Dena Bank PO Bond - 2017 2018 Student Forum
 

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  #1  
Old 16th June 2015, 03:54 PM
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Default Dena Bank PO Bond

Will you please tell how much amount a candidate who join PO post at Dena Bank have to pay if he/she break the bond ?
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  #2  
Old 16th June 2015, 04:49 PM
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Default Re: Dena Bank PO Bond

At Dena bank for PO post Probation period is 2 years and Bond Duration of 3 Year . If candidate break the bond he/she have to pay bond amount of Rs 1,50,000.

Probation period :

During this period candidate learn the function of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc.

Bond:
It is written and signed promise to pay a certain sum of money if candidate do not fulfilled the terms and condition of the company.

List of some other banks which have Probation of 2 years and Bond Duration of 3 Years:

Allahabad Bank
Andhra Bank
Bank of India
Indian Overseas Bank
Punjab & Sind Bank
Union Bank of India
United Bank of India
Vijay Bank
Punjab National Bank

List of Banks which have Probation of 2 years and Bond Duration of 2 Years

Indian Bank
Canara Bank
Syndicate Bank
UCO Bank
Bank of Maharashtra
Corporation Bank
Central Bank of India
Oriental Bank of Commerce
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  #3  
Old 8th December 2015, 01:09 PM
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Default Re: Dena Bank PO Bond

Hii sir, please tell me about the bond Duration and the amount of the Dena bank PO post ?
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  #4  
Old 8th December 2015, 01:10 PM
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Default Re: Dena Bank PO Bond

As you asking for the Bond Amount and the bond duration of the Dena bank of the post of the PO let me tell you that
A Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The POs have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc.


Bond As Agrement:
The bond or Agrement means that the You have to work in the bank till your bond duration period (includes probation) & if you choose to quit the job within this period – the earlier agreed amount must be paid before leaving

The bond duration of the Dena bank According to me is 3 year and the bond amount is 1,50000rs


List of Banks which have Probation of 2 years and Bond Duration of 3 Years

Allahabad Bank 2yrs 3 yrs Rs. 1,00,000
Andhra Bank 2 yrs 3 yrs Rs. 2,00,000
Bank of India 2 yrs

Indian Overseas Bank 2 yrs 3 yrs Rs. 1,00,000
Punjab & Sind Bank 2 yrs 3 yrs Rs. 50,000
Dena Bank 2 yrs 3 yrs Rs 1,50,000
Union Bank of India 2 yrs 3 yrs Rs. 2,00,000
United Bank of India 2 yrs 3 yrs Rs. 1,00,000
Vijay Bank 2 yrs 3 yrs Rs. 2,00,000
Punjab National Bank Na 3 yrs Rs. 2,00,000
List of Banks which have Probation of 2 years and Bond Duration of 2 Years

Indian Bank 2 yrs 2 yrs Rs. 1, 00,000
Canara Bank 2 yrs 2 yrs 25,000
Syndicate Bank 2 yrs 2 yrs Rs. 1,00,000
UCO Bank 2 yrs 2 yrs Rs. 2,00,000
Bank of Maharashtra 1yr 2 yr Rs. 1,00,000
Corporation Bank 2 yrs 2 yrs Rs. 50,000
Central Bank of India 2 yrs
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