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ALL YOU WANT TO KNOW ABOUT BOND AGREEMENT 
PRIVATE

BOND AGREEMENT

Bond 1
Parents/Guardians of those students who are finally selected for admission will be required to execute an agreement bond prior to the admission of their sons/wards. Proforma of this agreement will be forwarded to them along with the call up letter for admission.

Bond 2
Before applying for admission, parents are advised to get a thorough medical examination of their wards to ensure that they are free from such constitutional defects which may render them unfit for the Armed Forces. If such defects are noticed and physical development of the boy appears to be subnormal in the opinion of the Medical Board, the Principal reserves the right to reject the admission of the boy.

Bond 3
If a boy is declared medically unfit the fact will be intimated to the parents along with the cause of rejection. Parents may prefer an appeal if they so desire, to the Principal within 15 days from the date of receipt of the letter intimating the medical unfitness of their wards. The appeal should be accompanied by a medical report from a Government specialist Medical Officer concerning the disease/defect. Such Medical Officer should mention in his report that he has perused the Sainik School letter intimating the cause for rejection by the Medical Board and that he has further examined the candidate and finds him fit. A Medical Review Fee of RS.100/- through Bank draft at SBI lmphal in favour of the Principal, Sainik School, Imphal should also be remitted by the parent along with the appeal to the school.

Bond 4
The Principal will decide with reference to the evidence produced before him, whether the case calls for a review medical board. If the Principal is satisfied, he will arrange for a review Medical Board for re-examination of the candidate. The parent should produce the boy before the Review Medical Board at the designated place at his own expense. If the board finds the boy fit for admission, his name will be included in the panel for admission in the order of merit, the Medical Review Fee shall be refunded. 

PAYMENTOF FEE

The school fee may be deposited either in one lump-sum or be paid in two instalments. Those paying fee in instalment will pay 70% of the total amount at the beginning and the balance amount plus 5% of the 2nd instalment to be paid by December.

INDIVIDUAL BILLING

The School follows a SIX MONTHLY BILLING SYSTEM as part of which a STATEMENT OF ACCOUNT is issued to parents twice a year, in May and December. The statement of account shall reflect all refunds/recoveries due to the parents. The parents are required to pay the dues as per the statement of account by the 15th of June and 15th December every year. While the statement of account issued in May would comprise payments to be made for the entire academic year in advance, the statement of account issued in the month of December would generally include minor recoveries/refunds or the payment of 2nd instalment.

NONPAYMENTOF FEE

The onus and responsibility of paying the Fee by due date as mentioned herein, lies with the parents. Ignorance or non-receipt of intimation letter in this regard will not be considered as an excuse. Please refer to para46 (b) of this Prospectus for further details.

MODE OF PAYMENT

All payments to the school should be sent/deposited by Crossed Demand Draft payable to PRINCIPAL SAINIK SCHOOL - IMPHAL at State Bank of India, Imphal or Manipur Rural Bank - Pangei. The Name and Adm. Number of the students should be written on the reverse of the draft. CASH IS NOT ACCEPTED UNDER ANY CIRCUMSTANCES.

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