If a candidate withdraws from the IPM program after accepting the admission offer, the refund of fees is governed by the refund policy issued by IIM Rohtak and applicable UGC/AICTE guidelines. Generally, a certain amount is deducted as processing charges if withdrawal is done before a specified date. After the commencement of classes, higher deductions may apply depending on the timing of withdrawal. Candidates must submit a formal withdrawal request in writing, and refunds are processed within the stipulated timeline mentioned by the institute.