How do I get my money back from a college caution?

How do I get my money back from a college caution?

The caution money and security deposit are refundable after deduction of dues, if any, only after the student finally leaves the College on completion of the course.

What is caution deposit refund?

Caution Deposit means the interest free deposit that shall be refunded if the Allottee implements the project within the stipulatedtime period as per the Allotment Order.

What is the meaning of caution fee?

The caution fee, according to real estate law, is an amount of money that you have to pay while renting a property. The caution fee is a percentage of your annual rent and will not be returned to you if you damage something or owe money at the end of your lease.

What is the fee refund policy?

UGC Guidelines For Fee Refund 2020-21

Refund of Fee (percentage) Time period (withdrawal of the application)
90% Less than 15 days before the last date of admission
80% 15 days or less, after the last date of admission
50% 30 days or less, but more than 15 days, after the last date of admission

How do you write a refund letter to a college?

I am a student at this Institute (Section, Roll/registration no. and department name). I was enrolled in the (Department name) that began on (DATE). This letter is to request a full refund of my tuition fee (Amount of money).

Is caution money refundable in GeM?

But caution money deposits come into play when a seller registers in the GeM portal. This caution/security is needed to be deposited which can be refunded completely.

Does school refund caution money?

The caution money is collected ostensibly as a security for the tuition fee of a year. If a students fails to deposit his tuition fee, the same can be adjusted against the caution money. However, this is to be refunded, once the student leaves the school.

How do I write a application for caution money from school?

Sir, I am writing this letter for return of my security cheque of Caution Money, that I deposited in the college account while taking admission as that amount is refundable, I want that amount so that it will help in paying for my higher education. I hope my cheque will be processed within 2-3 working days. Thank you.

What is Library caution money?

The Caution Money and Library Deposit paid by the student will be forfeited by the college in such cases. A student who loses a library book must replace it or pay its cost and penalty if the book is not available.

Is provisional admission fee refundable?

The Board centrally collects this fee on behalf of the Institute and remits it to the institute after the candidate completes provisional admission. If the candidate does not wish to join the institute even after taking provisional admission, he/she will have to apply to that institute for any refund.

How do you write an application fee?

Respected/Dear Sir/Ma’am, I am (Name of the Parent), the father of (Name of the Student) studying in Class (Mention which class your child is in) in your esteemed institution. I am writing this letter to request you for a fee concession. (Give the reason why you cannot pay the fees).

How do I ask for a letter of refund fee?

I am (Name) and student of (Class/grade name). I am writing this letter to you so that I can ask for my security fee refund from School. (Describe in your own words). As per school rules, it was cleared before admission that after the completion of my (Exam name), the school will refund me the security fee.

Is it mandatory to deposit caution money in GeM?

All sellers on GeM are required to deposit a one-time amount as under as caution money: Seller Turnover less than 1 Crore: Rs 5,000/- Seller Turn over > 1 Crore but < 10 Crore: Rs 10,000/- Seller Turnover > 10 Crore: Rs 25,000/-

How do I check my caution money on GeM?

How to pay caution money:

  1. Login to GeM Portal.
  2. Click on Dashboard.
  3. Click on Manage Caution Money Account.
  4. You will be redirected to ‘Add Account’ Page.
  5. Select the Bank Account either Axis Bank or ICICI Bank ( Please note this not related to your current/saving bank account.
  6. Check the terms and condition.

How do I write a refund for college application?

I am a poor student and cannot afford my fee. I want to request you that kindly cancel my enrolment and refund my fee which I submitted to the college administration on (specific name…). I shall be highly grateful to you.

What is security deposit in college?

“The money is deposited to recover any damage to college property by the student or damage or non-return of library book.

How do I write a letter to Bank for refund?

I have been a sincere account holder at your bank bearing account (account number). Last month, a sum of Rs. 10, 000 was incorrectly deducted from my savings account on (date). I claim a refund for the same.

  • September 22, 2022