MAHATMA GANDHI INSTITUTE OF TECHNOLOGY

No. MGIT/116/ADMN/2019 Date: 20-07-2019

CIRCULAR

Sub: Tuition Fee online payment information - Reg

The following are the instructions for the online payment (NET Banking) Tuition fees for credit to
institution’s ICICI bank account.

The students can make payment of Tuition Fee through the Virtual account number (Alpha code)
followed by Enrolment number and IFSC details as mentioned:-

Beneficiary Account Name Beneficiary Account Number IFSC Code- 11 digits

MGIF followed by Hall Ticket Number ICIC0000104

PRINCIPAL MGIT (Without space and without hyphens)
Branch: CMS, Mumbai

Virtual Account - Payment of fees from account with ICICI Bank or other Bank through Net banking
(NEFT or RTGS only):-

Login into Internet banking:-

1) Select Manage Payee
2) Add other Bank Payee (Note: Don’t select -ICICI Bank payee even if you are a ICICI bank user)
3) Fill Payee Name: PRINCIPAL MGIT
4) Fill Nick Name: MGIF
5) Payee Account Number (Alpha code(4 letters) followed by Hall Ticket Number without space and
without hyphens)
FOR Example : if your Hall Ticket Number is 1234567890 your payee account number
will -- MGIF1234567890
6) Confirm Payee Account Number
7) IFSC code is ICIC0000104
8) Click on Next page
9) Confirm Payee details and you will receive an URN number to your Registered Mobile and submit,
Payee add successfully and transfer the amount.

Note: 1. Fee can be paid by demand draft also. It should be drawn in favour of “PRINCIPAL MGIT"
payable at Hyderabad only.
2. Fee can also be paid through challan. For challan payment at ICICI Bank please collect
challan from Fee Counters at Administrative Office.

Sd/-
PRINCIPAL
 MAHATMA GANDHI INSTITUTE OF TECHNOLOGY
HYDERABAD-500 075

FEE PAYMENT DETAILS

TUITION FEE
THROUGH IMPS/NEFT/RTGS:
ACCOUNT NAME : PRINCIPAL MGIT
ACCOUNT NO. : MGIFRollNo.
IFSC CODE : ICIC0000104
NAME OF THE BANK : ICICI BANK
Note: On-line Payments can be made during bank working days