7. I solemnly declare that I will serve the province of the Punjab for a period of FIVE years (including two years in a rural area) after graduation if a job is offered to me by the government or in default thereof pay Rs.5,00,000/- in lump sum to the Government of the Punjab.

- From Annexure I uploaded by UHS

Can someone please explain this part to me? Are we bound to work for the government for 5 years after we get done with MBBS and is there no way around this without having to pay 5 lac as compensation?