Seeking advice on employment bond

Hello everyone,

I'm reaching out for advice on a challenging situation I'm facing regarding my employment bond. Here's what happened:

During my college placement, I was selected by a company for a developer role with a promised CTC of 3 LPA. Two days later, I was called to their office where the HR informed me that the CTC was "up to" 3 LPA, not exactly 3 LPA. Despite this, I accepted the offer and signed a bond for two years (including a six-month internship), also providing a cheque for 1 Lac as a security deposit.

Now, as my internship is nearing completion, there's a final review meeting scheduled where they will restructure the CTC. During my internship, I learned from existing employees that the company is notorious for poor salary growth and minimal hikes. I feel trapped by the "up to" scheme and am worried about my future with this company.

I'm seeking advice on how to navigate this situation and, if possible, save my 1 Lac cheque. Any suggestions or insights would be greatly appreciated.

Thank you in advance for your help!