Refund Eligibility: The security deposit is refundable at the end of the student’s hostel stay, provided all dues are cleared.
Deduction Policy: Any outstanding fines, damages to property, or unpaid fees may be deducted from the security deposit before refund.
Application Process: Students must submit a formal application or complete a security refund form to initiate the process.
Processing Time: The refund process typically takes a few weeks after the application, with the timeframe varying based on college policy.
Mode of Refund: Refunds are usually issued via bank transfer or as specified by the college, ensuring a secure and trackable transaction.