Hi,
Fees of 40k paid to IP university is for holding the seat in counselling round. It means that you can hold your seat in college which is allotted and go with further counselling round.
It is the one time payment. It is basically a security fees for holding the seat.
It will ajdust in your college fees later if you take admission on same college.
For more detailed information. Kindly go through this link:
https://engineering.careers360.com/articles/ipu-btech-admission/amp
I hope it helps you.
Happy learning!!
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