Psychological contract is about what the employees beliefs and what they receive or should receive because they perceive that their employer conveyed promises to provide those things’ in exchange for their contributions (Robinson, 1996, p. 575). Something organization organizations are unable to meet the expectations of employees this leads to psychological contract breach that effect the job satisfactions and effective commitment .Job satisfaction and effective commitment are the continuous goals of every organization so this study examines the effects of PCB on two critical organizational outcomes job satisfaction and affective commitment in banking industry and the moderating effects of two variables tenure and educational level are also tested