Fee Payment Details for DFM 2021
Fee Payment Option and Penalties (DFM):
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 Term (13th September, 2021).
The second installment should be paid after Term III. The registration unit will issue a Fee Due notification to all the students for second installment payment.
Payment of Fees may be made in any one 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 submitted to RIM Accounts section or email to email@example.com
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.
|Sl. no||Time delayed||Penalties applicable|
|1||1-5 Business day||3 % on the total fee amount due|
|2||6-10 Business days||5 % on the total fee amount due|
|3||11 – 15 Business days||7 % on the total fee amount due|
|4||More than 16 Business days||Cancellation of the enrollment|