[Resolved]  IIBS — refund not yet done

Address:Bangalore, Karnataka

Dear sir / madam,

My self j. Venu. I had taken admission in iibs bangalore campus. At the time of admission iibs councillor said the payment will be refunded if i cancelled the application. Unfortunate i had cancelled my admission but till now i didn't get any refund. I'm keep on calling them. But no one is responding. Now they are asking me to send the fee receipts to their office l. With out getting refund how could i send the refund. I paid 50000/- for confirmation of my admission. But with in month time i cancelled. Yet no progress on my refund. Kindly help me to get my money back.
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Aug 16, 2018
Complaint marked as Resolved 
IIBS customer support has been notified about the posted complaint.
Verified Support
Jul 07, 2018
IIBS Customer Care's response
Dear J Venu, Please contact IIBS Admission department. They will help you. http://www.iibs.edu.in/contact
Verified Support
Jul 07, 2018
IIBS Customer Care's response
IIBS is approved by AICTE, Ministry of HRD & Govt. of India. Anyone can apply for Education load from any Indian Bank. For more details, you can ask for the IIBS Education Loan Manual book.

Complaint comments 

Comments

I have secured admission in MBA programme under Bangalore University in Bangalore campus near airport.
I have made payment of my registration fee costing Rs.100000. I got the receipts along with the offer letter and list of fee structure concerned with my MBA programme So that I can apply for education loan to pursue my studies.
As it was mentioned in the list of fee structure
That I have to submit 2nd installment of fee by may 2018. That's why I applied for loan in various banks like Allahabad bank, Axis Bank, SBI etc.
But
Firstly, they all denied to provide me loan because college is not under their list to which they provide loan.
Secondly, If I am availing loan then there must be a gaurranter who must pay ITR or there must be an income proof on Form no.16 and I am not able to arrange both the documents. Each bank wants these sort of proofs which I'm not capable to arrange.
And another issue is that There is mistake in father 's name on my marksheets Which I have told earlier And while applying for the loan he would be my co-applicant but His name in his identity proofs vary from my identity proof that is why banks is creating an issue in this also.
In all the cases I'm not able to avail loan from anywhere.Because banks would provide loan If I would be satisfying all of their conditions.
And As I'm from a middle class family, my father cannot afford to pay the whole fee payment by his own.
Therefore, kindly refund the registration fee which I have paid to the campus. I shall be very thankful to you.
IIBS Customer Care's response, Jul 7, 2018
Verified Support
Dear Poona Singh, As per our record your admission is cancelled on your campus visit. Anyway, IIBS is approved by AICTE, Ministry of HRD & Govt. of India. Anyone can apply for Education load from any Indian Bank. For more details, you can ask for the IIBS Education Loan Manual book.
I have applied for IIBS and paid RSVP. 25, 000/- and within a month I cancelled my admission and calling college for refund from last 10 days, but telling will process, but not received any refund, please help for refund.
I have applied for IIBS and paid RSVP. 25, 000/- and within a month I cancelled my admission and calling college for refund from last 10 days, but telling will process, but not received any refund, please help for refund.

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