Hey Mohammed Usman,
The provisional allotment letter is just like admission letter given by SRM University. The amount 2,00,000 is the tution fee you need to pay before joining in the University. The actual amount is 2,60,000/- per year. As you’ve received only 2 lakhs to pay. Maybe you should have received scholarship or the rest 60,000 might be taken after joining in the University. For More details about this university you can check here:
https://www.google.co.in/amp/s/www.careers360.com/university/srm-institute-of-science-and-technology-chennai/amp
All the best!
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