IIM Indore fees for 2027 are between INR 83,415 and INR 26.77 Lakhs for the full program, based on the course selected. The institute offers Management, Executive Education, Integrated Management and Doctoral programs such as PGP, PGP-HRM, IPM, EDPMG, EPGP, PhD, IPBA, MDP, MMS and FDP. Major fee details include PGP, PGP-HRM and EPGP, along with application fees, deposits, refund rules and scholarships.
- IIM Indore PGP costs INR 25.15 Lakhs for the full 2-year program, including the given caution deposit, mess deposit and second-year alumni fee.
- IIM Indore PGP-HRM costs INR 21.85 Lakhs for the full 2-year program.
- IIM Indore EDPMG costs INR 9.80 Lakhs for the full 4-year program, including the non-refundable acceptance fee of INR 80,000.
- IIM Indore EPGP costs INR 26.77 Lakhs for the complete program.
Note: Program fees based on 2026 batches can change for the 2027 admission cycle. Students should check the latest official fee structure before applying.
IIM Indore Application Fees
IIM Indore has course-wise application charges. PGP and PGP-HRM do not have a separate IIM Indore application fee, while IPM, EPGP and EDPM applicants pay the amounts listed below.
| Entrance Exam | Program | Application Fee |
|---|---|---|
| CAT | PGP | No separate IIM Indore application fee |
| CAT | PGP-HRM | No separate IIM Indore application fee |
| IPMAT | IPM | INR 4,130 including GST |
| IPMAT | IPM for SC/ST/PwD | INR 2,065 including GST |
| CAT/GMAT/GRE | EPGP | INR 5,900 including GST |
| CAT/GMAT/GRE/GATE/JRF/RAT | EDPM, one area | INR 3,000 + GST = INR 3,540 |
| CAT/GMAT/GRE/GATE/JRF/RAT | EDPM, two areas | INR 4,500 + GST = INR 5,310 |
Subject to revision. Kindly check with the official sources to confirm
IIM Indore PGP Fees 2027
IIM Indore charges Indian students admitted to PGP through CAT INR 12 Lakh per year. The basic course fee for two years is INR 24 Lakh. The full payable amount becomes INR 25.15 Lakh after adding the refundable caution deposit, mess deposit and second-year alumni fee. For the IIM Indore PGP 2027-29 batch, the institute may revise the fee.
| Year | Course Fee | Other Charges | Total |
|---|---|---|---|
| 2nd Year | INR 12 Lakh | Alumni fee including GST @ 18%: INR 11,800 | INR 12.11 Lakh |
| 1st Year | INR 12 Lakh | Refundable caution deposit: INR 50,000; Mess deposit: INR 54,000 | INR 13.04 Lakh |
| Full Program | INR 24 Lakh | Includes listed deposits and alumni fee | INR 25.15 Lakh |
Subject to revision. Kindly check with the official sources to confirm
Note:
- Mediclaim insurance policy charges are deducted from the caution deposit on actual basis.
- The caution deposit is returned after course completion after deducting the Mediclaim insurance premium and any dues.
- Mess is optional for IPM wherever it applies.
IIM Indore PGP Fee Payment Bank Details
IIM Indore gives each PGP participant a separate virtual account for fee payment through IDBI Bank.
| Detail | PGP Fee Payment Information |
|---|---|
| Account Name | Indian Institute of Management Indore-Fee Collection A/c |
| Account Number | Participant-specific Virtual Account Number |
| Bank | IDBI Bank |
| IFSC Code for NEFT/RTGS | IBKL0000001 |
| Branch | Ratlam Kothi, Indore |
| Account Type | Savings |
| Beneficiary Name | Indian Institute of Management Indore |
| SWIFT Code | IBKLINBB001 |
Note: Every participant receives a different virtual account number. Students must use the virtual account details shared by IIM Indore before paying the fee.
Ques. Does IIM Indore allow PGP fee payment by NEFT/RTGS?
