Employment bond

As per the conditions agreed upon while joining the institution, you are liable to the conditions and in the event of you quitting the job within two years from the date of appointment, you are liable to settle the bank as per the agreed conditions. In your query you have  not stated that when you joined the bank?, give the correct details so that you get proper advise.

i have joined tha bank on 01/07/2013 but got frustrated by the job wnat to quit the job.whether it is possible that i can assure them that i will pay the amount later.

You will have to follow as per conditions to the bond ,you have signed earlier.