Hey!

If  the refund application is recieved after 2nd round of counselling then the refund would be transferred to the same account after deducting 3000 rupees. The refund will begin only after the completion of counselling and might take 15 -20 days.

To know more, visit here:

http://www.ipu.ac.in/Pubinfo2019/Admission2019mian/adm2019brochures/2019D220319.pdf

Thankyou