An employment agreement is the written record of the terms agreed between a company and an employee. In India, the company commonly issues an appointment letter setting out those terms; there may also be a separate agreement or policy documents to sign. The Ministry of Labor's current guidance says appointment letters are to be issued to employees.
Company prepares the terms: HR confirms the role, joining date, work location, CTC and reporting manager.
Company sends the letter: The employee receives the appointment letter or agreement before or during joining.
Questions or changes are resolved: If a term differs from what was discussed, ask HR to correct it in writing before signing.
Both sides accept: An authorized company representative signs or issues the document, and the employee signs or accepts it through the company’s process.
Copies are kept: The company stores a copy in its HR records, and the employee should receive a copy too. HR then completes onboarding, such as payroll and employee ID setup.

Agreement letter is the bond with the employee that employee will follow all the rules and policy of the company will not break the rules and guidelines of the company with special price at a INR 169550 (refundable amount)