Thanks Chazza. My scnerio is different because I am Aussie Citizen, looking at the above link and other sources on google, it appears the ones who are temporary in the country can claim it back while leaving.
Anyways, i can still claim it at retirement or there must be a way . I will call them up and find out.
Other than that , I have applied for my police clearance from Australia and India yesterday. Once I get those and supply them to immigration, should get MR (as per there letter).
Can anyone tell me how long does it take to get Indian Police Clearance? Bit worried about it, looking at the time on there website.They are saying it may take upto 2 months?