this thread has got a lot of queries regarding refund, here is the explanation of the process by a refund-query-veteran who has actually got the refund.
process: write a (hand written) mail to the person who had sent you the mail to deposit the tuition fees
mail it before the date of joining.
refund amount: total money - 1000/-
refund time: this might take more than a month, be patient, eventually refund amount will come.
In case your portal shows you refund has been dispatched and it's 1-2 weeks since you got the refund, don't panic :)
other details: you'll get a cheque issued in your name , from IMT, through Kotak mahindra bank
Hope this helps
happy Refunds
Inspirational Quotes are Lame :P