Course Fees Refund Policy
Pranavananda Institute of Management & Technology
The refund of fees is governed by applicable regulatory guidelines, including principles aligned with the affiliating/collaborative partner bodies, wherever applicable.
1. Admission & Registration Fees
- Admission, registration, and prospectus fees are non-refundable
2. Cancellation Before Course Commencement
- If a student withdraws admission before the commencement of classes:
- Fees will be refunded after deduction of applicable processing charges (20% of total course fees).
- Registration fee (100%).
3. Cancellation After Course Commencement
- Within 7 days of course start: Up to 50% refund of the paid amount (excluding registration fee).
- After 7 days: No refund will be provided.
4. Course Cancellation by Institute
- If the institute cancels a course, full refund of fees will be provided.
- Refund will be processed within 15–30 working days.
5. Fee Transfer / Adjustment
- Students may request transfer or adjustment of fees to another course.
- Approval is subject to management discretion and seat availability.
6. Refund Request Procedure
- Submit a written application.
- Provide fee receipt and valid reason for withdrawal.
- Submit bank details for refund processing.
7. Refund Timeline
- Approved refunds will be processed within 15–30 working days.
8. Non-Refundable Cases
- Non-attendance after enrolment.
- Violation of institute rules.
- Expulsion due to misconduct.
9. Disclaimer
This policy is subject to change as per notifications issued by affiliating/collaborative partner bodies time-to-time.
In case of any conflict, statutory guidelines shall prevail.
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