MODE OF PAYMENT (OTHER THAN NRI/FOREIGN CATEGORY)
The First Installment of the course fees, registration fees, caution deposit, hostel fees and 'Mess & Utility Advance' should be paid by 'Account Payee Demand Draft' drawn in favour of “Sikkim Manipal University” payable at “Gangtok” at the time of admission.
PAYMENT OF FEES IN CASH WILL NOT BE ACCEPTED UNDER ANY CIRCUMSTANCES.
MODE OF PAYMENT FOR NRI/FOREIGN
Foreign/NRI/PIO Students: Candidates are required to remit the fees (other than hostel fee and mess & utility advance, which can be paid in Indian Rupees (INR)) in US Dollars by demand draft drawn in favour of “Sikkim Manipal University” payable at “Gangtok”. The clearing charges are to be borne by the student if instruments get cleared from outside India.
The payment can also be made in equivalent Indian Rupees (INR) provided that draft is made only from Non Resident External (NRE) account of the sponsor with an 'Inward Remittance Certificate' obtained from the draft issuing bank. The fee can also be paid through SWIFT Transfer from outside India. In such cases, the sender should provide the copies of proof of money transfer and the transaction charges will be borne by the sender. The payment instruction for SWIFT transfer is as follows:
Credit to: JP Morgan Chase Bank
SWIFT (BIC) : CHASUS33
Nostro Account No : 765902317
Beneficiary Account Name : M / S S I K K I M MANIPAL UNIVERSITY ESCROW AC
Beneficiary Account No: 015480200000012
Beneficiary Bank: YES BANK LTD., GANGTOK,
Beneficiary SWIFT Code : YESBINBB
(The word OUR is to be mentioned in Field No. : 71 of SWIFT Transfer Form)
All candidates must pay the fees at the time of counseling / admission. Failure to pay the fees on or before the date (s) specified will result in the instantaneous forfeiture of the seat as well as any fees already paid. Course fee for the subsequent year must be remitted on or before the due date notified by the University. No individual intimation will be given to the student's parents/guardians. Every student is expected to ascertain this from the notice board.
Delayed payments will attract a fine of 12% per annum computed for each default day.