Refund Policy – Falcon Edufin / ICA League / FRM360.

 

(This policy applies to enrolments from India only – and include students paying fees in Indian rupees without currency conversion.)

Dear aspirant, as per our refund policy we offer an unconditional partial refund to students enrolling for the various courses, however, the amount of refund is calculated based on fair usage of product policy. Refund amount calculation method is mentioned below.

Refund Amount Calculation Table

 

Particulars

Subtotal/ Calculation/ Note

Amount

A

Fees paid by Student

 

XXX

B

(-) Convenience fees charged by the merchant

XXX

C

Fees collected by Falcon Edufin

 

XXX

D

(-) Deductions As per exhibit -I

C X Total % of Deduction

XXX

E

Refundable Amount

 

XXX

Exhibit I

Particulars

 

Delay in an application of refund from the date of enrolment *

Yes/No

0 to 7 days

8 to 15 days

15 to 30 Days

Post 30 Days

A) A Package processed and delivered to student via mail

Yes

5%

5%

5%

100%

No

0%

0%

0%

100%

B) Licence Activated by Student

Yes

10%

10%

10%

100%

No

0%

0%

0%

100%

C) One to One Doubt solving sessions takes by Faculty

Yes

10%

20%

30%

100%

No

0%

0%

0%

100%

D) Fair usage deduction**

Always yes once the package is activated

0%

10%

25%

100%

E) Books Delivered to Student

Yes

75%

75%

75%

100%

No

0%

0%

0%

100%

F) Total % of deduction assuming all conditions are yes

 

100%

100%

100%

100%

G) Total % of deduction assuming all conditions are yes except condition E

 

25%

45%

70%

100%

* Date of application of refund is an intimation to faculty via phone or WhatsApp or mail to admin office whichever is earlier.

** Once package is delivered it is assumed to be used by student irrespective of actual usage.

*** Total deduction is capped to 100%.

**** Post 7 days automatic refund is not possible hence student is required to submit their bank details to process refund.

***** Refund will be processed in 7 to 10 working days from the date of issuance of a refund.

******  Attempt of negotiation on refund amount by you will result in full forfeiture of fees.

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