Relationship between Lock in period and notice period Relationship between Lock in period and notice period

4 years ago

What is the relationship between lock in period and notice period? How to deal with lock in period and notice period? Explanation with example?

Shreyash Mohta

Responded 4 years ago

A.lock in period is for time deposits. eg: loans, FD etc. wherein your money cannot be taken out for a certain period of time. Also like Bonds and debentures.

Notice period is the period of service wherein you need to serve a stipulated time period in a company or an organisation before completely resigning from your post.
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Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
You have to share the relevant documents and this platform is not meant to submit explanations with examples.
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