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IIM Indore Fees 2027: Course-Wise Fee Structure (Annual & Total)

Last Updated on 10 Nov 2026

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IIM Indore fees vary by programme: the PGP course fee is ₹12 lakh per year, and PGP-HRM is ₹10.35 lakh annually. The IPM course fee is ₹6 lakh per year for the first three years, with PGP fees applicable in the fourth and fifth years. The EPGP programme fee is ₹26.40 lakh. 

Students also need to pay mess deposits, caution deposits, alum fees, insurance and other programme-specific charges. This page provides a programme-wise breakdown of IIM Indore fees, including PGP, PGP-HRM, IPM, EPGP, PGPMX and doctoral programmes, along with hostel and mess charges, scholarships and need-based financial assistance.

Table Of Contents

IIM Indore Fees for PGP

The annual course fee is ₹12 lakh. The first year also includes the refundable caution deposit and mess deposit, while the second year includes the alum fee. The two-year course fee is ₹24 lakh.

Fee Component

PGP-I (2026-27)

PGP-II (2027-28)

Course Fee

₹12,00,000

₹12,00,000

Refundable Caution Deposit

₹50,000

—

Mess Deposit

₹54,000

—

Alum Fee including GST

—

₹11,800

Total

₹13,04,000

₹12,11,800

The course fee does not include textbooks, insurance and actual mess expenses. The caution deposit is refundable after applicable deductions.

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IIM Indore Fees for PGP-HRM

The PGP-HRM course fee is ₹10.35 lakh per year. The first-year payment includes the caution and mess deposits, while the second year includes the alum fee.

Fee Component

First Year (2026-27)

Second Year (2027-28)

Course Fee

₹10,35,000

₹10,35,000

Refundable Caution Deposit

₹50,000

—

Mess Deposit

₹54,000

—

Alum Fee including GST

—

₹11,800

Total

₹11,39,000

₹10,46,800

The two-year course fee is ₹20.70 lakh, excluding refundable and mess-related deposits.

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IIM Indore Fees for PGPMX

The total programme fee is Rs. 17,60,000/- (Rupees Seventeen Lakh Sixty Thousand only). Students must pay a Commitment Fee of Rs. 1,00,000/- when accepting the Institute's admission offer. The remaining fee is payable term-wise before the commencement of each term, as detailed below.

Fee Particulars

Amount (Rs.)

Commitment Fee

1,00,000

Term 1

2,85,000

Term 2

2,75,000

Term 3

2,75,000

Term 4

2,75,000

Term 5

2,75,000

Term 6

2,75,000

Alum Fee*

10,000

Total Programme Fee

17,60,000

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IIM Indore Fees for EPGP

For the EPGP course, the total fee for Indian nationals is ₹26,76,800. The programme fee includes lodging and boarding, while international travel expenses are charged separately.

Fee Component

Indian Nationals

Programme Fee

₹26,40,000

Refundable Caution Deposit

₹25,000

Alumni Membership Fee with GST

₹11,800

Commitment Fee

₹1,00,000

Total Fee

₹26,76,800

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IIM Indore Fees for IPM

The first three years have an annual course fee of ₹6 lakh. The fourth and fifth years follow the applicable PGP fee structure for those academic years.

Fee Component

IPM 1st Year

IPM 2nd Year

IPM 3rd Year

Course Fee

₹6,00,000

₹6,00,000

₹6,00,000

Refundable Caution Deposit

₹50,000

—

—

Mess Deposit

₹54,000

₹54,000

₹54,000

Grand Total

₹7,04,000

₹6,54,000

₹6,54,000

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IIM Indore Fees for PhD

IIM Indore's doctoral programmes follow different fee structures. The DPM is fully funded, and selected students must pay a ₹75,000 commitment fee. The institute also provides fellowship support and free boarding and lodging subject to programme norms.

