Refund and Cancelation Policy
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Refund and Cancelation Policy
Cancellation and Refund policy

For online payments, cancellation is not possible on the Internet. To cancel a fee payment, the student will have to submit the claim with BIFM at Gulab Bhawan, New Delhi or write a mail to studentcare@bifm.edu.in. The fee once paid is not refundable under any circumstances except as otherwise provided in the Fee Policy of BIFM. In case where the fee is refundable as per the policy, it shall be refunded electronically (as credit to the relevant credit card / account used for the transaction) after deducting cancellation charges. Bank charges that are being levied by the Payment Gateways/Banks are not subject to refund in the event of cancellation of transaction by the student. The cancellation charge is determined by the BIFM's rules for cancellation and is based on the time of cancellation and the status of the fee payment. The service charge is not refunded.