the stipend in writing (send through registered/speed post). If they don't comply, seek advice from a legal expert to issue a formal demand or legal notice.

HDFC Bank agreed to pay ₹40,000 for a summer internship? Are you sure? It's surprisingly high. Secondly, it seems strange that HDFC will default on payment. I suggest you be clear with the facts. Have you discussed this with your placement officer at college? They would definitely intervene if someone does not get paid.

Please get in touch with the HR or write to some senior personnel in the bank, referring to the joining letter.