Doctoral Programme

Fee/Financial Requirement

DPM

₹75,000 commitment fee

EDPM

₹15,00,000 total programme fee

EDPMG

₹9,80,000 total programme fee

The DPM commitment fee is subject to the institute's refund conditions. IIM Indore currently provides a fellowship of ₹40,000 per month during coursework and ₹45,000 per month after clearing the area comprehensive examination, subject to norms.

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IIM Indore Hostel Fees and Mess Charges

IIM Indore hostel fees are reported to be ₹ 70,000 per year for single-occupancy rooms with attached bathrooms. Hostel facilities include internet and laundry services. Female students are accommodated in designated blocks with additional security measures. The mess charges are listed at ₹ 54,000 per year, with the amount adjustable against actual consumption.

Students opting for air-conditioned rooms pay an additional ₹ 20,000 per year. Guest rooms for parents are available at ₹ 2,000 per night. Hostel allocation prioritises first-year students, while maintenance supports facilities such as gyms and common lounges.

Fee Component

Amount (₹)

Frequency

Notes

Hostel Fee

70,000

Annual

Single room with attached bathroom; utilities included

Mess Deposit

54,000

Annual

Adjustable against actual mess bills

Caution Deposit

50,000

One-time

Refundable

Medical Insurance

700

Annual

Charged as per applicable terms

AC Room Charges

20,000

Annual

Additional charge for AC accommodation

Guest Room

2,000

Per night

Applicable for parents/guests

Note: The hostel, AC room, guest-room and medical-insurance amounts mentioned above are not based on a currently verified official IIM Indore fee document and may change. Candidates should check the latest official IIM Indore fee notification before relying on these figures.

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Scholarships and Financial Assistance on Fees of IIM Indore

IIM Indore offers merit-based scholarships, industry-sponsored scholarships and need-based financial assistance to eligible students. The institute provides financial support to both PGP and IPM participants, with the amount and number of awards varying by scholarship and academic year. 

For students facing financial constraints, the Need-Based Financial Assistance (NBFA) scheme is available to PGP and IPM students who meet the prescribed income and other eligibility criteria.

Scholarship/Financial Assistance

Programme

Amount/Benefit

Need-Based Financial Assistance (NBFA)

PGP & IPM

-

NBFA Merit Award

PGP & IPM

Can equal the tuition fee for the year

IIM Indore Scholarship

IPM

₹1,50,000

Late Adya Prabha Memorial Scholarship

IPM

-

SBI Scholarship

PGP

₹1,50,000

Eicher Scholarship

PGP

₹50,000

Bank of Baroda Achievers Award

PGP

₹31,000

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IIM Indore Fees FAQs

The IIM Indore PGP (MBA) course fee is ₹24 lakh. Students also need to pay applicable charges such as the refundable caution deposit, mess deposit and alums fee.

For the first three years of IPM, the annual course fee is ₹6 lakh. The fourth and fifth years follow the applicable PGP fee structure. Mess deposits and other applicable charges are separate.

For PGP, the official programme information states that the course fee includes lodging. However, mess fees, textbooks, insurance and other applicable expenses are not included in the course fee.

For PGP and PGP-HRM, the first-year mess deposit is ₹54,000, paid in three instalments of ₹18,000. This amount is adjusted against the actual mess bills.

IIM Indore offers Need-Based Financial Assistance (NBFA) along with institute-level and industry-sponsored scholarships. IPM students can also receive scholarships based on academic performance, subject to the applicable eligibility criteria.

The PGP-HRM course fee is ₹10.35 lakh per year. The fee structure also includes applicable charges such as a ₹50,000 refundable caution deposit and ₹54,000 mess deposit in the first year.

The EPGP programme fee is ₹26.40 lakh. Including the applicable caution deposit, alum membership fee and commitment fee, the total listed fee for Indian nationals is ₹26.76 lakh.

The ₹50,000 caution deposit is refundable, subject to deductions for applicable dues and insurance. Course fees and other charges are governed by the refund rules applicable to the respective programme.
Virendra Soni

Virendra Soni

Virendra heads SEO & Content at LPT. A writer at heart, he focuses on building exam-focused content that informs, guides, and supports aspirants in their preparation journey.