Dear Sanskar, yes there is a scholarship program in IIM Indore. IIM Indore provides some sort of relaxation in fees for financially poor students. And also provides them many free facilities for the initial three years of the course. Need based Financial Assistance (NBFA). This is a fee waiver based on the income level of the parent. All students whose family income is less than 9L per annum are eligible. The amount of fee waiver depends on factors like how low the family income.

Also ,the Institute awards an INR 1.5 lakhs Scholarship for Outstanding Academic Performance in the 4th Year of Integrated Programme in Management at the end of 5 years.

Moreover you can easily get loan for your fees which you can repay after your completion of course.

All the best

Hope this helps

IIM Indore offers need based financial assistance. It is called as NBFA at IIM Indore. This is for Candidates whose annual income from all sources is less than 9 lakhs. For more information, please visit their official page at: https://www.iimidr.ac.in/academic-programmes/post-graduate-program-in-management/need-based-financial-assistance-nbfa/

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