IBA offers three types of hostel accommodations: triple sharing, double sharing, and single rooms, with annual fees of Rs. 84,000, Rs. 96,000, and Rs. 110,000 respectively. Separate facilities are provided for boys and girls, and all students are required to reside on-campus due to the full-time residential nature of the MBA and PGDM programs. The hostels feature a mix of attached and common bathrooms, with clean, well-maintained rooms that include basic furniture like beds, desks, and wardrobes.
The infrastructure is decent but lacks air conditioning, and issues with hard water have been noted. Recreational facilities such as a gym, game room, and night canteen are available. The mess provides exclusively vegetarian meals with a daily-changing menu, and the quality is generally considered average. Some dissatisfaction exists regarding the lack of non-vegetarian options and the enforcement of strict rules and fines for infractions. Overall, the hostel offers a satisfactory environment with necessary amenities, though improvements in food quality and water supply are suggested.

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