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Option to transfer bond from a Public sector Bank to LIC
30-Mar-2023 (In Labour & Service Law)
I have given IBPS Probationary officers exam and waiting for my interview results only on april 1st (cleared the written exam by good marks ). I came across an article saying Public Sector Banks sign a service bond of 3 years with amount of 2 lakhs. Now i've also given LIC Assistant Administrative Officers exam whose result will be coming after 3-4 months(so i dont know whether i'll be clearing or not). So i'm in a dilemma ...is there any option to transfer bond from a Public sector Bank to LIC as both are Public sector entities..Please help !
Service bonds has only been applied to the public sector banks. These bonds cannot be transferred to LIC. If such service bonds has to be made in LIC, it will be made through a fresh notifications
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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