Choosing the right postgraduate medical college involves more than just evaluating cutoffs and tuition fees. Understanding the Maharashtra PG Medical Bond and Stipend policy is equally important, as it directly impacts your financial planning and career after completing your MD/MS course. Before participating in the counselling process, every aspirant should be aware of the compulsory service bond, bond amount, discontinuation rules, and the monthly stipend offered by government and private medical colleges.
In this guide, you’ll find complete information on the Maharashtra PG Medical Bond and Stipend, including the bond policy for Government Medical Colleges, Private Medical Colleges, service obligations, discontinuation rules, and the stipend offered to postgraduate residents. Whether you’re comparing colleges or planning your postgraduate admission, this article provides all the essential details in one place to help you make an informed decision.
NEET PG Rank Predictor 2026
Enter your expected NEET PG score and instantly check your estimated All India Rank (AIR) and percentile.
Disclaimer: This rank predictor is based on previous year score-rank trends and is for estimation only. Actual NEET PG 2026 rank may vary depending on exam difficulty and competition.
Also Check Maharashtra NEET PG Medical Cut-off 2026
Maharashtra PG Medical Bond and Stipend for Government Medical Colleges
Maharashtra PG Medical Stipend for Government Medical College
| Institute | Stipend Year 1 | Stipend Year 2 | Stipend Year 3 |
|---|---|---|---|
| AIIPMR, Mumbai | ₹1,15,506 | ₹1,18,668 | ₹1,21,830 |
| BARC, Mumbai | ₹96,000 | ₹99,000 | ₹1,03,000 |
| BJMC, Pune | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Akola | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Baramati | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Chandrapur | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Gondia | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Jalgaon | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Latur | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Miraj | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Nagpur | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Nanded | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Nandurbar | ₹93,559 | ₹94,408 | ₹95,257 |
| Govt Med Coll, Chhatrapati Sambhaji Ngr | ₹93,559 | ₹94,408 | ₹95,257 |
| Grant Med Coll, Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| HBT & RN Cooper, Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| Indira Gandhi Med Coll, Nagpur | ₹93,559 | ₹94,408 | ₹95,257 |
| Lokmanya Tilak, Sion, Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| MGIMS, Wardha | ₹93,559 | ₹94,408 | ₹95,257 |
| MPGIMER, Nashik | ₹93,559 | ₹94,408 | ₹95,257 |
| PGIMS, Navi Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| Pimpri Chinchwad, Pimpri | ₹93,559 | ₹94,408 | ₹95,257 |
| Rajarshee CSM Govt MC, Kolhapur | ₹93,559 | ₹94,408 | ₹95,257 |
