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MCC Release Bond Policy, Stipend for Neet PG Counseling 2024

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MCC  Release Bond Policy, Stipend for Neet PG Counseling 2024
Editor: Bodmas Research Published: 17 Jan 2025 Updated: 29 Oct 2026

MCC  Release Bond Policy, Stipend for Neet PG Counseling 2024

NEW DELHI: Registration for NEET PG counselling 2024 is currently ongoing for enrollment in postgraduate medical programs. The MCC has released information on fee structure, stipend, bond policy, and course duration on the official website, as shared by medical and dental colleges. The committee has also recommended that candidates review the bond policy and stipend details before utilizing the choice facility at mcc.nic.in.

According to the MCC NEET PG counselling 2024 schedule, the process of filling choices will start today and the deadline for submitting the application form and locking choices is September 26. The NEET PG counselling process for MS, MD, MDS, DNB admissions in 50% AIQ seats in BHU, AMU, DU, central universities, and 100% DNB is carried out by the MCC.

MCC does not determine the fee structure for participating colleges, including deemed universities. Thus, the Medical Counseling Committee of the Directorate General of Health Services will not consider any appeals or grievances concerning the fee arrangement of affiliated colleges, including deemed universities. The chosen colleges' addresses can also be confirmed by the Candidates during the choice-filling process, as stated in the NEET PG information bulletin. The link for MCC NEET PG participating college 2024 on the official website has been experiencing technical issues since 6.20 pm on September 24.

Varieties of NEET PG bond regulations

A NEET PG service bond is an agreement between the student and the state government to provide medical services in rural, tribal areas within the state where they are studying for their postgraduate degree. The agreement also includes mandatory rural service for a specific period following the PG medical program. There is no service bond policy in place in Delhi, Meghalaya, Manipur and Chandigarh.

The purpose of implementing the NEET PG seat leaving policy was to decrease sudden resignations and prevent seat wastage. Nevertheless, the NMC announced earlier this year that there was a rise of 127 PG medical seats, from 31,185 before 2014 to 70,674. It was also reported that there were 247 vacant PG medical seats last year.

In contrast to 2022, when 64,059 postgraduate medical seats went unfilled, there was a notable decrease in vacant seats. Last year, the Union health ministry lowered the NEET PG cut-off percentile to zero in order to fill vacant seats during the round 3 counselling process. There are a total of four rounds of AIQ counselling conducted by the MCC.

State-wise bond for NEET PG requires a bank guarantee from nationalised banks confirming the student's fixed deposit. This sum is held as a deposit until the student finishes their program. 

States Bond penalty amount 
Maharashtra 40 Lac
Dadra Nagar Haveli, Daman and Diu 10 Lac
Gujarat 40 Lac
Punjab 10 Lac
Andhra Pradesh 40 Lac
Kerala 50 Lac
Goa 50 Lac
Telangana20 Lac
Madhya Pradesh10 Lac

NEET PG 2024: Central University-wise bond policy and Stipend 

College Name Service Bond Stipend 
Jawaharlal Nehru Medical College,Aligarh Muslim University, Uttar PradeshRs 8 lacFirst year - Rs 1,26,927
Second year - Rs 1,30,446
Third year - Rs 1,33,965 
Institute of Human Behaviour and Allied Sciences, Dilshad Garden, Rs 10 lac

First year - Rs 1,11,000

Second year - Rs 1,15,000

Third year - Rs 1,19,000

Institute of Medical Sciences, Banaras Hindu University (BHU), Uttar Pradesh Rs 5 lac

First year - Rs 91,952

Second year - Rs 94,611

Third year - Rs 97,270

PGIMER, Dr RML Hospital, ABVIMS, Delhi (NCT) Rs 10 lac

First year - Rs 1,20,965

Second year - Rs 1,24,321

Third year - Rs 1,27,677

Institute of Nuclear Medicine and Allied Sciences, Delhi (NCT) Rs 10 lac

First year - Rs 1,11,000

Second year - Rs 1,15,000

Third year - Rs 1,19,000

Vallabhbhai Patel Chest Institute, Delhi Rs 10 lac

First year - Rs 60,962

Second year - Rs 62,593

Third year - Rs 64,274

University College of Medical Sciences, Delhi (NCT) 

 

Rs 10 lac

First year - Rs 1,27,677

Second year - Rs 1,32,180

Third year - Rs 1,35,750

Vardhman Mahavir Medical College, New Delhi Rs 3 Lac

First year - Rs 1,20,965

Second year - Rs 1,24,321

Third year - Rs 1,27,677

The National Institute of Health and Family Welfare Not available 

First year - Rs 56,100

Second year - Rs 57,800

Third year - Rs 59,500

Maulana Azad Medical College, Delhi Rs 10 lacFirst year - Rs 1,26,927
Second year - Rs 1,30,446
Third year - Rs 1,33,965 
Lady Hardinge Medical College Delhi (NCT) Rs 10 lac

First year - Rs 56,100

Second year - Rs 57,800

Third year - Rs 59,500

Kasturba Hospital, Daryaganj, Delhi Not available 

First year - Rs 74,138

Second year - Rs 76,147

Third year - Rs 78,218

GB Pant Institute of Post Graduate Medical Education and Research, Delhi (NCT)Rs 10 lac First year - Rs 1,26,927
Second year - Rs 1,30,446
Third year - Rs 1,33,965 
ESI-Post Graduate Institute of Medical Sciences And Research, BasaiDarapur, New DelhiRs 10 lac 

First year - Rs 1,15,000

Second year - Rs 1,18,000

Third year - Rs 1,21,000

Bodmas education pvt. Ltd provide all detailed updates about NEET PG Programs and Counseling also.   

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Khushboo is a content writer at Bodmas Education. She holds a degree in Journalism and Mass Communication from GGSIPU. Specializing in education-related content, she covers updates and writes articles on exams like NEET UG, NEET PG, MBA, and Law, providing valuable insights for students.

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