The course fee, if paid in 2 installments, an extra Rs. 7,500/- will have to be paid. The 1st installment must be paid at the time of admission and the 2nd installment within 3 months from the date of admission. A late fee may be imposed thereafter.
The course fee does not include School or College fee.
Fee is acceptable through DD / Pay-Order / Cheque (should be in favour of "Rao IIT Academy" payable at Mumbai).
Student must write his / her Name, Application Number and Mobile Number on the back of DD / Pay Order / Cheque.
Fees can also be paid online using your Credit / Debit Card and Internet Banking.
Any charges that Govt. levies such as Service Tax shall have to be borne by the student / parent.
Course Fee Refund Rules
Parents are advised to go through the fee structure and refund rules very carefully before applying. They are requested to deposit the course fee on / or before the last dates specified.
If a student fails to deposit his / her fee in time; the institute reserves all rights to impose a late fee or discontinue him / her from the institute.
All Refund Rules are applicable only for admission done on full payment.
For any admission done on Scholarship basis "No Refund" will be applicable.
Refund request should be raised by a personal meeting with the Branch Manager/Planning Team Manager along with the student, any request through Email / Fax / Telephone / Mobile / SMS will not be entertained.
The service tax once paid will not be refunded under any circumstances.
Only 75% of the total course fee will be refunded till 10th day from the date of class commencement irrespective of the admission date.
Only 50% of the total course fee will be refunded from the 11th to 15th day from the date of class commencement irrespective of the admission date.
Only 25% of the total course fee will be refunded from the 16th to 30th day from the date of class commencement irrespective of the admission date.
No request for refund of the course fee is admissible after one month from the class commencement.
Refund request raised before commencement of the class will apply for a deduction of 25% of first installment made or Rs. 10,000/- whichever is high.