Upasana Tiwari Content Writer
Content Writer | Updated On - Jan 29, 2026
IIM Indore has announced the MBA 2026 fee structure, detailing year-wise course fees, deposits, and instalments. Check the detailed breakup below.

Indian Institute of Management Indore, popularly known as IIM Indore, has officially released the fee structure for its 2-year Post Graduate Programme in Management (PGP) and PGP in Human Resource Management for the PGP Batch 2026-28 (Academic Year 2026-27 & 2027-28) batch. The PGP Program at IIM Indore is equivalent to an MBA program.
Read More: IIM Indore Courses & Fees 2026
According to the official notification of IIM Indore, the total academic fee for Indian candidates ranges approximately from INR 21.86 lakh to INR 25.16 lakh. The fee structure includes course fee, alumni fee (including 18% GST), refundable caution deposits, and mess deposit.
IIM Indore MBA Fees 2026 (1st Instalment)
Tabulated below is the MBA fee structure for Indian students through CAT:
| Head | Total | Installment 1 | Installment 2 | Installment 3 |
|---|---|---|---|---|
| Course Fee | INR 12,00,000 | INR 4,00,000 | INR 4,00,000 | INR 4,00,000 |
| Alumni Fee + GST @ 18% | – | – | – | – |
| Refundable Caution Deposit* | INR 50,000 | INR 50,000 | – | – |
| Mess Deposit** | INR 54,000 | INR 18,000 | INR 18,000 | INR 18,000 |
| INR 13,04,000 | INR 4,68,000 | INR 4,18,000 | INR 4,18,000 |
Read more: IIM Indore Cutoff 2025: Check Category-wise and Round-wise Cutoff
IIM Indore MBA Fees 2026 (2nd Instalment)
| Head | Total | Installment 4 | Installment 5 | Installment 6 |
|---|---|---|---|---|
| Course Fee | INR 12,00,000 | INR 4,00,000 | INR 4,00,000 | INR 4,00,000 |
| Alumni Fee + GST @ 18% | INR 11,800 | – | – | INR 10,000 + INR 1,800 |
| Refundable Caution Deposit* | – | – | – | – |
| Mess Deposit** | – | – | – | – |
| INR 12,11,800 | INR 4,00,000 | INR 4,00,000 | INR 4,11,800 |
Candidates must note that the caution deposit and mess deposit are refundable at the time of completion of the course and are separate from tuition. However, Mediclaim insurance policy charges will be based on actuals and will be deducted from the caution deposit.
IIM Indore MBA HRM Fees 2026
Accordig to the pfficial notification, candidates should note that the mess fee is optional for the students of MBA HRM students. Below is the table showing IIM Indore MBA Human Resource Management two year fee.
First year Fees
| Components | Academic Year | Installments | ||
|---|---|---|---|---|
| 2026-27 | 1 | 2 | 3 | |
| Course Fee | INR 10,35,000 | INR 3,45,000 | INR 3,45,000 | INR 3,45,000 |
| Refundable Caution Deposit* | INR 50,000 | INR 50,000 | – | – |
| Mess Deposit | INR 54,000 | INR 18,000 | INR 18,000 | INR 18,000 |
| Grand Total | INR 11,39,000 | INR 4,13,000 | INR 3,63,000 | INR 3,63,000 |
Second Year Fees
| Components | Academic Year | Installments | ||
| 2027-28 | 1 | 2 | 3 | |
| Course Fee | INR 10,35,000 | INR 3,45,000 | INR 3,45,000 | INR 3,45,000 |
| Alumni Fee including GST @18% | INR 11,800 | – | – | INR 11,800 |
| Grand Total | INR 10,46,800 | INR 3,45,000 | INR 3,45,000 | INR 3,56,800 |
Read More: IIM Indore Releases IPM Fee Structure 2026; Total Academic Fee ₹38.3 Lakhs
| Direct Link: IIM Indore MBA Fee Structure 2026 |
Course Fee to be paid to the IIM Indore account:
- Paid to Account Holder Name: Students mess committee, IIM Indore
- Bank Name: HDFC Bank Limited
- Account Number: 50200070700330
- IFSC Code: HDFC0002140
- Branch: Rau, Indore
Candidates are advised to check the official website of the IIM Indore and collegedunia.com for the latest updates.
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