| Rajiv Gandhi MC & CSMH, Thane | ₹93,559 | ₹94,408 | ₹95,257 |
| Seth GS, Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| Shri VR Naik Govt, Yavatmal | ₹93,559 | ₹94,408 | ₹95,257 |
| Sri Bhausaheb, Dhule | ₹93,559 | ₹94,408 | ₹95,257 |
| SRTT, Ambajogai | ₹93,559 | ₹94,408 | ₹95,257 |
| Tata Memorial, Mumbai | ₹1,05,840 | ₹1,08,360 | ₹1,12,140 |
| Topiwala, Mumbai | ₹93,559 | ₹94,408 | ₹95,257 |
| VMMC, Solapur | ₹93,559 | ₹94,408 | ₹95,257 |
Maharashtra PG Medical Bond for Government Medical College
| Institute | Bond Years | Bond Penalty |
|---|---|---|
| AIIPMR, Mumbai | 0 | ₹0 |
| BARC, Mumbai | 1 | ₹25,00,000 |
| BJMC, Pune | 1 | ₹50,00,000 |
| Govt Med Coll, Akola | 1 | ₹50,00,000 |
| Govt Med Coll, Baramati | 1 | ₹50,00,000 |
| Govt Med Coll, Chandrapur | 1 | ₹50,00,000 |
| Govt Med Coll, Gondia | 1 | ₹50,00,000 |
| Govt Med Coll, Jalgaon | 1 | ₹50,00,000 |
| Govt Med Coll, Latur | 1 | ₹50,00,000 |
| Govt Med Coll, Miraj | 1 | ₹50,00,000 |
| Govt Med Coll, Nagpur | 1 | ₹50,00,000 |
| Govt Med Coll, Nanded | 1 | ₹50,00,000 |
| Govt Med Coll, Nandurbar | 1 | ₹50,00,000 |
| Govt Med Coll, Chhatrapati Sambhaji Ngr | 1 | ₹50,00,000 |
| Grant Med Coll, Mumbai | 1 | ₹50,00,000 |
| HBT & RN Cooper, Mumbai | 1 | ₹50,00,000 |
| Indira Gandhi Med Coll, Nagpur | 1 | ₹50,00,000 |
| Lokmanya Tilak, Sion, Mumbai | 1 | ₹50,00,000 |
| MGIMS, Wardha | 1 | ₹50,00,000 |
| MPGIMER, Nashik | 1 | ₹50,00,000 |
| PGIMS, Navi Mumbai | 1 | ₹50,00,000 |
| Pimpri Chinchwad, Pimpri | 1 | ₹50,00,000 |
| Rajarshee CSM Govt MC, Kolhapur | 1 | ₹50,00,000 |
| Rajiv Gandhi MC & CSMH, Thane | 1 | ₹50,00,000 |
| Seth GS, Mumbai | 1 | ₹50,00,000 |
| Shri VR Naik Govt, Yavatmal | 1 | ₹50,00,000 |
| Sri Bhausaheb, Dhule | 1 | ₹50,00,000 |
| SRTT, Ambajogai | 1 | ₹50,00,000 |
| Tata Memorial, Mumbai | 1 | ₹25,00,000 |
| Topiwala, Mumbai | 1 | ₹50,00,000 |
| VMMC, Solapur | 1 | ₹50,00,000 |
Seat Leaving Penalty Alert
| 🏥 Institute | ⚠️ Seat Leaving Penalty |
|---|---|
| Government College | Rs. 20 Lakhs (Rs. 10 Lakhs towards non-completion of JR and Rs. 10 Lakhs towards lapse of seat) & Debarred from State Quota for 2 years |
| AIIPMR, Mumbai | Rs. 20 Lakhs |
| BARC, Mumbai | Rs. 10 Lakhs + GST |
| Tata Memorial, Mumbai | Rs. 10 Lakhs + GST |
Maharashtra PG Medical Stipend for Private Medical College
| Institute | Stipend Year 1 | Stipend Year 2 | Stipend Year 3 |
|---|---|---|---|
| ACPM, Dhule | ₹50,000 | ₹51,000 | ₹52,000 |
| Ashwini Rural, Solapur | ₹60,000 | ₹60,000 | ₹60,000 |
| BKL Walawalkar, Ratnagiri | ₹62,000 | ₹62,000 | ₹62,000 |
| Bombay Hospital IMS, Mumbai | ₹87,000 | ₹87,000 | ₹87,000 |
| IIMSR, Jalna | ₹64,551 | ₹64,551 | ₹64,551 |
| Kashibai Navale, Pune | ₹89,698 | ₹90,489 | ₹91,279 |
| KJ Somaiyya, Mumbai | ₹64,000 | ₹64,000 | ₹64,000 |
| MIMER, Talegaon, Pune | ₹70,198 | ₹71,189 | ₹72,179 |
| MIMSR, Latur | ₹70,198 | ₹71,189 | ₹72,179 |
| NKP Salve IMS, Nagpur | ₹70,551 | ₹71,112 | ₹71,673 |
| Panjabrao Deshmukh, Amravati | ₹86,629 | ₹87,373 | ₹88,117 |
