[Resolved]  ICFAI University — Fees

Dear Sir,

I Ankur Jain enrollment No[protected] have enrolled myself for MBA by paying 10000 bucks. To make the rest of payment I selected EMI. However due to financial inability I am not in position to make the rest of the payment. SO I asked ICFAI guys what is the alternate. but they said as they have Post Dated Cheque so I need to make the payment on time. Else I will come in trouble.

I told them as they already received nearly 7 EMI of Rs. 3250/- & Rs. 10000 in the beginning. So I want to quit at this moment right now. They said we can not do that. This is against the policy I have signed. They said I can not quit from this program. I need to make full payment.

I am not in the position to make the payment.

I told them that as I have not borrowed money from them instead of that I am making the payment for the thing that I am not sure I will able to get that or not. Now I don't want to do that thing so why they are forcing me to make money. i don't have money to give them at this time.

And send suggestion on my
Email [protected]
Mob: - [protected]
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  16 CommentsShareTweet


Hello! Ankur Any loan is payable as per EMI schedule, accepted by the borrower. Should you have any issues, you could write to Institute itself and seek clarifications. I do not see the reason why a genuine case is not attend to by a repute institution.
Like all also i also have been cheated, i m also pursing MBA and gave 6 PDc cheque for the course .and also Rs.10000 as a advance. But due to my family problem i have to leave the course within two month .I have paid them 2 installment of Rs 7800 approx. after that i stop paying them. i didn't appear any exmination .
But suddenly after one year they started harresing me. They send me two legal settlement notice saying to appear in the court of hyderbad but i didn't appear till know. really i do not have money to pay them beause i belong to very poor family. Plz anybody suggest me what to do . i m very much in tension regarding this legal notice. Plz somebody help me out
With regards
name withheld
Please help me,

As any one filed a case against ICFAI, This is not the way Institute work. Please help me the procedure to get out this torture.
My parents were really scared with the letters, Please help me.
Hi I was an employee of ICFAI university, tripura.I know about icfai.This is to inform to those people who says ICFAI has cheated them.. but as matter of fact, if you see at prospectus it is clearly written about the PDC cheques and its rule. while submitting Post dated cheques you are into agreement with university to pay the whole fees, but when you cannot clear the fee you started complaining. Its you people cheating to university. first you agree to pay the fees through instalment and after wards you dont. then who is cheating whom..if you join any college, will they allow you to study free of cost with out fees. If you join an institute you, you pay the whole year fees, its upto you to study or not but you have to pay the fees. the same way you agreed to pay the fee in instalment to ICFAI. then now why are you people complaining.. its you people cheating. and fruad
Dear All and the Gentleman who commented earlier (Mr.Rohit),

I am a student of ICFAI university, pursuing my MFA..Do you agree that the questions we recieve during our examination is out of paper?? Once we join our courses, we no need to pay the 1st sem examination fee, as that is included in the initial payment/Course sure, none of them will get pass in those examination.They make us fail and we have to re appear for the exam again making the payment...

Aren't they cheat.

EMI facility for someone, who cannot make the bluk payment. When we are unable to pay the same, its not worth for a reputed organisation to force students for the payment...Both ICFAI nor the student are loosers. Will ICFAI allows the student to write exams further, if he/she do not pay the EMI / Exam fee????

Pls stay upto a mark...


Down! Down!

Ashame to be a student of ICFAI :-(
dear sir
i passed from the KU kurushetra. Now i have join Mba from your institution plz tell me your college in haryna and your fees detail.
plz give me any idia about any Banking course
I was very seriously considering ICFAI for my further studies. but after seeing loads of complaints. I think I will have o consider other options too. As far as making he students fail in the first semester and even in the further semesters is concerned ICFAI already has a real bad reputation. I have spoken to a lot of students in this regards. One more thing i would like to state here the sales personnel in ICFAI are no better than any sales person from a consumer products or services company. They will keep bothering you till you either take admission or simply be rude and bang the phone or be as rude as possible. I have had a taste of it. I don't understand if this is an educational institute or a profit earning company.

ICFAI — Sending notice and forcing to pay fees when i am not continuing the course

My enrolment number is[protected], i was enrolled in MS Finance, i have just given one exam i have paid 70% of the fees, i don't want to continue with the course now and i have written so many mails also but these people are forcing me to pay the balance fees also and are sending me notices also, i am requesting them to at least refund me 50% of the fees. but they are saying i have to pay them balance 30% also but i am not even asking them to even send me books for higher level and they can even take the books given to me.
Mr Manav!

First of all we choose a program to realize the cherished goals. Deviating from the decision is not understood. No Institute would allow the students to withdraw without honoring the committed payments. If you still feel to retrieve, request them earnestly to allow your discontinuance.
If there are only 3 or 5 people complaining, I understand that - it is those people's fault. Now, Even I have heard from so many people complaining against ICFAI. So, it is valid that ICFAI is cheating everyone. This can be taken care only by a person who is highly influential with political people. If the complain is done or the matter is taken upto Ministry of Human Resources then something can be done about this. Registering in might make difference, I don't know - I am only giving an information
Hi Yasee!
It’s definitely right on your part to check the details thoroughly before enrollment. No one doubts the standards of curriculum content. If you are committed to your goal, the issues being talked about need to no attention.
Dear Mr.Prashanth,

Icfai University believes in providing quality education and support to the students in their pursuit of higher education. Out of several complaints posted here, except few of them, nobody is giving their Enrollment No. and the program they enrolled in, then how can the University resolve the issues. If any student has any issue, first they should contact University at [protected], and only if they don’t get a reply within 2/3 days, they should escalate to higher ups. Moreover, the University had set up an Arbitration Tribunal, where students can contact the Officials who can intervene and resolve any issues between the University and the students. Now we wonder, inspite of providing all this, some students still come to sites like this and post whatever they wish to.

Student Services Dept.
Dear Mr.Ankur Jain,

If you have any issue, you may directly address to the University itself to seek clarification at [protected] . Please indicate the program and the enrollment number so that your grievance can be looked into.


Student Service Dept
I want take admission in MCA programme under IFHE.
ICFAI told me that they give 100% placement, if they fail to do that they will pay my loan amount.
Please tell me I would believe them or not,
send a suggetion on this email address[protected] [protected]
hi my name is satish. i would like to do my b-tech in IFHE business school in hyderabad but many of my frndz said dat it is not a recognised one and there are no placements is it true?

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