Rules & Regulations for Refund of Caution Money by E-Payment method

Applicability: All UG & PG Final Year Students

Dear All UG & PG Final Year Students,

The following rules and regulations will be applicable for refund of caution money via E-payment method:-

1. The detail of bank account in which refund is to be processed is to be given by the student in the applicable prescribed format.
2. Prescribed format is to be downloaded from website. Hard copies will not be provided to the student.
3. Prescribed format is to be filled only in capital letters.
4. There is no fee for the prescribed format for E-payment of caution money.
5. The form is to be submitted by final year students who have deposited the caution money at the time of admission.
6. The form needs to be complete in all respects. Any incomplete form / missing information will not be accepted by the Office and no refunds will be processed.
7. Students are advised in their own interests that they should take extreme caution and care while filling up the form. This is because if any of the details are filled in-correct, student will not receive the caution money and for which student will be solely responsible.
8. The account details are to be given for student himself / herself or of any of the parent in which account is being maintained and refund is to be credited.
9. If the details mentioned by student in the prescribed format are incorrect due to any reasons (including typing / writing error, etc) the student shall be completely responsible for any loss such as non-receipt of caution money.
10. The student will be responsible for communicating any changes in prescribed format if such changes occur after submitting the form. In case student fails to inform, it will be sole responsibility of the student and the student will not receive any caution money if it has been processed already, based on the information submitted by student earlier.
11. The Institute will not be responsible for wrong credit of caution money in case where student has mentioned the account number and other details in the prescribed format wrongly. In such cases, it can also be possible that the student will not be getting any caution money. 
12. All charges related to transfer of E-payment (as may be applicable and levied time to time by the bank) will be borne by the student.
13. All information which is required at the time of applying for caution money such as mark sheet, fee receipts, application, etc will remain same as on force. This form is only supplementing the requirement of refund of caution money and to facilitate the fast processing of refund of caution money.

Click Here to download Form for refund of Caution Money & Rules and Regulations.

CA Prashant Jain

Executive Director