| PGI of Swasthiyog, Miraj | ₹64,500 | ₹64,500 | ₹64,500 |
| Rajendra Gode Med Coll, Amravati | ₹60,000 | ₹60,000 | ₹60,000 |
| Sajeevan Medical (ENT), Miraj | ₹52,569 | ₹52,569 | ₹52,569 |
| Sancheti Inst Of Ortho, Pune | ₹76,000 | ₹77,000 | ₹78,000 |
| SMBT IMS, Nashik | ₹71,000 | ₹72,000 | ₹73,000 |
| Tern Med Coll, Navi Mumbai | ₹51,000 | ₹51,000 | ₹51,000 |
| Ulhas Patil Med Coll, Jalgaon | ₹52,769 | ₹53,303 | ₹53,303 |
| Vasantrao Pawar, Nasik | ₹69,105 | ₹69,735 | ₹70,365 |
| Vedantaa Inst of MS, Palghar | ₹65,000 | ₹68,000 | ₹70,000 |
| Vithalrao Patil, Ahmednagar | ₹76,629 | ₹77,373 | ₹78,117 |
Maharashtra PG Medical Bond for Private Medical College
| Institute | Bond Years | Bond Penalty |
|---|---|---|
| ACPM, Dhule | 0 | ₹0 |
| Ashwini Rural, Solapur | 0 | ₹0 |
| BKL Walawalkar, Ratnagiri | 0 | ₹0 |
| Bombay Hospital IMS, Mumbai | 0 | ₹0 |
| IIMSR, Jalna | 0 | ₹0 |
| Kashibai Navale, Pune | 0 | ₹0 |
| KJ Somaiyya, Mumbai | 0 | ₹0 |
| MIMER, Talegaon, Pune | 0 | ₹0 |
| MIMSR, Latur | 0 | ₹0 |
| NKP Salve IMS, Nagpur | 0 | ₹0 |
| Panjabrao Deshmukh, Amravati | 0 | ₹0 |
| PGI of Swasthiyog, Miraj | 0 | ₹0 |
| Rajendra Gode Med Coll, Amravati | 0 | ₹0 |
| Sajeevan Medical (ENT), Miraj | 0 | ₹0 |
| Sancheti Inst Of Ortho, Pune | 0 | ₹0 |
| SMBT IMS, Nashik | 0 | ₹0 |
| Tern Med Coll, Navi Mumbai | 0 | ₹0 |
| Ulhas Patil Med Coll, Jalgaon | 0 | ₹0 |
| Vasantrao Pawar, Nasik | 0 | ₹0 |
| Vedantaa Inst of MS, Palghar | 0 | ₹0 |
| Vithalrao Patil, Ahmednagar | 0 | ₹0 |
Maharashtra NEET PG 2026 Admission – FAQs
1. Who conducts NEET PG counselling in Maharashtra?
The State Common Entrance Test Cell, Maharashtra conducts counselling for 50% state quota PG seats in government and private medical colleges.
What are the eligibility criteria for Maharashtra PG medical seats?
Must qualify NEET PG 2026
Complete MBBS from an NMC-recognized institution
Finish internship
For state quota seats, you MUST have completed MBBS from Maharashtra.
Are NRI seats available in Maharashtra PG medical colleges?Are NRI seats available in Maharashtra PG medical colleges?
Yes, several private medical colleges in Maharashtra offer NRI quota PG seats.
Can non-domicile candidates apply for PG seats in Maharashtra?
No, they can’t apply only for any type of Seat In Maharashtra.
What is the bond service period for Maharashtra government PG seats?
Government PG seats have a 1-year compulsory service bond or a penalty of ₹50 lakh (approx.) for non-compliance.
What are the top PG medical colleges in Maharashtra?
Seth GS Medical College & KEM Hospital, Mumbai
BJ Government Medical College, Pune
Grant Medical College, Mumbai
GMC Nagpur, Aurangabad, Miraj, etc.
Private institutions like DY Patil, Bharati Vidyapeeth, and MGM.
Can I apply for both AIQ and Maharashtra state counselling?
Yes, you can register separately for MCC AIQ counselling and Maharashtra state counselling.
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