Financial Privacy & Payment Policies
Business Navachar School (BNS)
Business Navachar School (BNS) is committed to maintaining the highest standards of financial transparency, payment security, privacy, and ethical financial practices.
These policies apply to all applicants, students, parents, sponsors, donors, scholarship applicants, corporate partners, and other stakeholders interacting with Business Navachar School through its website, admission portal, payment gateway, and institutional financial systems.
55. Fee Payment Privacy Policy
Business Navachar School provides secure payment facilities for admissions, registrations, tuition fees, workshops, seminars, certifications, events, and other institutional services.
Payments may be made through authorized payment channels such as:
- UPI
- Net Banking
- Credit Cards
- Debit Cards
- QR Code Payments
- NEFT / RTGS / IMPS
- Bank Transfer
- Demand Draft (where applicable)
- Authorized Offline Payment Counters
For security reasons, Business Navachar School does not store complete debit card numbers, credit card numbers, CVV numbers, UPI PINs, internet banking passwords, or other sensitive payment credentials.
Financial information collected may include:
- Payment Reference Number
- Transaction ID
- Receipt Number
- Payment Date
- Amount Paid
- Program Name
- Student ID
- GST Details (where applicable)
Payment information is used exclusively for:
- Admission Processing
- Fee Verification
- Receipt Generation
- Financial Accounting
- Audit Compliance
- Student Account Management
- Refund Processing
All financial records are maintained securely and accessed only by authorized finance personnel.
56. EMI Information Policy
To improve accessibility to quality business education, Business Navachar School may offer installment-based payment options or collaborate with authorized financial institutions and payment partners, subject to program availability.
Where EMI or installment facilities are available:
- Eligibility criteria may apply.
- Approval may be subject to the policies of the respective financial institution or payment partner.
- Applicable processing charges, interest, or service fees, if any, will be communicated before enrollment.
- Participants are responsible for timely EMI payments according to the agreed schedule.
Business Navachar School is not responsible for financing decisions made by third-party lenders or payment service providers.
Failure to comply with installment schedules may affect access to certain institutional services until dues are cleared, in accordance with applicable policies.
57. Donation Privacy Policy
Business Navachar School welcomes voluntary donations, sponsorships, CSR support, educational grants, and philanthropic contributions from individuals, organizations, trusts, foundations, and corporate partners.
Donor information may include:
- Name
- Organization
- Contact Information
- Donation Amount
- Payment Details
- PAN Details (where applicable)
- CSR Information
- Tax Documentation
Business Navachar School respects donor privacy and confidentiality.
Donor information will be used only for:
- Donation Acknowledgement
- Receipt Generation
- Statutory Compliance
- Audit Requirements
- Donor Communication
- Institutional Reporting
Donor information will not be publicly disclosed without consent, except where disclosure is required by applicable law or where the donor has expressly agreed to public recognition.
58. Scholarship Information Policy
Business Navachar School may offer scholarships, financial assistance, merit-based awards, need-based support, CSR-sponsored scholarships, or special educational assistance programs.
Scholarship applications may require:
- Educational Records
- Income Information
- Supporting Documents
- Identity Verification
- Academic Performance
- Recommendation Letters (where applicable)
Scholarship information is collected solely for evaluating eligibility and administering scholarship programs.
Scholarship decisions are based on the applicable eligibility criteria and institutional policies.
Submission of a scholarship application does not guarantee approval or financial assistance.
All scholarship-related information is treated confidentially and accessed only by authorized personnel involved in the evaluation process.
59. Refund Processing Privacy Policy
Business Navachar School processes eligible refunds in accordance with its official Refund & Cancellation Policy.
Refund requests may require:
- Student Name
- Student ID
- Admission Number
- Payment Receipt
- Bank Account Details (where applicable)
- Refund Application
- Reason for Refund
Refund-related information is collected solely for:
- Verification
- Financial Processing
- Audit Compliance
- Regulatory Requirements
- Transaction Records
Approved refunds will be processed through the original payment method or another approved method, where applicable and feasible.
Refund timelines may vary depending on the payment method, banking systems, verification requirements, and applicable institutional procedures.
Business Navachar School maintains the confidentiality of all refund-related financial information.
Financial Record Management
Business Navachar School securely maintains financial records including:
- Admission Fee Records
- Tuition Fee Records
- Payment Receipts
- GST Records
- Scholarship Records
- Donation Records
- Refund Records
- Financial Audit Records
These records are retained in accordance with applicable legal, accounting, taxation, and institutional requirements.
Financial Transparency
Business Navachar School is committed to:
- Transparent Fee Structure
- Secure Payment Systems
- Ethical Financial Practices
- Accurate Financial Records
- Responsible Fund Management
- Compliance with Applicable Laws
- Protection of Financial Information
User Responsibilities
Participants are responsible for:
- Verifying payment details before making payments.
- Using only official BNS payment channels.
- Retaining payment receipts for future reference.
- Reporting failed or duplicate transactions promptly.
- Protecting confidential banking information.
- Not sharing OTPs, UPI PINs, passwords, or card credentials with anyone.
Fraud Prevention
Business Navachar School will never request:
- ATM PIN
- UPI PIN
- CVV Number
- Internet Banking Password
- Complete Debit/Credit Card Details
If you receive any suspicious financial communication claiming to represent BNS, please report it immediately.
Contact – Finance Department
For fee payments, scholarships, donations, refunds, invoices, receipts, EMI enquiries, or financial assistance, please contact:
Business Navachar School (BNS)
- 📧 info@businessnavacharschool.com
- 📞 Finance Helpline: +91 72086 28671
- 📞 +91 70218 39703
- 🌐 Website: www.businessnavacharschool.com