Summary of this article
Canceling an apartment booking in India whether before or after the agreement is a decision that comes with significant legal and financial implications. Typically, developers deduct a cancellation fee (usually around 10% of the booking amount) before refunding the rest.
Under RERA, buyers are entitled to a refund within 45 days, and fees can be capped as low as 2% of the property's cost.
Decisions should be driven by careful review of the booking or sale agreement, documentation of all communications, and an understanding that taxes like stamp duty and GST may have different refund eligibility.
If the developer fails to comply, buyers can seek recourse through RERA, consumer forums, or court .
Would you like a sample cancellation letter or a checklist for tracking deadline
Bank of Baroda (BoB) has issued an advertisement for recruitment of 417 regular posts for its Retail Liabilities and Rural & Agricultural Banking department. The online application process began on August 6, 2025 and will close on August 26.
The bank is seeking professionals for roles in sales and financial services, particularly in liability and agricultural lending. Vacancies have been spread across two important verticals: 227 roles for Manager – Sales under the Retail Liabilities, and 190 roles under Rural & Agri Banking, among them Officer – Agriculture Sales and Manager – Agriculture Sales.
Who Can Apply for Bank of Baroda's Latest Recruitment?
Applicants between the age of 24 and 42 years with requisite academic qualifications and post-qualification experience, may apply.
For retail sales, candidates should be graduates / preferably MBA/PGDM in marketing, sales or banking with three or more years of experience in sales of liability products within the banking or financial services sector.
For agriculture sales candidates need to have undergone four-year education in agriculture or allied fields such as bio-technology, sericulture & agri-marketing and cooperation and should have an additional postgraduate diploma in marketing or rural management along with a minimum of one year of agri-sales experience. Managers in the domain need to have an additional three years experience in banking and financial services industry along with this same qualification.
Also, candidates need to be Indian nationals, or be eligible Government of India certificate holders of certain other foreign nationalities.
How Many Vacancies Are Available and Where?
There are 227 positions for Manager – Sales across India, and 190 for Agri-banking posts (including 142 for officers, 48 for managers) in rural-centric branches to
The hiring process will follow the Government of India norms with respect to reservation across the categories.
What Is the Selection Process?
The selection process will involve a two-stage evaluation, an online test followed by a Group Discussion (GD) or Personal Interview (PI). The online examination will test candidates in reasoning, English, quantitative aptitude, and professional knowledge, totalling 150 questions and 225 marks. Final selection will consider cumulative performance. A minimum of 60 per cent (General) and 55 per cent (Reserved) is needed in the GD/PI phase.
What Is the Salary and Career Path?
Remuneration will follow the industry-standard pay scale:
JMG/S-I (Officer level): Rs 48,480 – Rs 85,920
MMG/S-II (Manager level): Rs 64,820 – Rs 93,960
Selected candidates will undergo a 12-month probation and are required to execute a three-year service bond, failing which a penalty of Rs 5 lakh will be levied.
BoB has made it clear that candidates should be willing to serve anywhere in India.
Are There Any Restrictions or Disqualifications?
Candidates should have a minimum Cibil score of 680. Low-income people with a poor credit record or who have failed to meet payments will be excluded.
Also, candidates applying to more than one position are forbidden and will result in disqualification; the only valid application will be retained.
Application Fee and the Signing-Up Process
Application fees are set at:
Rs 850 (plus taxes and payment charges) for General, OBC, and EWS
Rs 175 (plus charges) for SC, ST, PwD, ESM/DESM, and Women candidates
Applicants must submit their forms online at the Bank of Baroda’s career page along with scanned copies of photograph, signature, resume, all educational qualification certificates, and experience proof certificates. Category endorsement must be uploaded as per technical specifications given in the annexure.
Shortlisted candidature who are called for the interview must carry:
Printed copy of online application
Proof of Photo identity ( PAN, Passport, Aadhar)
Original & photostat copy of Educational and Experience certificates
Caste/Category/Disability certificate (if applicable)
Current employer NOC (only for Govt/PSUs)
