IIFM Bhopal Scholarship 2025

Bhopal, Madhya PradeshAutonomous UniversityEstd 1982

IIFM Bhopal Scholarships: Students' Opinion

AI-Generated Summary based on 15 Reviews

The scholarship and loan facilities at IIFM are robust and cater to a variety of students. Students from the 2002-2004 batch received a stipend of INR 1500 per month, and currently, top 20% performers receive a stipend of INR 5000 per month. Scholarships are available for the top 10 rank holders in the general category and specific numbers for reserved categories: 2 for ST, 3 for SC, and 5 for OBC students, based on the 1st and 4th term results, with an amount of around INR 50,000.

The government provides scholarship facilities to deserving SC/ST students, and students from backward communities receive monthly stipends. The college's affiliation with leading banks, including an SBI branch on campus, facilitates easy access to education loans with low-interest rates, notably an interest rate of 8.4% from Indian Bank. The college's AA rating by banks allows students to avail loans up to INR 7,50,000 from SBI without security.

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 By Collegedunia’s Personal AI

Why To Join IIFM Bhopal - Reviews & Rating

4.4
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(53%)
4(33%)
3(0%)
2(7%)
1(7%)

Academic
4.3
Faculty
4.3
Infrastructure
4.5
Accommodation
4.7
Social Life
4.5
Placement
3.9

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Prakriti Pandey
3.9Helpful
Reviewed on Jun 13, 2020

Fees and Financial Aid:

Yes college offers scholarships for the 1st 10 rank holders (general category) there are separate scholarships for 2 students belonging to ST category, 3 students belonging to SC category and 5 students belonging to OBC category. The scholarship is given on the basis of 1st term and 4th term results. Scholarship amount is around 50, 000 INR
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Moinak Goswami
4.6Helpful
Reviewed on Feb 29, 2020

Fees and Financial Aid:

Students belonging to backward communities irrespective of scores are stiphened by the government via the institute on monthly basis. Top 10 scorers including reservation will be availinh scholarship rewarded by the institute. The college is rated AA by banks hence a loan amount of 7,50,000 can be availed from SBI without any security distress.
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Manmeet Kaur
Manmeet Kaur
4.0Helpful
Reviewed on Feb 16, 2020

Fees and Financial Aid:

One can easily avail the loan in the name of IIFM, it falls in category A of certain banks like the SBI. To compare bank rates of a couple of them before deciding and also check for the college's name in premier lists of the banks- there's less ROI that one needs to pay for such colleges.
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Arzoo Singh
Arzoo Singh
4.9Helpful
Reviewed on Feb 16, 2020

Fees and Financial Aid:

Education loan from SBI is a preferred option as it has tied up with IIFM. The education loan can be easily availed.
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Suchitra Acharya
4.3Helpful
Reviewed on Oct 3, 2019

Fees and Financial Aid:

Scholarship is offered at the end of 1st year and 2nd year based on the performance in the whole year. Loan facilities can be availed from any bank. Most of the banks have this college listed in A category college so it's not difficult to get loan. Indian Bank also had it in A category last year and charge interest rate of 8.4%. Don't know if it has changed
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Abhishek Kumar
5.0Helpful
Reviewed on Sep 27, 2019

Fees and Financial Aid:

The students scoring well in the exams and getting a place in the top 20% of the batch, receive a stipend of Rs. 5000 per month. Various banks offer loans to the students. I know of some batchmates who opted for a loan from SBI bank associated with the college. There are other scholarship options for students from various states and reserved categories.
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Gurjeet Singh Rana
Gurjeet Singh Rana
4.3Helpful
Reviewed on Feb 9, 2019

Fees and Financial Aid:

I have not opted for any scholarship or education loan. But some of my colleagues have opted for loans and scholarships. Top 20 percent of the batch gets a scholarship from the MoEFCC. Some students are also availing SC/ST scholarship by the Center. Students of the reserved category have to pay almost half the fees compared to general category students. One can apply for an education loan to any bank after showing the acceptance of application from IIFM.
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Ankit Pingle
Ankit Pingle
4.3Helpful
PGDFM
Reviewed on Jan 26, 2016

Fees and Financial Aid:

The fees is viable to all bank loans facilities. There is a sbi branch inside college camous, which provides loan without much hassle.
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Deepanjan Kundu
4.7Helpful
PGDFM
Reviewed on Dec 30, 2015

Fees and Financial Aid:

Yes there now is Stipend scheme in place plus if a student gets selected in IIFM then he becomes eligible for SBI's scholar loan, at quite low interest rates.
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Ritika Agarwal
4.5Helpful
PGDFM
Reviewed on Nov 30, 2015

Fees and Financial Aid:

No idea about it. As I was not offered any such scholorship nor I took loan from Bank so I have no idea. But one call the institute and ask about it.
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Comments


Found 1 Comment

A
aarti
Mar 20, 2024 13:16
Does IIFM Bhopal offers scholarships?
S
Sweta Kumari
Apr 4, 2024 14:34

Yes, the IIFM Bhopal offers scholarships for the 1st 10 rank holders (general category) there are separate scholarships for 2 students belonging to the ST category, 3 students belonging to the SC category, and 5 students belonging to the OBC category. The scholarship is given on the basis of 1st-term and 4th-term results. The scholarship amount is around INR 50, 000. Students belonging to backward communities irrespective of scores are stipends by the government via the institute on a monthly basis. The top 10 scorers including reservation will be availing scholarships rewarded by the institute.


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