Master the financial obligations of NEET counselling. Understand security deposit fee structures across AIQ and Deemed universities, forfeiture penalties, and safe resignation protocols.
Participation in MCC NEET counselling requires both a non-refundable registration fee and a refundable security deposit, ranging from 5,000 rupees for reserved AIQ candidates to 2,00,000 rupees for Deemed universities. While Round 1 allows free exits without financial penalty, subsequent rounds enforce strict forfeiture rules if a candidate abandons an allotted seat or fails to complete proper resignation protocols within official deadlines.
Verified against MCC financial brochures, payment gateway guidelines, and Supreme Court counselling mandates.
Examine the required security deposit amounts across different counselling pools:
| Counselling Quota Type | Category | Security Deposit Amount | Refundability Status |
|---|---|---|---|
| Counselling Quota Type | Category | Security Deposit Amount | Refundability Status |
| AIQ / Central Universities | General / EWS | ₹10,000 | Fully refundable post-counselling |
| AIQ / Central Universities | SC / ST / OBC / PwD | ₹5,000 | Fully refundable post-counselling |
| Deemed Universities | All Categories | ₹2,00,000 | Fully refundable post-counselling |
| State Quota (Varies by State) | General / Reserved | State-specific (₹5k - ₹30k) | Subject to state directorate rules |
Understanding when financial penalties apply is critical to protecting your security deposit. In Round 1, candidates enjoy a free exit; if you choose not to join your allotted college, your deposit is safe. However, in Round 2 and the Mop-Up round, accepting a seat and subsequently failing to report triggers automatic forfeiture of the entire security deposit.
In stray vacancy rounds, the penalties escalate further: abandoning an allotted seat results in permanent forfeiture and potential debarment from future NEET examinations.
If you need to surrender a previously accepted seat to upgrade or switch counselling streams, you must execute a formal offline or online resignation through the allotted college authority.
Ensure the college generates an official online or physical resignation letter acknowledging your surrender to update your status on the MCC portal.
Keep records of your original transaction receipts and bank details. Refunds are processed automatically after the final mop-up reconciliation.
For 15% AIQ or Central Universities, the refundable security deposit is 10,000 rupees for General/EWS and 5,000 rupees for SC/ST/OBC/PwD. For Deemed Universities, a mandatory unified deposit of 2,00,000 rupees applies across all categories.
