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Start preparing now and put down your paper after getting the bonus. Anyway you are not in 12 lakh bracket so your bonus will be tax free. So its close to your 1 month salary
You should immediately check for other opportunities.
Not Promoted:
T&T
Con
5 YOE
CTC 10.5 -> 11.05 only 5%
Bonus 45k only 4.2%