The deposit for open councilling inicet is refundable or not?

Does any one know that the deposit for open councilling inicet is refundable or not?

If, the seat is not allotted in the open round of seat allocation, the amount deposited will be refunded after the admission process is completed.
· If the seat is allotted in the Open Round of Seat allocation and joined on the allocated seat within due date, the amount deposited will be refunded after the admission process is completed.
· If a seat is allotted in the Open Round of Seat allocation and not joined on the allocated seat within due date, the amount deposited will be forfeited.