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Fees and Financing

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Fees and Financing

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Academic Year 2022 - 2023

Candidates admitted in
(Cycle 1)
Candidates admitted in
(Cycle 2)
Candidates admitted in
(Cycle 3)
Candidates admitted in
(Cycle 4)
Commitment Fees (Non-refundable)1,00,0001,00,0001,00,0001,00,000
(Payable by) Date mentioned in the letter of offerDate mentioned in the letter of offerDate mentioned in the letter of offerDate mentioned in the letter of offer
First Instalment7,00,0007,00,0007,00,0007,00,000
(Payable by)November 15, 2021December 15, 2021January 31, 2022March 25, 2022
Second Instalment6,50,0006,50,0006,50,0006,50,000
(Payable by)July 15, 2022July 15, 2022July 15, 2022July 15, 2022
Third Instalment6,50,0006,50,0006,50,0006,50,000
(Payable by)Nov 15, 2022Nov 15, 2022Nov 15, 2022Nov 15, 2022
Grand Total21,00,00021,00,00021,00,00021,00,000

Note:

1. The fees above include tuition fees, living expenses, and caution deposit.

The breakdown is as follows:

Tuition fees:18,50,000
Living expenses:2,20,000
Caution deposit (refundable30,000
Total21,00,000

3. The first instalment of Rs. 7,00,000 includes the refundable caution deposit of Rs 30,000.

4. Living expenses shall cover payment to IIM Udaipur towards food and hostel room charges. These living expenses do not cover any other personal expenses that the candidates may incur while living at IIMU campus.

5. In addition to the above, an Alumni Association Fee of Rs. 3,000/- will be payable at the time of payment of the third instalment.

6. Goods and Services Tax (GST) is not applicable for this program.

Loans

Many major banks in India provide loans to cover most of the tuition fees and program expenses at IIMs. Participants of One-Year MBA can avail education loan from the bank below. For loan application process and more details please contact the contact person mentioned in the loan scheme document.

State Bank of India-Scholar Education Loan Scheme

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