Refund of Fee: As per AICTE Norms:
According to the AICTE fee refund rules. Refund should be made after deduction of only the cancellation/processing charges depending upon the time factor when the request is made.
Refund Policy
Situation of admission withdrawal
When the request is made before the date of start of the academic session and the institute could fill the seat before the cut-off date from the waitlisted candidates.
When the request is received on/after the beginning of academic session and the institute could fill the seat before the cut-off date from the waitlisted candidates.
When the request is received before/after the start of the academic session and the institute could not fill the seat.
Settlement of dispute
Refund amount
Entire fee should be refunded including full amount of security deposit, caution money if the request is made before start of academic session. A deduction of Rs.1000/- towards processing charges will be made by the B-school.
Entire fee less the Seat Cancellation Charges on pro rata basis. For calculation of pro-rata basis, 1 month shall be treated as 1 unit. For example if the candidate withdraws within a month after the start of academic session and the seat is filled before the cut-off date, the cancellation charges on pro rata basis will be the amount of total fee/12 or Rs.1000/-, whichever is higher.
No Refund except security deposit shall be made.
Bangalore, Jurisdiction.