Facing Resignation During Probation: Do I Really Need to Serve a Notice Period and Forfeit My Security Fund?

Pradeep2194
I'm working in a PSB but not yet confirmed, and I'm under probation. Recently, I received an offer from another company, and I'm willing to move. At the time of joining, I was required to deposit a security fund, which will be forfeited if I resign or get terminated during probation. Upon my resignation, my employer insists that I serve a notice period of 3 months along with the forfeiture of the security fund. This requirement was not clearly mentioned anywhere in my appointment letter.

Notice Period During Probation

1. Is an employee supposed to serve notice even before confirmation or during probation?

Indian Labor Laws and Notice Period

2. Is it permissible under Indian labor laws to require compliance with a notice period along with the forfeiture of funds?

Security Fund and Notice Period

3. If a security fund is in place, why should an employee be required to serve a notice period again?

Kindly suggest suitable answers.
Aniket Pathak
Please read your offer letter twice. If nothing is mentioned regarding the notice period during probation, you need not serve it. Please talk to HR regarding the same and inform them that you are unable to serve the notice and ready to compromise on your security deposit. Are you a manager or a worker?
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute