What is Bond of rural service?

If doctors want to take up higher studies, then they must submit a bond for Rs 30 lakh to Rs 50 lakh, stating their willingness to serve later. Karnataka is the only state where private, management and NRI quota candidates are required to do the mandatory rural service.

Is there any bond in Punjab medical college?

of Punjab. f) All in service doctors shall have to submit a bond of Rs 50 lakhs to serve the Punjab Government for a period of 10 years after completion of Post Graduate degree course or bond of Rs 25 lakhs to serve the Punjab Government for a period of 6 years after completion of Post Graduate diploma course.

Does Delhi medical colleges have bond?

Admission Bond For ESI, New Delhi: MEDICAL BOND: The student has, therefore, agreed to be loyal to pay a sum of Rs 5.0 lakhs (FIVE LAC) to the college in the following circumstances; 1. If the student does not join the course at the allotted Institution on or before the stipulated date for subsequent counselling.

Is there any bond in aiims MBBS?

Answer. AIIMS doesn’t have bonds. You can work in AIIMS if you’re selected or any other hospital of your choice.

What are bond fees?

On average, the cost for a surety bond falls somewhere between 1\% and 15\% of the bond amount. That means you may be charged between $100 and $1,500 to buy a $10,000 bond policy. Most premium amounts are based on your application and credit health, but there are some bond policies that are written freely.

Do private medical colleges have bonds?

Any Candidate who has secured a seat in GMCs in All India Quota or Government seat in Private Medical Colleges has to serve in Rural areas or Government Service. ESI Colleges, Tamilnadu, West Bengal, UP, Rajasthan, MP, Maharashtra, Karnataka, Kerala, Delhi, Chattisgarh are few States which have service bond.

Why is there a rural service bond for MBBS in up?

Due to lack of docs in govt sector..In compliance with NMC bill UP govt has decided 2 yrs complusory rural service bond. Acc to this bond student admitted in govt college for MBBS /BDS courses.. have to sign a bond of 10 lacs. If they fail to give service they have to submit the bond money.

Which states in India have rural service bonds?

Apart from these all other states have some kind of rural service bonds varying from one year to five years – Rajasthan, Gujarat, MP, Maharashtra , Goa, Karnataka, Chhattisgarh, Uttarakhand, Andaman & Nicobar. For bond money and years of service please refer the given link.

How do I find the duration of a rural service bond?

If there is an option of show bond then open it and you’ll find the duration of the bond mostly 1–3 yrs depending upon the state as in MP there is 1 yr bond, Raj 2 yrs bond…. Before choice filling keep in mind about the rural service bond.

Which medical colleges in India do not have service bonds attached?

Central institutes like AIIMS,JIPMER, IMS-BHU, AMU etc. have no service bonds attached. Refer to site : AIPMEEE Under the tab ‘Participating institutions’, you will get all bond related information you need for each and every medical college via neet ug all india quota.