Alkesh Dinesh Mody Institute for Financial and Management Studies Mumbai Scholarship 2026

Alkesh Dinesh Mody Institute offers various scholarships and loan facilities for its students. Scholarships are available for reserved category students, including SC, ST, and OBC, with government rules and regulations guiding the allocation. SC/ST students often receive 100% scholarship when proper documentation is submitted, while OBC students get a 50% fee reimbursement. Scholarships are also available for students from minority communities like Jain, Muslim, and Sikh, with a Rs 25,000 scholarship for those with an income below Rs 2.5 lakh.

Students from economically backward backgrounds with an income below Rs 1 lakh are also eligible for scholarships. Additionally, the Maha DBT scholarship offers financial assistance to eligible students, and students can benefit from direct bank transfers. For MBA programs, the fee is Rs 1.50 lakh per year, totaling Rs 3 lakh for the entire course, and students with over 85% merit can avail themselves of scholarships. The undergraduate program fees for the open category do not exceed Rs 20,000 per year, with a total cost of approximately Rs 60,000 for three years, while reserved category students pay significantly lower fees.

Education loans are available through various Indian banks like the State Bank of India and Bank of Baroda, and students can apply with ease for these financial aids through the mahadbt.gov.in website.