Subrato Chatterjee Content Writer
Content Writer | Updated On - Feb 8, 2026
IIM Raipur announces ₹21.23 lakh MBA fee; term-wise payment, hostel, mess, and deposit details explained clearly.
Indian Institute of Management Raipur (IIM Raipur) has officially released the MBA/PGDM (PGP) fee structure for the 2026–28 batch, detailing term-wise academic charges, hostel expenses, and other mandatory costs.
The institute has shared a complete breakup for both years so that selected candidates can plan finances in advance. The total academic fee stands at ₹21.23 lakh, while mess, insurance, and deposits are payable separately. Students must pay fees at the beginning of every trimester as per the schedule.
How Much Are the First-Year Fees?
The first-year fee includes academic charges, hostel/lodging, and student activity fees. Students must pay the amount at the start of each trimester as per the schedule.
First Year (Term 1–3)
| Particulars | 1st Term (₹) | 2nd Term (₹) | 3rd Term (₹) | Total (₹) |
|---|---|---|---|---|
| Academic Fees | 3,41,000 | 3,00,000 | 3,00,000 | 9,41,000 |
| Lodging Charges | 23,500 | 23,500 | 23,500 | 70,500 |
| Students Association Fees | 7,000 | – | – | 7,000 |
| Alumni Activities Charges | 11,000 | – | – | 11,000 |
| Total (1st Year) | 3,82,500 | 3,23,500 | 3,23,500 | 10,29,500 |
*One-time refundable caution deposit: ₹30,000
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Second Year (Terms 4–6)
| Particulars | 4th Term (₹) | 5th Term (₹) | 6th Term (₹) | Total (₹) |
|---|---|---|---|---|
| Academic Fees | 3,00,000 | 3,00,000 | 3,00,000 | 9,00,000 |
| Lodging Charges | 23,500 | 23,500 | 23,500 | 70,500 |
| Total (2nd Year) | 3,23,500 | 3,23,500 | 3,23,500 | 9,70,500 |
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Apart from tuition and hostel fees, candidates must consider these extra mandatory costs:
- Boarding (Mess) Charges: ₹17,300 per trimester
- Medical Insurance: approx. ₹1,500 per year
- Caution Deposit: ₹30,000 (one-time, refundable)
- Twin-sharing hostel accommodation provided to all MBA students
The institute has clarified that the ₹1,00,000 paid during admission acceptance will be adjusted in the first-term fee.
Students must pay the term-wise amount at the beginning of each trimester. Delays may attract penalties as per institute norms.
The institute also mentioned that fees are subject to revision, so candidates should regularly check official updates.
Candidates are advised to check the official website and collegedunia.com for the latest updates.
Also Read:
- IIM JAP 2026 Calls Out @jap2026.iimraipur.edu.in; Check Now
- IIM Ahmedabad Concludes Cluster 2 Placements 2026; 29 Firms Across Sectors Participate
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