What are the fees at the IIM Bangalore?

For Indian PGP students, the total fee for 2 years at IIM Bangalore is Rs. 24.5 Lakhs. 

This fee covers Tuition, Library, Internet, Case Permission Royalty, Course Material, Hostel Room Rent and Service Charge, Medical Insurance, Personal Accident Insurance and Alumni Activity. 

A caution deposit of Rs.15,000 is to be paid one-time, during registration. This deposit is not included in the total fee and is to be paid separately. Along with it, Rs. 5,000 is to be paid as hostel deposit during the same time. Additionally, a mess advance of Rs. 30,000 is to be paid each term.

The entire amount does not include Service Tax or other taxes, which if applicable, will be collected from the students accordingly. Hostel is provided for PGP students, but one can opt to live outside the campus in the second year.

Some of my friends studied at IIM Bangalore. Like any other IIM, this institute is a bit costly. Also being among the top IIMs costs a little more.

The fees for the batch 2020-22 are said to be standing around 25 lakhs if not more. This includes Tuition fees, Library charges, Internet charges, course materials, Case permission royalties, Hostel room rent and service charges, Personal Accident Insurance, Alumni Activity, and Medical insurance.

The above-mentioned fee excludes Service Tax and any such kind of taxes. These taxes are applicable by law and are collected from the students at the prescribed rates.

Moreover a fee of Rs. 20,000 is collected as caution fees and as a security and an amount of Rs. 30,000 is to be paid each term in advance.