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Fees and Deposits

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FEES SECURITY DEPOSITS AND BOND

PAYABLE AT THE TIME OF ADMISSION ONLY

Admission Rs 5000
Institute Caution money Rs 5000
Library Deposit Rs 5000
Hostel Caution Money Rs 5000
Mess Deposit Rs 5000
Orientation & Social service camp Rs 5000
University Enrolment and Eligibility as per university
norms
Sports complex Fees Rs 5000
University E- Suvidha Fee (MKCL) Rs 50
University Development Fee Rs 50
Internet Charges Rs 1000

PAYABLE ANNUALLY

Development Charges Rs 5000


Sports, Games and Gymnasium Rs 1000
Health Insurance Rs 2500
Students' Council Subscription Rs 500
Students’ Welfare Fund + Aswamedh Rs 500
Library Rs 500
College Magazine Rs 200
National Service Scheme Rs 200
MUHS Cultural meet (SPANDAN) Rs 200

PAYABLE ANNUALLY (To be paid in two six monthly installments)

Tuition Fee Rs. 70900


Hostel Room Rent Rs 20000
Mess Advance (Approx) Rs 15360 forGirls
16800 for Boys
Electricity Charge advance Rs 6000 for Girls
Rs 7200 for Boys.
Hostel - Maintenance including depreciation Rs 3000
SECURITY DEPOSIT
The candidate selected for admission to MBBS course will deposit the below mentioned
amounts (referred to as Security Deposit which shall be adjustable against recovery, if
any) either in cash or by way of Demand Draft in favour of 'Kasturba Health
Society' payable at Sewagram/Wardha or by a cheque drawn on scheduled Bank at
Sewagram/ Wardha (and not in any other form), at the time of his/her admission
which shall be retained as Security Deposit as under

1) An amount of Rs.30,000/- [Rs. Thirty Thousand] which shall continue to


be retained as Security Deposit till the time of successful completion of the
prescribed Internship Training by the concerned candidate. Such deposit, subject
to recovery, if any, may bear the simple interest at the rate applicable to Saving
Bank Account as per RBI Norms and as shall be decided by the Society from time
to time.

2) An amount of Rs.70,000/- [Rs. Seventy Thousand] - while in case of


S.C./S.T.N.J./N.T candidate at Rs.50,000/- (Rs. Fifty Thousand] which shall
continue to be retained as Security Deposit till the induction of an authenticated
evidence in the Office of Dean, MGIMS in support of successful completion by
the concerned students of a service in Area of need for such period as prescribed
by Government of Maharashtra, after completing the term of his I her
internship training. Such deposit, subject to recovery, if any, may bear the simple
interest at the rate applicable to Saving Bank Account as per RBI Norms and
as shall be decided by the Society from time to time.

3) We will also abide by Govt. of Maharashtra, Govt. of India and Maharashtra


University of Health Sciences, Nashik rules and regulations.

4) The amounts of Security deposit so retained shall be refunded only on production


of Original Receipt, issued at the time of respective deposits appended to the
claim for refund, if any.
BOND CONDITIONS
1) As per Maharashtra Government Resolution (G.R. No.MED 1007/CR-490/07/Ed-2
dated 8th Feb 2008 and any G.R issued in this regard from time to time), candidates
joined against the seats of Government/Municipal Corporation colleges for admission to
MBBS/BDS Courses either through GOI nominee, All India quota or through NEET UG
2017 will be required to sign a bond to serve the Government of Maharashtra or local self-
government or Defense services for a period of one year, after the completion of
internship, failing which he/she will be required to pay Rs.10,00,000/- (Rupees ten lacs
only) for the default as penalty. Additionally, he/she will be required to sign an
undertaking to the effect that he/she will not leave India within a period of five years
from the date of obtaining the degree, otherwise he/she will have to pay Rs. 10,00,000/-
(Rs.Ten lacs only) as penalty.

2) PENALTY FOR LAPSE OF SEAT - As per Maharashtra Government Resolution No.


CET 3516/CR 169/Edu-2 dated 13/04/2017 any candidate responsible for lapse of seat
will have to pay a penalty of Rs.10,00,000/- (Rupee Ten Lacs Only) . This penalty is
applicable to all those candidates who do not join during last round or cancel a seat
after last round of admission. This penalty is also applicable to any candidate resigning a
seat after cutoff date for MBBS/BDS course or also fails to complete the course,
irrespective of admission quota of the candidate.

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