A formal *Refund Application* or *Grievance Letter* must be submitted by the student’s *parent/guardian*. The letter should include the relationship to the student and clearly state the reason for seeking a refund.
The refund request can be submitted *in person* at the IIB branch/center or sent via email to the branch email or our official support email at *info@iibedu.com*.
The *date of submission* of the written refund application at the branch/center, or the date of the *email request*, will be used for the calculation of the refund amount.
Refund amounts will be calculated based on the time of withdrawal in accordance with the institute’s course withdrawal guidelines.
Refunds will only be processed to the *parent/guardian’s savings account*. No other types of accounts will be considered for refund processing.
Once the refund request is submitted and verified, the processing time will generally take *10-15 working days*, depending on internal verification processes and banking procedures.
Registration Fee is NOT refundable under any circumstances whatsoever.
Admission Fee is NOT refundable if refund applied after the Batch Start Date
Short Term Classroom Course Fee / Test Series Fee is NOT refundable under any circumstances whatsoever.
Fee paid towards IIB Talent Hunt Exam & Instant Admission cum Scholarship Test NOT refundable under any circumstances whatsoever.
All refunds shall be paid through Online Transfer ONLY in the name and to the account of the student/parent/guardian within reasonable time from the date of receipt of an application for withdrawal of admission by the appropriate branch/centre.
NOTE: The Institute shall not be held responsible and/or accountable for crediting refund money to the wrong account due to incorrect details furnished by the student/parent/ guardian.
In case of withdrawal of admission of Scholarship Students, the student/parent/guardian shall be entitled to refund according to the terms of the Refund Policy and there shall be no exceptions.
Batch Start Date / Registration Date, whichever is later
Date of submission of application for withdrawal and refund
Date when the student attended the first class
Date of last class attended by student
IIB has 8 branches across the state, Nanded Latur, Pune-PCMC, Kolhapur, Pune-FC Road, Chhatrapati Sambhanjinagar, Akola, Pune-Swargate
There is difference in the fees structure as per the cost of the city and expenses. Student may be charged with processing fees and other differences in the fees structure at actuals.
We understand that there are genuine cases where a student seeks a transfer. We, thus, have in place our transfer policy for your convenience.