Ans. Yes. The institute shares NEFT/RTGS details for fee payment. PGP students pay through their assigned IDBI Bank virtual account, while IPM students use their assigned HDFC Bank virtual account. Students should write their name and roll number in the remarks or reference field and keep the UTR number for reconciliation.
Ques. Are the course fee account and mess account the same at IIM Indore?
Ans. No. Students pay the course fee into their own IIM Indore virtual account. The mess deposit is paid separately to the Students Mess Committee, IIM Indore.
IIM Indore PGP-HRM Fees 2027
IIM Indore PGP-HRM has an annual course fee of INR 10.35 Lakh for the 2026-27 and 2027-28 academic years. The total fee includes the course fee, refundable caution deposit, mess deposit and alumni fee in the second year.
| Year | Course Fee | Added Fee or Deposit | Year-wise Total |
|---|---|---|---|
| 2nd Year | INR 10.35 Lakh | Alumni fee including GST @ 18%: INR 11,800 | INR 10.46 Lakh |
| 1st Year | INR 10.35 Lakh | Refundable caution deposit: INR 50,000; Mess deposit: INR 54,000 | INR 11.39 Lakh |
| Full Program | INR 20.70 Lakh | Includes listed deposits and alumni fee | INR 21.85 Lakh |
Subject to revision. Kindly check with the official sources to confirm
IIM Indore EDPMG Fees 2027
IIM Indore EDPMG runs for four years. The total program fee is INR 9.80 Lakh. This includes a non-refundable acceptance fee of INR 80,000 and a balance program fee of INR 9 Lakh.
| Payment Stage | Fee Detail | Amount |
|---|---|---|
| At acceptance | Non-refundable acceptance fee | INR 80,000 |
| Program fee balance | Balance program fee | INR 9 Lakh |
| Full program | Total program fee | INR 9.80 Lakh |
Subject to revision. Kindly check with the official sources to confirm
EDPMG Continuation Fee
Students who take more than the stated four-year program duration may get an extension only after approval and payment of the required continuation fee.
| When Extension Starts | Fee Cycle | Continuation Fee |
|---|---|---|
| After 5 years | Every 6 months | INR 50,000 |
| After 4 years | Every 6 months | INR 25,000 |
Subject to revision. Kindly check with the official sources to confirm
Note: The maximum program duration is six years.
IIM Indore IPM Fees 2027
IIM Indore IPM domestic fee is INR 6 Lakh per year for the first three years, and this amount can be revised. The fourth and fifth years follow the PGP fee applicable at that time. The course fee covers lodging, lectures, internet access and library facilities.
| IPM Stage | Course Fee | Deposits or Other Fees | Total Course Fee |
|---|---|---|---|
| IPM V | INR 12 Lakh | Alumni fee including GST @ 18%: INR 11,800 | INR 12 Lakh |
| IPM IV | INR 12 Lakh | - | INR 12 Lakh |
| IPM I-III | INR 6 Lakh per year | Refundable caution deposit: INR 50,000; Mess deposit: INR 54,000 | INR 18 Lakh for 3 years |
Subject to revision. Kindly check with the official sources to confirm
Note: The course fee includes lodging, lectures, internet facilities and library facilities. Students stay in shared accommodation during the first three years. Single-room accommodation is given in the fourth and fifth years.
IIM Indore IPM Fee Payment Bank Details
IPM participants also receive their own virtual account numbers for paying fees. The PGP/IPM handbook lists HDFC Bank for IPM fee collection.
| Detail | IPM Fee Payment Information |
|---|---|
| Account Name | Indian Institute of Management Indore-Fee Collection A/c |
| Account Number | Participant-specific Virtual Account Number |
| Bank | HDFC Bank |
| IFSC Code for NEFT/RTGS | HDFC0002140 |
| Branch | HDFC Bank, 15/4, Sai Vihar Colony, Rau, Indore - 453331 |
| Account Type | Savings |
| Beneficiary Name | Indian Institute of Management Indore |
| SWIFT Code | HDFCINBB |
Note: Each student has a separate virtual account number. Students should check the virtual account details issued by IIM Indore before making payment.
