Hello,

The penalty is called as the custody fee.During the admission procedures, there is an affidavit that has to be signed by you and your parents which states a clause that you have to pay the entire course fees for all the years without which you cannot obtain admission for any other course I.e. if your full course fee sums up to say 8lakhs, then you have to pay that amount before leaving the course to take admission elsewhere.  It also depends on the policy adopted by the respective college.

I wish you good luck!

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