Cancellation of Admission and Refund Policy

Body: 

Directorate of Admission is liable for refund process until the enrollment. Once enrollment is complete, the student is advised to approach the respective college/school personally for refund.  The refund is at the sole discretion of the respective college/school thereafter.

Request for cancellation of admission must be submitted ONLY through online mode. Request for cancellation through Email/posts/letter etc will not be entertained.

The refund money will be transferred to the bank account as per the cancelled cheque leaf submitted at the time of counseling/admission.

The refund of money will be effected only by RTGS / NEFT.

Online Cancellation with no change in bank account details:

The date of online cancellation will be considered as the date of formal withdrawal of admission.  This date will be considered for determining the eligible percentage of refund (refer table below).

Refund will be processed based on the details in the online cancellation form. No further documents are required for processing the refund.

Online Cancellation with change in bank account details:

The date of online cancellation will be considered as the date of formal withdrawal of admission.  This date will be considered for determining the eligible percentage of refund(refer table below).

However, the paperwork for refund will be initiated ONLY on the date of receipt of the following documents in ORIGINAL by courier or in person, by the Directorate of Admissions, Kattankulathur:
1. All receipts towards the payment of fees
2. Counseling Call Letter
3. Provisional Allotment Letter (PAL)
4. Cheque leaf (cancelled) of the bank to which transfer of money is to be done.
SRMIST will not be responsible for the change/misrepresentation of account information, as received and confirmed by you.

If all documents submitted for refund are in order, then the time taken to process and effect the transfer of refund money will be 30 working days. Kindly note that it is the sole responsibility of the candidate to submit all required documents for timely processing of refund.

Sl. No Percentage of refund of aggregate fees  * Point of time when the notice of withdrawal of admission is served
1 100% 15 days before the formally- notified last date of admission
2 80% Not more than 15 days after the formally- notified last date of admission
3 50% More than 15 days but less than 30 days after the formally- notified last date of admission
4 0% More than 30 days after the formally- notified last date of admission
*Inclusive of course fee and non-tuition fees but exclusive of caution money and security deposit

 

Refer the provisional admission letter for the actual timelines (dates) and the eligible percentage of refund of tuition fee.

Any request for refund after the above said period will not be entertained under any circumstances.

Any dispute with regard to admission, eligibility, fees, refund, etc., shall be within the legal jurisdiction of Chennai only.

For any further queries, please contact admissions.accounts@srmuniv.ac.in

NOTE:
1. The first day of orientation / induction programme will be considered as the Date of commencement of classes for the purpose of applying the refund policy.
2. The above policy will be applied irrespective of whether the student has attended any class or not.

College Office to be contacted for the purpose of refund after enrollment:

Faculty  Campus in which the student has been admitted Processing Directorate or office Contact office / section for enquiring refund status
Admitted but NOT Completed the Enrollment
Any Faculty Any Campus Directorate of Admissions The Directorate of Admissions, Kattankulathur, Tamil Nadu - 603 203
Completed the Enrollment
Faculty of Management Kattankulathur The office of Dean (Management) The Office Dean (Management), Kattankulathur,Tamil Nadu - 603 203
Ramapuram The office of Dean (SH) The Dean (SH)
Ramapuram, Chennai - 600 089
+91-44-30603042, 30603072, 30603133
Vadapalani The office of Dean The Dean, Vadapalani, Chennai - 600026.
+91-44-4396 9966, 4396 9967
NCR The office of the Director, NCR Campus The Director,
NCR Campus, Ghaziabad, UP
+91-01232-234301, 302, 303, 304, 234312