MCC NEET PG Counselling 2024: What is bond policy? State-wise service bond, stipend Inforamtion

 The NEET PG counselling 2024 registration process is underway for admission to postgraduate medical courses. The Medical Counselling Committee (MCC) has published the details on fee structure, stipend, bond policy, and course duration on the official website as provided by the medical and dental colleges. The committee has also advised candidates to check the bond policy and stipend details before exercising the choice facility at mcc.nic.in.

As per the MCC NEET PG counseling 2024 dates, the choice-filling facility will begin today, and the last date for submission of the application form and choice locking is September 26. The MCC conducts the NEET PG counselling process for MS, MD, MDS, and DNB admissions in 50% of all India quota (AIQ) seats in Banaras Hindu University (BHU), Aligarh Muslim University (AMU), Delhi University (DU), central universities, and 100% DNB.

“MCC has no role in the fixation of fee structure of participating colleges including deemed universities. Therefore, the MCC of DGHS will not entertain any request or complaint regarding participating colleges' fee structure, including deemed universities. The Candidates may also verify the address of the selected colleges at the time of choice-filling,” the NEET PG information bulletin read. The official website's MCC NEET PG participating college 2024 link has glitched since 6.20 pm on September 24.

There are three types of NEET PG bond policies: service bond, seat-leaving bond, and bank guarantee.

Types of NEET PG bond policy

A NEET PG service bond is a contract between the student and the state government to render medical services in rural, tribal areas in the same state where they are pursuing the postgraduate course. The bond also involves compulsory rural service for a particular duration after completing the PG medical course. Delhi, Meghalaya, Manipur, and Chandigarh have no service bond policy.

The NEET PG seat-leaving policy was introduced to reduce abrupt resignations and seat wastage. However, the NMC informed us earlier this year that PG medical seats increased by 127% from 31,185 before 2014 to 70,674. It also said that 247 PG medical seats remained vacant last year.

There was a significant drop in vacant seats compared to 2022, when 64,059 postgraduate medical seats still needed to be filled. Last year, during the round 3 counselling process, the Union health ministry reduced the NEET PG cut-off percentile to zero to fill vacant seats. The MCC conducts a total of four rounds of AIQ counselling.

State-wise bond for NEET PG also includes submission of bank guarantee issued from nationalised banks stating that the student has made a fixed deposit. This amount is locked as security money until the graduate completes their course.

State-wise NEET PG bond policy

NEET PG 2024: Central University-wise bond policy