DAV Institute of Engineering and Technology Jalandhar B.Voc Banking, Financial Services and Insurance (BFSI): Fees 2026, Course Duration, Dates, Eligibility

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Collegedunia Team

Content Curator | Updated on - Mar 30, 2026

The Bachelor of Vocational Studies [B.Voc.] in Banking, Financial Services and Insurance (BFSI) at DAV Institute of Engineering and Technology (DAVIET), Jalandhar is a 3-year undergraduate vocational program affiliated to I.K. Gujral Punjab Technical University (IKG PTU) and approved by AICTE. The program is designed to equip students with practical, industry-ready skills in banking operations, financial services, insurance products, and related domains. With a total tuition fee of Rs 1.50 Lakhs for the entire 3-year duration, it is one of the most affordable vocational degree programs in Punjab. The course has a seat intake of 25 students and is offered in full-time on-campus mode. It is popular among students seeking a job-oriented degree with multiple exit options and strong employability in the BFSI sector.

Admissions for 2026-27 are currently open. DAVIET has released admission forms on its official website davietjal.org. Admission to B.Voc. BFSI is merit-based on the qualifying 10+2 examination. The tentative batch commencement is August 2026, based on the previous year's schedule.

Key Points

  • Multiple exit options: students can exit with a Diploma after 1 year or an Advanced Diploma after 2 years, with the full B.Voc. degree awarded on completion of 3 years
  • Vocational focus ensures hands-on training in banking, insurance, and financial services - making graduates job-ready from day one
  • Affiliated to IKG PTU, a recognized state technical university, ensuring degree validity for employment and higher studies
  • NAAC A+ accredited institution with strong academic infrastructure
  • Seat intake is limited to 25 students, ensuring personalized attention and focused learning
  • Industry-relevant curriculum covering banking operations, insurance products, mutual funds, stock markets, and financial planning

DAV Institute of Engineering and Technology - [DAVIET] Latest Updates

25 Feb, 2026 DAV Institute of Engineering and Technology Jalandhar has released the Fee structure 2026-27 for B.Voc Banking, Financial Services and Insurance (BFSI) programs. The total academic fee is ₹ 2.62 Lakhs.

DAVIET B.Voc. BFSI Fees

The B.Voc. BFSI program at DAVIET is highly affordable with a total tuition fee of Rs 1.50 Lakhs for the complete 3-year duration. A one-time refundable security deposit of Rs 2,000 is charged at the time of admission, bringing the total fee to Rs 1.52 Lakhs. Fees are collected on a semester basis. Hostel accommodation is available separately and is not mandatory.

Fee Structure

Fee ComponentAmount (Total - 3 Years)
Tuition FeeRs 1,50,000
Refundable Security Deposit (One-time)Rs 2,000
Total Fees (without Hostel)Rs 1,52,000
Hostel Fee (Non-AC, Triple Occupancy)Rs 96,000/year (optional)
Hostel Fee (Non-AC, Double Occupancy)Rs 1,04,000/year (optional)
Hostel Fee (AC, Triple Occupancy)Rs 1,06,000/year (optional)
  • The security deposit of Rs 2,000 is refundable at the time of leaving the institution.
  • Hostel fees are not mandatory and are charged separately based on occupancy type (AC/Non-AC, Single/Double/Triple).
  • Boarding/mess charges of Rs 36,000/year are included in hostel fee totals.
  • A one-time registration/admission fee is applicable at the time of joining.
  • Fee payment can be made via Punjab National Bank (PNB) branch on campus, UPI, or online portal.
  • Refund policy is available on the official website as per DAVIET's refund guidelines.

DAVIET B.Voc. BFSI Admission 2026-27

Admissions to B.Voc. BFSI at DAVIET are merit-based and straightforward, with no mandatory entrance exam. Candidates who have passed 10+2 from a recognized board are eligible to apply. The admission process involves submitting the application form, document verification, and fee payment. Admissions for 2026-27 are currently open as of March 2026.

College Admission Dates (2026-27)

EventDate
Admission Form AvailabilityJanuary 2026 onwards
Application Submission (Online/Offline)Ongoing (2026-27 cycle open)
Document VerificationAt the time of admission
Tentative Batch CommencementAugust 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

  • Candidates must have passed 10+2 (or equivalent) from a recognized board.
  • No minimum percentage is specified; however, admission is based on merit in the qualifying examination.
  • Students from any stream (Science, Commerce, Arts) are eligible to apply.

