Refund Policy

Refund Policy of NIMR.

If a student wants to leave the institute and opts for fee refund; he/she should follow the under mentioned steps:

  • Any refund of fee shall be applicable / entitled if application submitted in filled-inform before 30 calendar days of scheduled batch start date.
  • Collect the pre-formatted application of fee refund from institute's fee counter and fill it completely.
  • Submit the filled-in refund application along with attachments (Original Fee Receipt(s), Original Identity Card and Study Material Coupons at Institute's admin office.
  • Collect the Acknowledgment Receipt of Refund Application duly signed & stamped by institute's authority and keep it for future reference.
  • We issue the fee refund only by online mode by transfer through RTGS/NEFT to the Account No. provided in the Application Form.
  • The fee refund transfer shall be done within 21 working days from the refund application.
  • If the student/parents face any problem in the process of course fee refund; the office of Manager-Operations/ Centre Manager can be approached personally/telephonically or through letter/e-mail/fax etc.
  • The student/parents should understand that fee refund is a part of institute's policy and we follow the refund rules & regulations as mentioned above in letter & spirit. However, if the request of refund is submitted (in written with required documents) after the 'refund dates' are over, the institute shall not entertain it. Moreover, refund requests made verbally/orally or through telephone/e-mail/fax shall also not be entertained.
  • If a whole Batch/Class or majority of its students are found to be involved in an incident of indiscipline at any point of time during the academic session; the entire Batch/Class or majority of students may be rusticated from the institute. In such a case, no fee refund will be issues to student/s.
  • Registration fee of INR 50,000/- is non-refundable.
  • Any legal matter/dispute related to fee refund is subject to Mumbai City (Maharashtra) Jurisdiction only.
  • The Management of National Institute of Management & Research Studies (NIMR) reserves the sole right to decide in the matter of fee refund.