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Pune Institute of Business Management: Fees Undertaking Form
Pune Institute of Business Management: Fees Undertaking Form
Total 4,95,000
Fees
Particular Amount Received Fees
Due
SY Tuition fees 3,20,000
__________________________________________________________________
Yours Faithfully,
(Student’s Signature)
FEES RULES & REGULATIONS
1. The fee for the entire year is payable in advance for the first year, as per Institute rules and
regulations.
2. Fees can be paid either by cash at the Institute Accounts Office or by Demand Draft / Bank
Transfer/RTGS in Favor of Pune Institute of Business Management, Pune. Please Mention the Scholar
Name and Mobile Number While Depositing the Fee at the Bank. Parents must Email the Account
Department at accounts@pibm.in and balaji.shinde@pibm.in after Depositing the Fee.
3. Once the student has been accepted for admission all payments are to be made immediately to
confirm the admission.
4. The submission of ‘Application for Registration’ form and/or Registration fee does not guarantee
admission.
5. The existing students on '2nd Term Payment Plan' shall pay the fee by end of May every year for the
Second Year. Late fee of Rs. 100/- per day shall be levied in case of delayed payment of dues.
6. Security Refund Policy: Security deposit is refundable without any interest, on demand, once the
student finally leaves the Institute. Any arrears in the account of the student will not be adjusted from
the security deposit.
7. Withdrawal Policy: If a new student is withdrawn or does not join before the start of the academic
year i.e. 01st June, Registration and Admission fee shall be forfeited in favour of the Institute and balance
will not be refunded. In case of withdrawal after the start of the academic session, entire year’s fee shall
be charged /forfeited in favour of the Institute. The withdrawal form should be filled only by the parent
and be submitted to the admission and academic office only. No verbal/ telephonic intimation will be
entertained. Institute leaving certificate (Transfer Certificate) will be issued only after clearance of dues
and payment of amount(s) in favour of the Institute.
8. Parents are prohibited to have any cash transactions directly with wardens/teachers/Institute staff.
The Institute does not take responsibility for any such payments. All monetary transactions are to be
routed through Institute Accounts Office only.
9. All fee deposit receipts must be duly collected by the parents/guardians at the time of paying Institute
fees and kept safely for future reference.
10. The Executive Director is competent to change the due dates for collection of fees.