Hello there

All the money in IIM gets covered in scholarships. And also much more of the expenses you can cover from the internships you would be getting during the first year itself.

If I talk about a very strict budget then you can survive in less than 4K per month. Even if you are getting everything more expensive and if you are not able to handle it then you can take loan without worry as you can pay them easily because your placements will be very good, it's just from my own point of view.

I hope it helps you!

Thank you!