OICL AO Bond Conditions 2025 Latest Udpates, Guarantee Bond, Probation Period

The OICL has released the official notification for the recruitment of 300 Administration Officers (AO) through the OICL AO Exam 2025. The application process is live from 3 to 18 December 2025. Before you apply, you should be well aware of the OICL AO Bond Conditions 2025. In this article, we will provide complete details on the bond terms and conditions, including the basic conditions, penalty for violating the bond, and more.

OICL AO Bond Conditions 2025

According to the official notification, every candidate selected as an Administrative Officer must sign a guarantee bond before joining. This bond ensures that the candidate will serve the organisation for a minimum period and will have to compensate the company if he or she decides to leave before completing that period. The organisation demands this guarantee bond due to significant investments in training new officers. Refer to the table below for key highlights of the OICL AO Bond 2025:

Click to Download OICL AO Official Notification 2025

OICL AO Basic Conditions 2025

The bond is part of broader employment conditions, which include probation rules, posting and transfers, and more details. The following are the basic OICL AO Bond Conditions 2025 that every candidate must know before applying: 

1. Probation Period

Every newly selected Administrative Officer will be on probation for one year. This period may be extended twice, each time by six months, leading to a maximum of 2 years of probation. To be confirmed as a permanent employee, candidates must:

• Pass the Licentiate Examination conducted by the Insurance Institute of India.
• Maintain satisfactory performance during probation.
• Failure to clear the licentiate exam during the extended probation period can result in termination from service.

2. Posting & Transfers

• Officers can be posted anywhere in India, as per company requirements.
• Minimum stay at the initial posting: 3 years.
• Hindi Officers may be required to remain in their specialization for 5 years.

3. Termination During Probation

OICL reserves the right to terminate a probationer without notice if their performance is unsatisfactory or if they violate conduct rules.

OICL AO Apply Online 2025- Click to Apply

Penalty for Violating the OICL AO Bond

If you leave the job before finishing the mandatory service of 4 years, the organisation is liable to impose financial penalties on you. The penalty varies based on when the candidate resigns. This is done to ensure that only serious candidates apply and stay long enough to contribute significantly.