In the event of a student withdrawing admission before the start of the Course, the entire fee collected from the student, after a deduction of the processing fee of not more than Rs.1000/- (Rupees One Thousand only) shall be refunded.

In case a student leaves after joining the Course and if the vacated seat is consequently filled by another student by the last date of admission, the fee collected after a deduction of the processing fee of not more than Rs. 1000/- (Rupees One Thousand only) and proportionate deductions of monthly fees and hostel rent, where applicable, shall be refunded.

The last date for withdrawal of PGDM admission for the purpose of refund of fees shall be 30th June of every year.

In case the vacated seat is not filled, the Security Deposit would be refunded.