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  #1  
Old Saturday, August 27, 2011
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Default 3-year Bond

I was wondering the other day how to dodge bond, in fact breach the 3-year contract, without paying money to employer?

There must be a loophole in this law which can be exploited.

Bond is signed to keep you from taking better opportunities. Why do that in a country which already lacks growing chances.

Suggestions or 'Experiences' will be greatly valued.
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  #2  
Old Saturday, August 27, 2011
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Quote:
Originally Posted by frankincense View Post
I was wondering the other day how to dodge bond, in fact breach the 3-year contract, without paying money to employer?

There must be a loophole in this law which can be exploited.

Bond is signed to keep you from taking better opportunities. Why do that in a country which already lacks growing chances.

Suggestions or 'Experiences' will be greatly valued.
Well, the only way I see is to go to office one day, reach to your boss and slap him as hard as you can...... or if you are in contact with the customer in office, or the customer is even in your reach, do the same...... or smoke a cigarette in your office while putting your legs on the table...or doing a mess with the office record.... these are ways in which they will fire you from the job.(May be) Otherwise, i dont see a way by which you can breach the bond and leave the job by yourself Baqi more senior players in the market can give a better idea about this
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Old Saturday, August 27, 2011
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Quote:
Originally Posted by skhan86 View Post
Well, the only way I see is to go to office one day, reach to your boss and slap him as hard as you can...... or if you are in contact with the customer in office, or the customer is even in your reach, do the same...... or smoke a cigarette in your office while putting your legs on the table...or doing a mess with the office record.... these are ways in which they will fire you from the job.(May be) Otherwise, i dont see a way by which you can breach the bond and leave the job by yourself Baqi more senior players in the market can give a better idea about this
Ridiculous behavior is not a solution. If one can take such a silly step with his/her organization then he/she should not join any job in Pakistan. There r only two solutions for 3-years bond.
*) Don't join MCB TBO.
**) Pay the penalty.
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Old Saturday, August 27, 2011
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i m not sure abt this but i have heard that if we switch job from banking to anyother field than we dont have to pay the amount even if we have signed the bond cx in bond, its mentioned that we can`t switch our job within the banking sector but nothing written abt the other fields!!
is it right? or its just lack of information?
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Old Saturday, August 27, 2011
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@frankincense bohat hi takhreebkar mind ha apka. their is no way to violate the bond even if you want to switch from bank to bank you have to pay the amount.
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  #6  
Old Saturday, August 27, 2011
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Quote:
Originally Posted by ZAKARIYAN01 View Post
@frankincense bohat hi takhreebkar mind ha apka. their is no way to violate the bond even if you want to switch from bank to bank you have to pay the amount.
Yeah, If you switch to any other bank you have to pay bond amount.
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  #7  
Old Saturday, August 27, 2011
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Dude, there are two things, you need experience letter and you don't need the "Experience Letter". You need experience letter in the case your new job is on the bases of the experience of your first bank or you have mentioned on your CV/Application your experience. In this case, your new employer will definitely ask for not only the experience certificate but also an NOC. To get it, you definitely have to ask from your first bank and they will never give you that without paying the bond amount.
But if you haven't shown your previous experience to your new employer, you don't need to pay any amount.
Many of my batch fellows joined NBP later and they didn't fulfill the bond. Secondly if you think, your remaining balances with the bank are more than the bond amount go for it. Otherwise don't take the tension.
PS: If you have some good PR in your first bank HR and some high rank official, even then you will don't have to take tension.
Mostly banks hardly go to courts for individuals, I have observed.
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Old Saturday, August 27, 2011
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Quote:
Originally Posted by tanolig View Post
Ridiculous behavior is not a solution. If one can take such a silly step with his/her organization then he/she should not join any job in Pakistan. There r only two solutions for 3-years bond.
*) Don't join MCB TBO.
**) Pay the penalty.
Brother, I wasnt proposing all this...I was just trying to say that the only way to breach is to involve in such negative behaviors...and not a single literate person would like to do that
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  #9  
Old Sunday, August 28, 2011
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Thank you all.

Your responses have already begun to make sense as it turns out there are multiple approaches to the problem.
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Old Sunday, August 28, 2011
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Quote:
Originally Posted by skhan86 View Post
Brother, I wasnt proposing all this...I was just trying to say that the only way to breach is to involve in such negative behaviors...and not a single literate person would like to do that
itni big organization aesay hi nai janay day ge they may file a suit against you , oooor they demote you, and this can spoil your CAReer
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