Clarification on termination and resignation policies of govt

Recruited as PO posted to Punjab by IOB, where I worked for 8 months & got ill many times. I raised a request to be transfered to Delhi, giving all doctor's recommendations in writing. For seven months, staying in Delhi. In the meantime, I cleared SSC exam and am likely to join as AAO in Govt of India. I received 3 letters from IOB rejecting all my applications & advising me to join services in Punjab, to which I promptly replied with my condition. I've today received a termination letter from them, giving me one month notice & asking for one lakh bond amount. I don't have a problem with paying bond amount, but my family is financially weak. Also, it seems from their letter that even if I pay Rs one Lakh, they'll still count it as termination and NOT as my resignation. ARE TERMINATION & RESIGNATION THE SAME IN EYES OF SSC/CENTRAL GOVERNMENT ? If this termination is proceeded as they like, is there even 1% chance that will it affect my recruitment at SSC ? I can't take even 1% chance.