Quarterly Payment should be done From 1st to 10th in the months of April, July, October & January between 11:00 am to 1:00 pm in the drop box.
Late Fees @ Rs 20/- per day, Cheque dishonor charges Rs 200/-. On dishonor of cheque parents should submit fresh cheque including cheque return fine of Rs 200/- and late fee charges applicable.
Cheque should be drawn in favour of Navi Mumbai Merchants Educational Foundation.
Financial needs of the Institution are met by School Fees, the only source of Income. Hence fees paid in time as per the dates and schedule mentioned will help avoid any unpleasantness at the time of examination or when promotion results are declared. Fees will be accepted as cheques only having the childs name ,Class, section,telephone number mentioned on the reverse side of the cheque. Post dated cheques will not be accepted. Parents must give separate cheques for each child in case of more than one child studying in the school. Sending Cheques with the students is not permitted.
Non-Payment of School Fees
Admission of Student automatically stands cancelled if the school fee is not paid within fifteen days after the due date. Reminder / Phone calls for payment of School fees should NOT be expected from School office.
Fee Refund Policy
a) In Case of any cancellation after admission precedure is completed, Admission fee to the tune of Rs 10000/- will be deducted and balance amount will be refunded.
b) If a child has attended school even for a day and then seeks for cancellation, then fee to the tune of Rs 15000/- will be deducted from the amount received and balance amount will be refunded.
c) If a child does not report to school for first 30 days of commencement of academic year after paying the fees no amount will be refunded.
d) Submission of Admission form by parents / Guardian for registration and request for further admission procedure justifies acceptance of above all and shall not be ground of denial or unawareness at a later stage.
e) School management’s decision would be final and binding. The management reserves the right for addition / alter / modification for Admission procedure and refund policy.