What are the employee rights if he resigned during Probation period?

I want to know what are the employee rights if he resigned during Probation period.
Appoint letter condition are mentioned below.
You shall undergo probation for a period of not less than three (3) months during which the company may without assigning any reason whatsoever terminate the employment herein by giving notice in writing of not less than five (5) business days or payment of gross salary in lieu of the said notice.
As the condition only favor employer .

Hi,
What is the clause put up for the employee in the letter that also you need to share please.

Sir,
this is the only clause for Probation in appointment letter.
You shall undergo probation for a period of not less than three (3) months during which the company may without assigning any reason whatsoever terminate the employment herein by giving notice in writing of not less than five (5) business days or payment of gross salary in lieu of the said notice.
I want to know if employee resign within Probation period is 5 days notice is applicable for employee.

Yes, 5 days notice is applicable in your case because of probation period clause and if you don't follow rule , company may recover/ deduct 5 days salary from you.

As notice period of 5 days clause is there for termination of contract for employer then as per nature of Justice same period is applicable for you too.

Thank you manojkamble and abramhe sir.