TERMS OF PAYMENT & ePAYMENT CHARGES:
IIST offers various services and facilities for access by citizens, including its own students, staff and partners. Fees, Penalties or other Charges fixed by IIST from time to time for availing such services or using such facilities may be paid by citizens through web-enabled software portals or mobile software applications of IIST in Indian Rupees.
Payment due to IIST out of the payment made by the citizen and collected through valid and successful transactions conducted using Payment Gateway are received by IIST after deduction of payment gateway fees.
Rate of payment gateway fees fixed by PayGov India for ePayment services are listed below.
S. No. |
Payment Type |
Fees (excluding applicable taxes) |
1 |
Internet Banking Payment |
Ø Rs. 5 for transaction amount upto Rs. 500 Ø Rs. 10 for transaction amount above Rs. 500 |
2 |
Debit Card Payment |
Ø 0.9% of the transaction amount |
3 |
Credit Card Payment |
Ø 1.00% of the transaction amount |
4 |
Cash-card/Prepaid/Wallets |
Rs 10 or 1.5% of the transaction amount whichever is lower |
5 |
IMPS |
Ø Rs. 5 for transaction amount upto Rs. 5000 Ø Rs. 7 for transaction amount from Rs. 5,001 to Rs 25,000 Ø Rs. 8 for transaction amount from Rs. 25,001 to Rs 50,000 Ø Rs. 9 for transaction amount from Rs. 50,001 to Rs 1,00,000 |
6 |
NEFT/RTGS |
Rs 5 per payment for any transaction |
7 |
UPI / BHIM |
Ø 0.25% (minimum charge of Rs. 1) for transaction amount upto Rs.2000 Ø Rs. 7.50 for transaction amount above Rs. 2000 |
Rates of fees listed above have been negotiated specifically for government transactions for availing government services. Service Tax, duties and other levies if any applicable, will be charged in addition.
IIST has not authorised any other internet or web portal other than that under its own internet domain – iist.ac.in – to accept digital payments electronically.