IIM Indore Fees for Other Courses
IIM Indore fee details for other courses are listed below. These amounts are based on the previous batch because the 2027 batch fees have not been announced yet and may be changed by the institute.
| Fee Range Group | Course | Total Fees |
|---|---|---|
| Above INR 20 Lakhs | EPGP | INR 26.77 Lakhs |
| Above INR 10 Lakhs | M.M.S | INR 14 Lakhs |
| Above INR 1 Lakh | IPBA | INR 3.78 Lakhs |
| Below INR 1 Lakh | FDP | INR 88,500 |
| Below INR 1 Lakh | Ph.D | INR 83,415 |
| Below INR 1 Lakh | MDP | INR 54,000 |
Subject to revision. Kindly check with the official sources to confirm
IIM Indore Refund and Withdrawal Policy
IIM Indore follows separate withdrawal steps for PGP and IPM admissions. A candidate who does not want to accept the offer must send the withdrawal request through the student portal before the deadline fixed by the institute.
| Refund Point | Rule |
|---|---|
| Withdrawal Process | Submit the withdrawal request through the IIM Indore student portal |
| Processing Fee | INR 1,000 |
| Refund | The payable refund is released after deducting the processing fee |
| Refund Account | Refund is sent to the bank account given by the candidate |
| IPM Refund Timeline | Refund is released within one month after processing |
Subject to revision. Kindly check with the official sources to confirm
IIM Indore Scholarships 2027
IIM Indore provides industry-sponsored merit scholarships for students with strong academic performance. The scholarship amount and selection rules depend on the sponsoring organisation and the student's academic record.
| Scholarship | Selection Basis | Scholarship Amount |
|---|---|---|
| SBI Scholarship | Given on the basis of academic performance in the first year of PGP | INR 1.50 Lakh |
| VE Commercial Vehicles Scholarship | Given on the basis of first-year PGP academic performance | INR 50,000 |
Subject to revision. Kindly check with the official sources to confirm
Note: IIM Indore and the sponsoring organisations decide scholarship awards using their stated criteria. Scholarship availability, eligibility and award amounts may change under the institute's latest rules.
IIM Indore Fees FAQs
Ques. Which IIM Indore students can apply for need-based financial help?
Ans. IIM Indore offers Need-Based Financial Assistance to PGP, PGP-HRM and IPM students whose yearly family income is below INR 12 Lakh. The final support amount is decided after checking family income, assets and financial need.
Ques. Is financial assistance adjusted before the first fee payment at IIM Indore?
Ans. Students should not treat the assistance as an automatic deduction before paying the initial fee. IIM Indore grants NBFA only after assessing financial need. Students must follow the payment and NBFA instructions issued for their batch. IPM aspirants also commonly discuss this first-payment concern before assistance is approved.
Ques. Are IIM Indore merit scholarships and fee waivers the same?
Ans. No. Need-Based Financial Assistance and merit or industry-sponsored scholarships are different. NBFA depends on financial need, while merit scholarships depend on academic performance and the rules of the specific scholarship.
Ques. Can a student with family income above INR 12 Lakh get IIM Indore NBFA?
Ans. IIM Indore states that PGP, PGP-HRM and IPM students with annual family income below INR 12 Lakh can apply for NBFA. A student above this income limit does not meet the stated condition for this assistance.
Ques. How does IIM Indore support IPM students worried about cost?
Ans. The five-year IPM can be costly for families, especially because the fourth and fifth years follow the prevailing PGP fee. IIM Indore includes eligible IPM students in NBFA if their annual family income is below INR 12 Lakh.
Ques. Can IIM Indore students use an education loan to pay fees?
Ans. Yes. Students may pay their program fees through an education loan. IIM Indore fee instructions also explain how loan-sanctioning banks can send the fee through the required NEFT/RTGS route.
Ques. Is NBFA available for IIM Indore IPM students?
Ans. Yes. IPM students are covered under IIM Indore's NBFA scheme if they satisfy the institute's rules, including the annual family income condition of below INR 12 Lakh.
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