Fee Payment Detail DFM 2020
Fee Payment Schedule (DFM):
All the Fees can be paid in two installments.
The first installment (50%) of the fee must be paid on acceptance of offer or before the start of a Term (17th August, 2020).
The second installment to be paid in April 2021. The registration unit will issue a Fee Due notification to all the students before a month for second installment payment.
Fee Payment Option and Penalties:
Payment of Fees may be made in anyone of the following options:
- Cash– Accounts Section, RIM Campus at Simtokha, Thimphu
- Cheque– should be drawn in favor of “RIM Fund”and delivered to Accounts Section, RIM Campus at Simtokha, Thimphu. Cheque collection charges (if applicable) must be paid / borne by the Payer.
- Direct Transfer / Deposit into RIM’s BOB Account No.: 100502451, Thimphu Branch. Please quote your Name, Course in the sender/depositor’s address (e.g Dorji Pem, DFM). The counter-foil of the deposit slip or transaction slip copy (MBOB) needs to be scanned and submitted to RIM Accounts section.
Note: Money Receipts will be issued only upon confirmation of the TT receipt/deposits with RIM bank account.
In order to ensure that fees are paid within the set timelines, penalties will be applied for late payments beyond the deadlines set, as per the following.
|Late Payment||Penalty Amount (Nu.)|
|Within the 7 calendar days following the last day for on-time fee payment||Nu. 1250|
|Within 8-14 calendar days following the last day for on-time fee payment||Nu. 2500|
|From the 15th calendar day to the 30th calendar day following the last day for on-time fee payment||Nu. 2500 + Nu. 250 per day of delay starting with the 15th day|
|Beyond 30 calendar days following the last day for on-time fee payment||Student will not be allowed to attend classes|