Why do I need to pay Refundable Deposit (RD) and how much is the RD for ?

Why do I need to pay Refundable Deposit (RD) and how much is the RD for ?

When the student enrolls for the PG Diploma Program, in order to ascertain their seriousness to the program and book a seat in the cohort a refundable deposit of INR 36,500/ INR 37,620 is paid to the NBFC.  (As we have more than 1 option for NBFC the RD amount varies ) However, the fee remains the same.