Admission Process

  • Download or collect the B.Voc. admission form from the official DAVIET website (davietjal.org) or the college campus.
  • Fill in the application form with required personal and academic details.
  • Submit the form along with attested copies of 10+2 marksheets, transfer certificate, character certificate, and category certificate (if applicable).
  • Pay the application fee (Rs 300) via demand draft or online mode.
  • Attend document verification at the college.
  • Merit list is prepared based on qualifying examination marks.
  • Selected candidates complete fee payment and enrollment formalities.

DAVIET B.Voc. BFSI Scholarships 2026-27

DAVIET facilitates multiple government scholarship schemes for eligible students, making the B.Voc. BFSI program financially accessible. Students from reserved categories (SC/ST/OBC) and economically weaker sections can benefit significantly from these scholarships. Applications for most scholarships are processed through the National Scholarship Portal (NSP) or state-specific portals.

Scholarship Schemes

ScholarshipEligibilityAmount / Benefit
Post Matric Scholarship (Dr. Ambedkar Scholarship - Punjab Govt)SC/ST students domiciled in PunjabCovers tuition fee and maintenance allowance as per Punjab Govt norms
Pradhan Mantri Uchchatar Shiksha Protsahan Yojana (PM-USP)Students with family income below Rs 4.5 Lakhs/yearInterest subsidy on education loans during moratorium period
Bihar Student Credit Card SchemeStudents domiciled in BiharLoan up to Rs 4 Lakhs at 4% interest (1% for women/disabled/transgender)
National Scholarship Portal (NSP) SchemesVarious categories (SC/ST/OBC/Minority/Merit)As per respective central/state government scheme norms
  • Scholarship application deadlines vary by scheme; students should apply at the start of each academic year.
  • Documents required typically include income certificate, caste certificate, domicile certificate, and bank account details.
  • Students are advised to check the official NSP portal (scholarships.gov.in) and Punjab government scholarship portal for updated deadlines.

DAVIET B.Voc. BFSI FAQs

Q1. What is the B.Voc. BFSI program at DAVIET and how is it different from a regular B.Com or BBA?

Ans. The B.Voc. BFSI is a vocational degree program specifically focused on the Banking, Financial Services, and Insurance sector. Unlike B.Com or BBA which are more theoretical, B.Voc. BFSI emphasizes practical, industry-ready skills with hands-on training. It also offers multiple exit options (Diploma after 1 year, Advanced Diploma after 2 years), which regular degree programs do not.

Q2. Is the B.Voc. degree from DAVIET recognized for government jobs and higher studies?

Ans. Yes, the B.Voc. degree is awarded by I.K. Gujral Punjab Technical University (IKG PTU), a recognized state university. The degree is valid for government job applications. For higher studies, students can pursue MBA, PGDM, or other postgraduate programs after completing B.Voc., subject to the eligibility criteria of the respective institution.

Q3. What are the career options after completing B.Voc. BFSI from DAVIET?

Ans. Graduates can work in banks (public and private sector), insurance companies, mutual fund houses, stock broking firms, NBFCs, and financial advisory firms. Common job roles include bank officer, insurance advisor, financial analyst, relationship manager, and investment consultant. The BFSI sector is one of the largest employers in India.

Q4. Can I exit the B.Voc. program after 1 or 2 years with a certificate?

Ans. Yes, the B.Voc. program has multiple exit options. Students who complete 1 year are awarded a Diploma, and those who complete 2 years receive an Advanced Diploma. The full B.Voc. degree is awarded on successful completion of all 3 years.

Q5. What is the seat intake for B.Voc. BFSI at DAVIET and how competitive is admission?

Ans. The seat intake is 25 students, making it a small and focused batch. Admission is merit-based on 10+2 marks, so students with good academic records have a strong chance of securing admission. There is no entrance exam required.

Q6. Is hostel accommodation available for B.Voc. BFSI students at DAVIET?

Ans. Yes, hostel accommodation is available on campus for both boys and girls. It is optional and not included in the course fee. Annual hostel fees range from Rs 84,000 (Non-AC Triple Occupancy) to Rs 1,11,000 (AC Single Occupancy), inclusive of boarding/mess charges of Rs 36,000/year.

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