Annexure 3

S. P. Jain Institute of Management & Research

PGDM (Business Management) 2024-2026 Programme

Refund Policy

Withdrawal after the

commencement of
Withdrawal before Withdrawal after
foundation (online Withdrawal after 9th
the commencement 30th June 2024 but
courses) but on or June 2025*
of the programme before 9th June 2025
before 30th June
2024

Particulars Deduction amount (INR)

Administrative 1,000 1,000 1,000 -

Admission 19,000 -

Tuition (Inclusive of
Library and IT 7,22,000 7,42,000
Services)

Learning Resources pro rata pro rata

Student Activity pro rata pro rata

Development Fee pro rata pro rata

Career Services 20,000 36,000

Alumni Membership - -

Hostel charges pro rata pro rata

Refundable Security
as applicable as applicable
Deposit***

Online Foundation
26,000 26,000 -
Materials

GFT Tuition** (once

(once paid, is non- (once paid, is non-
paid, is non-
refundable) refundable)
refundable)

GFT** (Actual incurred

cost of Travel, (once incurred, is non- (once incurred, is non-
Lodging, Visa, refundable) refundable)
Insurance etc.)

7,88,000 + 7,78,000 +
TOTAL DEDUCTION prorata deduction + prorata deduction +
1,000 27,000
(INR) GFT fee if already GFT fee + total 1st
paid, will apply year fee

Refund Balance Balance Balance Balance

*: Entire 1st year fee of Rs.11,00,000

**: GFT charges once paid are non refundable
***: Refundable Security Deposit will be refunded as applicable