- The remittance of Tuition Fees is in two equal installments every year. Remittance of First Installment (i.e. 50% of the Annual Tuition Fees) shall be at the time of admission. Remittance of subsequent Installments shall be as and when notified by the institution.
- Those who are paying the fees through NET BANKING shall transfer the amount through NEFT/ RTGS mode only.
- Please do not transfer the amount through IMPS mode. After successful transaction the candidate must note the UTR No. and the transaction details shall be filled in Transaction Details Form ( http://tiny.cc/svtr)
- The payment of fees can be done through Demand Draft / Net Banking /Mobile Banking / UPI.
- All the Educational fees shall be remitted to the official Bank Account of the Institution. For Bank Account Details, please visit www.sumandeepvidyapeethdu.edu.in
- College Security Deposit will be refunded without interest after completion of course and on clearing all dues of the Sumandeep Vidyapeeth.
- Failure to remit the tuition fees within the notified time limits by the student shall attract the compensatory interest as per the regulations of Institution.
| Bank Name | IDFC FIRST BANK |
| Account Name | Sumandeep Vidyapeeth Deemed To Be University |
| Branch Address | VADODARA BRANCH, SAHYOG ATRIUM HARIBHAKTI EXTN COLONY, VADODARA - 390007 |
| Account Number | 10049271095 |
| Account Type | SAVING ACCOUNT |
| IFS Code | IDFB0042381 |
| MICR Code | 390751002 |
| Branch Code | 042381 |
The student may cancel his/her admission up to the 30 days after the formally notified last date of admission for the said program. The cancellation of admission after this period is not permitted by the Institution as the seat remains vacant thereafter.
If a student resigns/withdraws from the program of study in which he/she is enrolled, the Institution shall follow the following system for the refund of fees remitted by the student.
| Sr. No. | Percentage of Refund of fees* | Point of time when notice of withdrawal of admission is received in the Institution |
| 1 | 100% * | 15 days or more before the formally-notified last date of admission |
| 2 | 90% | Less than 15 days before the formally-notified last date of admission |
| 3 | 80% | 15 days or less after the formally-notified last date of admission |
| 4 | 50% | 30 days or less, but more than 15 days, after formally-notified last date of admission |
| 5 | 00% | More than 30 days after formally-notified last date of admission |
NOTE:
*Caution money / Security deposit, which are not part of the fees chargeable, shall be refunded in full.
- In case of (1) in the table above, the Institution shall deduct an amount not more than 5% of the fees paid by the student, subject to a maximum of Rs. 5,000/- as processing charges from the refundable amount.
- Fees shall be refunded by the Institution to an eligible student within fifteen working days from the date of receiving a written application from him/her in this regard.
- In case of point (5#) in the table above, if the student leaves the course or in the event of cancellation of his / her admission, due to any reason whatsoever, anytime after the 30 days of formally - notified last date of admission, the student is liable for payment of the fees for the remaining period of complete tenure of his/her program of study, to the Sumandeep Vidyapeeth Deemed to University as the seat remains vacant thereafter. In that event, Sumandeep Vidyapeeth has all the rights to recover the payment of the fees for the remaining period of complete tenure of his/her program of study, by redeeming unconditional bank guarantee / Un-dated cheques submitted by the student at the time of admission or through any other appropriate legal procedure against the student/parent/guardian for the recovery of entire outstanding amount against him/her.