Haryana MBBS bond policy amounts to Rs 10 Lakhs
The Haryana State government has finally announced the amount of Rs 10 Lakhs as bond policy amount and the students are required to pay the amount from the beginning of their academic session till the completion of their MBBS course which has a duration period of about 4.5 years.
For the home university students or the students who are residents of Haryana , the State Authorities has informed about the Customized Education Loan Scheme and the IDBI bank offer of loan interest of 6.9 P.A. And also the authorities has asked other banks too to reduce the loan interest rates .
This bond policy was brought up in the year 2020, from that time it has been in a hot topic , Medical conversations stated that there would be a new fees structure for the Haryana Government Medical college , and about the bond of the students in government colleges to compulsorily serve in government services as per rules under this bond.
Then the new fees was introduced which was Rs 80000 per year which was 10 % more than previous years fees and this new policy rules were also published that students have to pay a bond amount of Rs 10 Lakhs and this amount can be paid from the beginning of academic year till the completion of course , Students can pay this amount by taking loan or in any way they are comfortable into and if the students at last serves in the Government sector his loan would be waved and if not then they themselves will be responsible for it.
Although students who have kept it fixed in their mind that they will be working in government sector they can proceed by paying Rs 80,000 as fees and others who are sure that they don’t want to work in government sector have to pay Rs 10 Lakhs.
The bond policy is not applicable for NRI students.
Detailed information about bond policy:
The students have two options with them ,
Option(a)- The students can either pay this bond amount by taking loan from the banks suggested by the Government of Haryana Authorities.
Option(b)- Paying the full fees by themselves only without taking help from the loan offers.
Important terms and conditions:
If students after graduation go into the government organization and serve as government servants then the state government will have to pay the bond amount till the time students is serving in government sector.
The government have to pay this amount till the time students works in the state public health sector or it can be paid till the time the loan is repaid .
In case student is not ready to work in government sector then the loan amount can be repaid in installment by the student itself , no government authorities are responsible in such case.
The government has already suggested the banks who are providing the loan at a low interest and students can take loan help from these banks for the bond policy amount.
The candidates registration on the Haryana State Medical council is very important and candidates need to do complete registration before joining the Government sector.
The state authorities will issue other notice for the students willing to pursue PG after graduation and all related information to their loan repayment and everything .
If student serves for say z years and z<7 years them the government will not pay the remaining amount after the students leaves the job.
In case the student has opted for the first option (a) the students can change their opinion any time in between and they can go for the second option (b) , no restriction on the selection of payment option.
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