Total stipend earned is Rs.15,000/- and the total stipend guarantee of Rs.20,000/- has not been met. The student does a 3-month internship paying Rs.5,000/- per month Total stipend guarantee of Rs.20,000/- has been met. � The student does a 4-month internship paying Rs.5,000/- per month Rs.10,000/- per month guarantee has been met. The student does a 1-month internship paying Rs.10,000/- per month Reimbursement of Rs.5,000/- will be payable. Rs.10,000/- per month guarantee has not been met. The student does a 1-month internship paying Rs.5,000/- per month Scenario (Assuming program fee to be Rs.19,000) Following examples illustrate this better. Here, the maximum reimbursement provided from Internshala would never exceed the program fees. 10,000/- per month with a total stipend/salary guarantee of Rs.20,000/- during the tenure of the internship/full-time employment failing which Internshala will reimburse the difference between the stipend guaranteed and stipend/salary. Every eligible Placement Guarantee course student will be able to secure an internship (or a full time employment) within 12 months from the start of the Placement Guarantee course program with a minimum stipend/salary of Rs.
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March 2023
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