Many banks ask newly joined Probationary Officers to sign a service bond. The bond commits you to serve the bank for a fixed number of years after joining. If you resign before the bond period ends, you must pay the ...
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Participating banks under IBPS may require newly appointed Probationary Officers to serve a minimum bond period. The exact bond duration and the bond amount are fixed by each bank and stated in its offer letter or official notification. Leaving before ...