Indian Institute of Management Indore Scholarship 2026 Financial Aid, Merit & Category Scholarships

Scholarships and Financial Support

Understanding the Cost

For the 2026-28 batch the PGP costs Rs. 25,15,800 in total for Indian students, of which Rs. 1,04,000 is a refundable caution deposit and a mess deposit that is adjusted against actual mess bills. The first year costs Rs. 13,04,000 and the second year Rs. 12,11,800. The PGP-HRM costs Rs. 21,85,800 in total, with Rs. 11,39,000 in the first year and Rs. 10,46,800 in the second. Fees may be paid in three instalments a year, which helps families spread the payments.

Reservation and Fee Planning

The institute follows Government of India reservation norms, with 27 percent of seats reserved for NC-OBC candidates, 15 percent for SC, 7.5 percent for ST, up to 10 percent for EWS and 5 percent for persons with benchmark disabilities. Candidates in these categories also have lower minimum CAT percentile requirements. Reservation affects admission, whereas the fee amount is the same for all Indian students through CAT, so financial support should be arranged separately.

Loans and Government Schemes

Many students finance their programme through education loans from banks, and eligible candidates may also apply for scholarship schemes of the central and state governments through the relevant portals. Because these schemes have their own conditions and deadlines, students should check them independently. The offer letter and fee schedule give the dates on which each instalment is due, and a loan sanction should be ready before those dates.

Refunds and Deposits

Two parts of the fee are refundable or adjustable. The caution deposit of Rs. 50,000 is returned after completion of the course, less the mediclaim premium and other dues, and the mess deposit is adjusted against the mess bill. Students can see all fee components on the fees page. Applicants who want to understand the relationship between cost and outcomes can read about salaries on the placements page.