How to use the Bond Break Cost Calculator
- 1. Enter the agreementAmount and length from your offer letter.
- 2. Add months servedCount the months you have worked so far.
- 3. See the costGet the estimated amount and the cost per remaining month.
What a service agreement or bond is
Many IT companies ask freshers to sign a service agreement. It says that if you leave before a set period, often 12 to 24 months, you pay an amount back. Some agreements reduce the amount for every month you stay (pro-rata), and some ask for the full amount whenever you leave.
Example: a ₹1,00,000 agreement for 24 months, pro-rata, after 9 months of work leaves 15 months, so 15 ÷ 24 × ₹1,00,000 = ₹62,500.
Before you resign
Read the clause in your offer letter and agreement. Check whether the amount reduces each month, whether training costs or notice-period pay are added, and whether the company can hold original documents. Ask HR for the exact figure in writing. If an agreement looks unfair, get advice before you pay.
Many students compare the bond cost with the raise a new offer gives. If the new salary pays the bond back in a few months, leaving can still make sense. Use the job offer comparison calculator for that.
Questions to ask HR
Ask whether the amount reduces each month, whether it includes training costs already spent, how notice-period pay is settled, and when your relieving letter and experience letter will be issued after payment. Get each answer by email so you have a record.
Frequently asked questions
Is a job bond legal in India?
Agreements that recover a reasonable training cost are generally enforced; very harsh terms can be challenged. Read your clause and seek advice if unsure.
What does pro-rata mean?
The amount falls in proportion to the months you have served, so it gets smaller each month.
Is this calculator free?
Yes. It asks for your name and WhatsApp number once, at result time, and other Uncodemy tools then open without the form.