What are the bonds for PG Medical Students? NEET PG state wise bonds

The medical PG bond is applicable during admission to MD/ MS seat through either MCC PG Counselling or the State PG Medical Counselling process. The bond format and terms & Conditions are defined by State Government's Health Department in the case of Government Medical College and by Institute Management in the case of Deemed University Management Quota. 

How many types of Medical PG Bonds are there? (MD/ MS Bond)

1. Service Bond: The candidate needs to serve as a senior resident doctor after finishing the PG course. In case of Government Medical College, the state health department allot the hospital and department to all the candidates that clear their residency. In Deemed University’s case, most of the time the candidate is required to serve at the Institute's hospital. The Government Medical College service bond also includes a bond amount, in case the candidate wishes not to serve, he/she needs to pay the agreed amount to the Government to get his/her post-graduate qualification certificate.
2. Discontinue Penalty Bond: It applies to students who leave their course midway before completing the tenure. Usually, it includes a financial penalty amount. These kinds of bonds are included in all types of seat quotas and categories across different categories of institutes like State Government, Central Government, Deemed Universities, and Private Medical Colleges. Such bonds may have a clause of paying all the stipend amounts that were received during the course.
3. Bank Guarantee: Some State Governments ask for a particular amount of bank guarantee at the time of MD/ MS admission confirmation. The bank guarantee is issued by Nationalised Banks, they provide a document/ letter stating that the account holder has such amount as a Fixed Deposit against the course admission. This means the fixed deposit will be frozen till the student completes his/her course and fulfils the bond terms.

Do DNB seats have bonds?

Usually NOT except some State Government Hospitals recognized for DNB Courses have included the Service Bond as per the rules decided by the state health department. For example, Karnataka state.

State-wise MD/ MS Bond in Medical PG (Government Medical Colleges)

NOTE: The bond details are as per the NEET-PG counselling year 2021 & 2022. It is only for reference, viewers are advised to confirm and verify the final amount with respected government authority. 

1. MAHARASHTRA: ₹40 Lakh for ONE-year service bond
2. RAJASTHAN: ₹25 Lakh for TWO years service bond; Discontinue Penalty Bond is ₹5 Lakh
3. GUJARAT: ₹40 Lakh for ONE Year service bond with ₹10 Lakh bank guarantee
4. MADHYA PRADESH: ₹10 Lakh for ONE Year service bond; Reserved candidate ₹5 lakh; Discontinue Penalty Bond is ₹30 Lakh
5. UTTAR PRADESH: ₹40 Lakh in MD/MS and ₹20 Lakh in Diploma course for TWO years service bond
6. UTTARAKHAND: ₹2.5 Crore for TWO Years service bond; Discontinue Penalty Bond is ₹2.5 Crore
7. JHARKHAND: ₹30 Lakh for THREE years service bond; Discontinue Penalty bond is ₹20 Lakh
8. PUNJAB: ₹10 Lakh for ONE Year service bond
9. HARYANA: Discontinue Penalty bond is ₹10 Lakh; No service after completion
10. TAMIL NADU: ₹40 Lakh for MD/MS and Diploma course ₹20 Lakh for TWO years service bond
11. PUDUCHHERY: ₹10 Lakh for THREE Years service bond
12. KARNATAKA: Compulsory Rural Service bond of ONE Year and additional Service bond ₹50 Lakh for THREE years service after course completion; Discontinue Penalty Bond is ₹5 Lakh
13. ANDHRA PRADESH: Discontinue Penalty Bond is ₹3.54 Lakh + Payment of total Stipend Received
14. TELANGANA: ₹20 Lakh in MD/MS and ₹10 Lakh in Diploma course for ONE year service; Discontinue Penalty Bond is ₹50 Lakh
15. BIHAR: ₹25 Lakh for THREE Years service bond; Discontinue Penalty Bond is ₹15 Lakh & Stipend received.
16. KERALA: ₹50 Lakh for ONE Year service bond
17. GOA: ₹50 Lakh in MD/MS/Diploma for ONE-year service bond; Discontinue Penalty Bond is ₹50 lakh; Bank guarantee for MD/MS is ₹10 lakh and for Diploma ₹7 Lakh.
18. WEST BENGAL: ₹30 Lakh in MD/MS/Diploma for THREE years service bond; Discontinue Penalty Bond is ₹5 Lakh
19. HIMACHAL PRADESH: ₹40 Lakh for TWO Years service bond
20. ASSAM: ₹20 Lakh for TEN Years service bond
21. ODISHA: Service Bond is TWO years of service against the Double Amount of Stipend Received for 3 years; Discontinue Penalty Bond is ₹10 Lakh + Stipend received.
22. DELHI: Discontinue Penalty Bond is ₹10 Lakh; NO service bond.
23. JAMMU & KASHMIR: Discontinue Penalty Bond is ₹25 Lakh
24. MEGHALAYA: Discontinue Penalty Bond of ₹10 Lakh in the First year, ₹15 Lakh in the Second year and ₹20 Lakh Third year of the MD/MS course.
25. ARUNACHAL PRADESH: ₹1 Crore for TWO years service bond; Discontinue penalty bond is ₹30 Lakh.
26. TRIPURA: Discontinue penalty bond is ₹30 Lakh.
27. DADRA NAGAR HAVELI, DIV & DAMAN: ₹10 Lakh for ONE Year service bond; Discontinue Penalty Bond is ₹10 Lakh

Other Institute-specific PG bonds:

1. Banaras Hind University (BHU): NO Service bond; Discontinue Penalty bond is ₹5 lakh
2. Aligarh Muslim University (AMU): Discontinue Penalty bond is ₹8 lakh
3. ESI-PGIMER New Delhi: ₹10 Lakh for TWO Years service bond in ESI Hospitals across India; Bank Guarantee ₹10 lakh

What is the stipend that I receive during my Residency for MD/MS?

The stipend that you receive during your MD/MS course depends on the state in which you are pursuing your residency. For example, the stipend for first-year residents in Karnataka State Government ranges around ₹45,000/- for the second year ₹50,000/- and for the third year ₹55,000/-  while in Gujarat State Government it sits at around ₹84,000/-, 85,400/- & 87,500/-. Generally, the stipend ranges between 40,000/- to 85,000/- depending upon the state and institution.

Where Can I get details and a list of colleges to find the best match for me?

Docthub is a healthcare career upgrade platform where you can find a list of all the institutes and filter according to your preferences to know about the institutes in a detailed format. 

FAQs
 

1. What is the bond for medical PG in India?

MBBS Graduates are required to sign a bond at the time of their admission in MD, MS. The duration of these bonds and the amount may vary depending on the state.

2. Which states have bonds after MBBS?

Many states have bonds after MBBS, you must check the guidelines with the respective states to understand what is the duration and the penalty associated with it.

3. What is the bond in PG?

Bond in PG is the duration that you need to serve compulsorily once you finish your residency studies. If you do not wish to serve under the state authority then you need to pay a required sum to obtain your certification.

4. Which states are bond free in India?

At present Delhi, Manipur, &  Haryana do not have any bonds linked with NEET PG but do check with your institute first at the time of your admission.

5. What are the three types of bonds?

The three types of Bonds are service bond, penalty bond and bank guarantee.