If you were allotted a seat in MCC Round 1 but did not report to the college and were not allotted a seat in Round 2, your security deposit will be refunded if you are not allotted a seat in Round 3 as well; essentially, if you do not get a seat throughout the entire counselling process, your security deposit will be returned to you.If you didn’t complete the admission procedure for the seat allotted in the 1st round, you’re eligible for free exit. You just have to wait for the whole counseling to get over and you’d get your security fee back.

The security deposit may still be changed if you take part in later rounds, such as Round 3, subject to the following restrictions:

Forfeiture of Security Deposit: The security deposit is typically lost if you decide to leave the college after being given a seat in Round 1 or 2.
Should You Take Part in Round 3:
Your security charge will be applied to the new seat if you accept the seat you are assigned in Round 3, and it won't be lost.
Refund Policy: In most cases, the security deposit is returned if, at the conclusion of every round—including the mop-up round—you are not assigned a seat at all.
In Round 3, if you refuse the seat after being assigned one, or further.