This policy applies to every fee paid to Vishveshwarya School of Business ("VSOB", "we", "us") for
the PGDM programme — whether paid online through vsob.in, through a payment
link sent by the admissions office, or at the campus accounts office.
VSOB has applied to the All India Council for Technical Education (AICTE) for approval of its PGDM, and refunds on withdrawal of admission follow the refund norms notified by AICTE for the academic session concerned. Where this page and an AICTE notification differ, the AICTE notification prevails.
01
Fees Covered by This Policy
Fees are collected only for the programme and services a student has applied or been admitted to, at the amounts set out in the fee card issued by the admissions office for that session. This policy covers:
- Tuition and other academic fees for the PGDM programme.
- Hostel and mess charges, where the student has opted for on-campus accommodation.
- Any amount paid to confirm or reserve a seat.
02
Withdrawal Before the Session Begins
A student who withdraws admission before the academic session commences is entitled to a refund of the entire fee paid, after deduction of a processing charge that does not exceed the limit fixed by AICTE for that session.
03
Withdrawal After the Session Begins
If a student leaves after the session has commenced and the seat that falls vacant is filled by another candidate by the last date of admission, the fee paid is refunded after a proportionate deduction of the monthly fee and of hostel and mess charges for the period the student was enrolled or in residence.
If the vacant seat is not filled by the last date of admission, refunds are governed by the AICTE norms in force for that session.
04
How to Request a Refund
Write to admissions@vgi.ac.in from the email address or phone number used at the time of
admission, or submit a written application at the admissions office. Please include:
- The student's full name and application or enrolment number.
- The date, amount and transaction reference of the payment.
- The reason for withdrawal and the date it takes effect.
- The bank account details for the refund, if the payment was not made online — the account must be in the name of the student or the parent who paid.
05
Refund Timeline & Mode
Approved refunds are processed within 15 working days of the
withdrawal request being accepted, together with the original fee receipt and any
certificates held by the institution being returned to the student.
Refunds of online payments are made to the same card, UPI account, bank account or wallet that was used to pay. Once a refund has been processed, it may take a further 5 to 7 working days for the bank or card issuer to reflect it in your account. Refunds of payments made at the campus are made by bank transfer.
06
Failed & Duplicate Online Payments
If money is debited from your account but the payment does not reach us, or if the same fee
is paid twice by mistake, the extra or failed amount is refunded in full, with no
deduction, to the original payment method within 7 working
days of the transaction. In most cases a failed payment is reversed automatically by the
bank. If it is not, write to admissions@vgi.ac.in with the transaction reference.
07
Cancellation by the Institution
If VSOB cancels an admission because the student does not meet the eligibility criteria, or because a seat cannot be offered for a reason within the control of the institution, the fee paid is refunded in full except where AICTE norms provide otherwise. Admission cancelled because of false or misleading information supplied by the applicant is refunded under the withdrawal rules above.
08
Services Not Covered
There is no separate cancellation of an individual payment once the corresponding fee has been applied to a student's account; a refund is made only through withdrawal of admission or a hostel place under this policy.
09
Questions About a Refund
For any question about a payment or a refund, write to admissions@vgi.ac.in or call
+91 81302 93785 (Mon–Sat · 9:00 AM – 5:00 PM). Correspondence may also be sent to
the operational office of Vishveshwarya School of Business, Shop No. 16, 3rd Floor, Opulent Mall, Ghaziabad, Uttar Pradesh 201001.