Fees Structure

Stage 3 second shortlist released. Deadline to submit the candidate application form is 28th April, 2019 11 am (IST).    Link to update Certificate for Economically Weaker Sections (EWS). Deadline: 24th May 2019, 5 pm (IST).     Details of EWS category change policy and timelines

Fees Structure

The total fee of the MBA program is Rs. 12,50,000 and Fee payable at the time of Acceptance of Admission Offer Rs 50,000***

DETAILS TERM-1 TERM-2 TERM-3
Tuition Fee INR 1,60,000 INR 1,60,000 INR 1,60,000
Hostel & Facility* INR 25,000 INR 25,000 INR 25,000
Academic Support INR 18,000 INR 18,000 INR 19,000
Welfare INR 15,000
Caution Deposit** INR 10,000
Total Fee INR 2,28,000
Less admission offer acceptance fee INR -50,000
Total Payment due INR 1,78,000 INR 2,03,000 INR 2,04,000
Due date for payment As per admission offer
letter
On the day of
registration
On the day of
registration
DETAILS TERM-4 TERM-5 TERM-6
Tuition Fee INR 1,60,000 INR 1,60,000 INR 1,60,000
Hostel & Facility* INR 25,000 INR 25,000 INR 25,000
Academic Support INR 18,000 INR 18,000 INR 19,000
Welfare INR 15,000
Total Payment due INR 2,18,000 INR 2,03,000 INR 2,04,000
Due date for payment On the day of
registration
On the day of
registration
On the day of
registration

*Does not include mess/food charges.

**Refundable at the time of student leaving the institute.

***This amount will be adjusted towards the Total fee for Term I due at the time of programme registration.

Mode of Payment
The mode of payment of fee is wire transfer. Wire transfer details are as follows:

Particulars Details
Beneficiary Name Indian Institute of Management Nagpur
Type of Account Savings
Bank Account Number 3124101005686
Name of the Bank Canara Bank
Branch Name and Address VNIT Campus, Nagpur
IFSC Code CNRB0003124