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Singhania Institute of CFA

Fee Refund Policy & Terms and Conditions

This policy applies to the Carrying & Forwarding Agent (CFA) Training Programme. Please read it before paying the course fee and completing admission.

Last updated: 15 September 2026

1. Fee Payment

  • Course fees must be paid as per the fee schedule provided by the Institute.
  • Admission will be confirmed only after the required fee and admission formalities are completed.
  • A fee receipt will be provided for payments received.

2. Fee Refund Policy

Withdrawal / CancellationRefund eligibility
Before training startsRefund allowed after deduction of applicable registration/administrative charges and any material/service already provided.
Within 3 days of joiningRefunds may be considered after deduction of applicable charges and services/material already used.
After 3 days of joiningNo refund of course fee will normally be applicable.
After substantial completion of courseNo refund will be applicable.

Important: Refund requests must be submitted in writing. Refunds will be processed only after approval by the Institute.

3. Batch Transfer

If a learner is unable to continue in the current batch, the Institute may allow one-time transfer to another available batch, subject to availability and approval.

4. Institute Cancellation

If the Institute cancels a programme before its commencement and does not provide a suitable alternative, the eligible course fee will be refunded, subject to applicable deductions.

5. Refund Processing

  • Approved refunds will normally be processed within 15 working days.
  • Refunds will generally be made through the original payment method.
  • Non-recoverable payment gateway/banking charges and the cost of materials or services already provided may be deducted.

Terms and Conditions

  1. Learners are expected to maintain regular attendance and follow Institute rules and guidelines.
  2. Course fees cover only the training and services specifically mentioned at the time of admission.
  3. Admission to the programme does not guarantee employment, placement, business opportunities or any specific income.
  4. The Institute may make reasonable changes to faculty, schedule, venue, batch or course delivery when required.
  5. Study material, presentations and other Institute resources are for the enrolled learner's personal use and must not be copied or distributed without permission.
  6. Serious misconduct, cheating, harassment, unauthorised recording or violation of Institute rules may result in disciplinary action, including removal from the programme.
  7. Learners must provide correct information and documents during admission.
  8. Any exceptional refund request due to genuine circumstances may be reviewed by the Institute on a case-by-case basis.
  9. By making the payment and completing admission, the learner confirms that they have read and accepted this policy.
If you need clarification before making a payment, please contact the Institute's admissions team through the Contact page.