Kaagazaat

Training Bond

At a glance

Price: Free, always.
Stamp duty: A bond or agreement for payment of money is an instrument the Indian Stamp Act, 1899 can charge.
Registration: Not compulsorily registrable: it creates no interest in immovable property.
Witnesses: Two adult witnesses are good practice and are provided for below; they sign after the parties.

Free

Free, always.

Free: up to 5 documents a day.

Guided questions, full draft on screen, download in Word.

See all prices

Also called

Service Bond
Employment Bond
Training Cost Recovery Agreement
Minimum Service Agreement
Bond Agreement for Training
Training Agreement
Service Agreement after Training
ਸਿਖਲਾਈ ਬਾਂਡ

When you need it

An employer in Punjab or Chandigarh is paying for an employee's training — a course, a certification, a posting abroad for training or a specialist programme — and wants the employee to stay for a minimum period afterwards, or repay a fair part of the cost if the employee leaves sooner. Courts look closely at such bonds.

A bond is more likely to be enforced when the employer has really spent money on the employee's training, the amount to be repaid is no more than what was spent, it falls as time passes, and the minimum period is reasonable. A large fixed sum as a penalty, a bond that holds back the employee's salary or original certificates, or a bond on ordinary on-the-job training is likely to be struck down. This form is drafted on that footing: the employee repays only the unrecovered actual cost, reducing month by month. Not the Non-Compete/Confidentiality Agreement, which restricts what an employee may do after leaving; a restraint on working elsewhere after leaving is generally not enforceable. Not for a simple loan to the employee — see the Employee Loan Agreement.

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

Fill this one in

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

A bond or agreement for payment of money is an instrument the Indian Stamp Act, 1899 can charge. Print it on non-judicial stamp paper (or e-stamp) of the value that the stamp office in Punjab or Chandigarh requires for a bond or agreement of this kind, bought in the name of the Employer or the Employee. Ask the stamp vendor or the Collector's office what applies to the amount and kind of instrument.

Registration

Not compulsorily registrable: it creates no interest in immovable property.

Notarisation

Not compulsory. Notarising is common practice and helps prove who signed and when.

Witnesses

Two adult witnesses are good practice and are provided for below; they sign after the parties.

Request Stamp Paper

Sample preview — placeholder answers, not your data

KAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASEDKAAGAZAAT SAMPLE — NOT PURCHASED

TRAINING BOND

This Bond is made at S.A.S. Nagar (Mohali) on 1 April 2026 between:

Northline Analytics Private Limited, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Anita Verma, Head of Human Resources (the Employer); and

Rajesh Bansal, son/daughter/wife of Mohan Lal Bansal, residing at House No. 214, Sector 15-A, Chandigarh 160015, employed as Network Engineer (the Employee).

1. THE TRAINING. The Employer will send the Employee for the following training, at the Employer's cost: A six-week certification programme in industrial network security run by an external institute at Pune, including fees, travel and lodging. The training runs 1 November 2026 to 12 December 2026. The Employer will actually pay ₹1,20,000 (Rupees One Lakh Twenty Thousand only) for it, and will give the Employee proof of what it paid on request.

2. MINIMUM SERVICE. In return for this investment, the Employee agrees to serve the Employer for at least 12 months after the training ends (the Minimum Period).

3. IF THE EMPLOYEE LEAVES EARLY. If the Employee resigns or leaves of his or her own choice, or is dismissed for proved misconduct, before the Minimum Period is over, the Employee will repay the Employer only the part of the actual training cost that remains unrecovered. That part is the training cost multiplied by the number of whole months of the Minimum Period still left, divided by the number of months in the Minimum Period. It is a refund of cost the Employer really spent. It is not a penalty, and it can never be more than the actual cost.

4. WHEN NOTHING IS PAYABLE. Nothing is repayable if the Employer ends the employment for a reason other than proved misconduct, if the Employee leaves because of ill health certified by a doctor or because the Employer has broken the terms of employment, or if the Minimum Period has been completed.

5. HOW AND WHEN TO REPAY. The Employee will repay any amount due within 30 days after the last working day. The Employer will give a written statement of how the amount has been worked out. The Employer may recover it from the dues payable to the Employee only as far as the law allows and not otherwise.

6. WHAT THE EMPLOYER WILL NOT DO. The Employer will not keep the Employee's original educational or identity documents, will not withhold salary already earned, and will not ask for any security other than this Bond.

7. TERMS OF EMPLOYMENT UNCHANGED. This Bond does not change the Employee's pay, notice period or other terms of employment. It does not restrict the Employee from working elsewhere after leaving, and it is not a non-compete.

8. DISPUTES. Any dispute will be heard in the courts at Chandigarh. The parties will first try to settle it by talking to each other.

Signed by the parties on the date written above.

Questions about this document

Does the Training Bond need stamp paper or stamp duty in Punjab and Chandigarh?

A bond or agreement for payment of money is an instrument the Indian Stamp Act, 1899 can charge.

See the full position on stamp duty, registration and witnesses

Does the Training Bond need registration in Punjab and Chandigarh?

Not compulsorily registrable: it creates no interest in immovable property.

See the full position on stamp duty, registration and witnesses

What does the Training Bond cost on Kaagazaat?

Free, always.

Does the Training Bond need witnesses?

Two adult witnesses are good practice and are provided for below; they sign after the parties.

See the full position on stamp duty, registration and witnesses

Often needed with this document

Back to Employment & HR