Dear aspirant

As you were not allotted a college in first round and in further round you haven't participate that's mean you make free exit so yeah you are eligible for refund of security deposit money. It will be refunded back to your bank account after once the counselling get completed. Keep checking the MCC counseling website they put notice about refund procedure when the counselling end. You will get your security deposit money back in the account from which you have pay during the registration. But yeah they will confirm all the details so be in touch with official website.

Hope this information helps you

All the best !!