IIM Ranchi provides a range of financial assistance options including educational loans and scholarships. The total cost of the MBA program is approximately INR 15-17.9 lakhs, inclusive of tuition, hostel, and other charges. Loans are easily accessible from major banks like SBI, PNB, CBI, UBI, and more, often with low interest rates and without collateral due to the institute's AA category status.
The loan process is streamlined, with banks often offering loans within 2-3 days of application. Scholarships are available to meritorious students, including the OP Jindal Scholarship, and government scholarships through the National Scholarship Portal. Merit-cum-means scholarships are also available, providing fee waivers for eligible students. Despite the high fees, the college's strong placement record and financial assistance options help mitigate the financial burden.











.png?h=78&w=78&mode=stretch)
.png?h=78&w=78&mode=stretch)

![Xavier Institute of Social Service - [XISS]](https://image-static.collegedunia.com/public/college_data/images/appImage/19267_XISS_APP.jpg?h=111.44&w=263&mode=stretch)

![Institute of Science and Management - [ISMR]](https://image-static.collegedunia.com/public/college_data/images/appImage/1616073165Cover.jpg?h=111.44&w=263&mode=stretch)

![Birla Institute of Technology - [BIT] Lalpur](https://image-static.collegedunia.com/public/college_data/images/appImage/56068_BITTL-001.jpg?h=111.44&w=263&mode=stretch)

![Institute of Management Studies, Ranchi University - [IMS]](https://image-static.collegedunia.com/public/college_data/images/appImage/1493976027image4xodgFZ6.jpg?h=111.44&w=263&mode=stretch)



![Nilai Institute of Management - [NIM]](https://image-static.collegedunia.com/public/college_data/images/appImage/1495696060cvr.png?h=111.44&w=263&mode=stretch)

![Kejriwal Institute of Management & Development Studies - [KIMDS]](https://image-static.collegedunia.com/public/college_data/images/appImage/1540552922KIMDSCOVER5.jpg?h=111.44&w=263&mode=stretch)

![MBA/PGDM | admission | 2024 | Narsee Monjee Institute of Management Studies - [NMIMS Deemed to be University]](https://image-static.collegedunia.com/public/college_data/images/logos/1506323004Logo.jpg?h=72&w=72&mode=stretch)




![MBA/PGDM | admission | 2024 | Indian Institute of Management - [IIMC]](https://image-static.collegedunia.com/public/college_data/images/logos/1488950580d2.png?h=72&w=72&mode=stretch)














.png?h=72&w=72&mode=stretch)
.png?h=72&w=72&mode=stretch)

.jpeg?h=72&w=72&mode=stretch)



![Indian Institute of Management - [IIM]](https://image-static.collegedunia.com/public/college_data/images/logos/col30779.png?h=72&w=72&mode=stretch)
![FORE School of Management - [FSM]](https://image-static.collegedunia.com/public/college_data/images/logos/1638621630logo.png?h=72&w=72&mode=stretch)
![Indian Institute of Management - [IIMN]](https://image-static.collegedunia.com/public/college_data/images/logos/1571296491logo22.jpg?h=72&w=72&mode=stretch)
![Department of Business Economics, University of Delhi - [DBE]](https://image-static.collegedunia.com/public/college_data/images/logos/1425462742Capture.jpg?h=72&w=72&mode=stretch)
![Institute of Science and Management - [ISMR]](https://image-static.collegedunia.com/public/college_data/images/logos/1744360296Screenshot20250411135725.png?h=72&w=72&mode=stretch)
![Indian Institute of Management - [IIMU]](https://image-static.collegedunia.com/public/college_data/images/logos/1756799898Logoo.png?h=72&w=72&mode=stretch)





![Indian Institute of Management - [IIMBG]](https://image-static.collegedunia.com/public/college_data/images/logos/1614920068IIMBGLOGOWithSpace011300x214.jpg?h=72&w=72&mode=stretch)




Comments
Found 2 Comments
There are various scholarships available at the IIM Rnachi such as National Fellowship and Scholarship for Higher Education of ST Students(INR 31,000), Merit-cum means based Scholarship Scheme belonging to the Minority Communities(INR 20,000), Central Sector Scholarship Scheme of Top Class Education for SC Students, Scheme of Scholarship for Top Class Education for Students with Disabilities(Up to 2 lakhs per year), Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education(12,000 (Graduation Level)
20,000 (Post Graduation Level))
There is one scholarship offered to the SC Candidates. The scholarship is Central Sector Scholarship Scheme of Top Class Education for SC Students. The scholarship amount can go upto 2 lacs per year.