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 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, MBA 2021). The counter-foil of the deposit slip or transaction slip copy (MBOB) needs to be scanned and 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|