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Refund Rules UG admission – 2017

Refund Policy: First Semester Fee B. Tech./ B. Tech.-M. Tech. Dual-Degree Programme

  • If the Institute fails to offer a confirmed seat to a waitlisted applicant, the Provisional Fee of Rs. 25,000/- will be refunded fully.
  • Applicants getting a confirmed seat and failing to deposit the full balance fee of Rs. 1,34,500/- by the specified deadline as mentioned in the offer letter will be refunded Rs. 22,000/-, after deduction of Rs. 3,000/-.
  • Refund of First Round of Admission after full fee payment:
    Refund Application Received Refund % (**) Refund Amount
    On or before June 30, 2017 (Midnight) 90% 1,46,250.00
    July 01, 2017 to July 15, 2017 (Midnight) 80% 1,33,000.00
    July 16, 2017 to July 30, 2017 (Midnight)* 50% 93,250.00
    July 31, 2017 onwards* 0% 27,000.00
  • Refund of Second Roundof Admission after full fee payment:
    Refund application received Refund % (**) Refund Amount
    July 04, 2017 to July 06, 2017 (Midnight) 90% 1,46,250.00
    July 07, 2017 to July 21, 2017 (Midnight) 80% 1,33,000.00
    July 22, 2017 to Aug. 05, 2017 (Midnight)* 50% 93,250.00
    August 06, 2017 onwards * 0% 27,000.00
  • * Proportionate Mess Charges shall be deducted from the above mentioned refund amount payable, if applicant joins the LNMIIT (excluding the Caution Money and Building Fund - these will be refunded 100%).
  • ** Aggregate Fee (excluding Caution Money, Building Fund, and Mess Advance - these will be refunded 100%).

Note: Application ID and Password

The Application ID and Password are unique and it is the responsibility of the Applicant to keep this information secured and safe. Kindly do not share your Password with anybody.

Note :

  • Please mention your LNMIIT Application ID in all communications with the Institute. This will help us serve you quicker.
  • Please fill the online Refund Form to apply for refund via the LNMIIT portal.
  • You need the Application ID and Password to apply for refund.
  • All refunds will be processed within 30 days after receiving the duly filled in Refund Form from the applicants.

Refund Policy (in case of online payments – double/ failed transactions, credited to the Institute):

  • A transaction will be deemed successful only after the funds are received by the Institute. The online payments are not collected by the Institute directly but by the Service Provider (Payment Gateway). Once payment is received by the Service Provider in cleared funds, the Service Provider will contact the Institute to confirm the details of the successful payment made by the applicant, or third party making payment. On receipt of this confirmation, the Institute will confirm to the applicant that the payment has been received and accepted by the Institute. In the event of the applicant does not receive confirmation within 2 working days of making the payment, it is the responsibility of the applicant to check with the Institute that the payment has been accepted or not.
  • The applicant shall remain responsible for the fees until such time as the confirmation as referred to above is received from the Institute in relation to each of these and any outstanding amounts owed to the Institute.
  • The refund of a particular transaction will be made only in case the applicant has paid online more than once for the same admission. The processing of refunds in these cases requires the verification, and at times remittance as well, by the Payment Gateway. Hence, time delays in some cases may not be under the control of the Institution.
  • The refund applications will be processed and responded to only after proper verification.

Security (Online Transactions):

All payment details which are entered through the payment gateway are encrypted when the applicant, or third party making payment, enters them. Communications to and from the Service Provider’s site are encrypted. The Institute shall not be liable for any failure by the applicant or third party making payment of application processing fees to properly protect data from being seen on their screen by other persons or otherwise obtained by such persons, during the online payment process or in respect of any omission to provide accurate information in the course of the online payment process.