PGP MFAB Fees and scholarships
PGP MFAB
Fees and Scholarships
Programme Fee Schedule
PGP MFAB programme fee for the academic year 2026-27 is ₹50,20,840 (Inclusive of GST). This fee includes tuition, course materials, meals, accommodation during residencies, lodging for the international immersion programme, and lifetime access to the Learning Resource Centre (LRC) and recreation centre
It does not include travel costs from your home location to both ISB campuses or travel to the international site for the immersion programme
Instalment-wise Fee Payment Schedule
| Instalment | Amount (₹) | GST (₹) | Total (₹) | Due Date |
| Admission Fee | ₹3,00,000 | ₹54,000 | ₹3,54,000 | As per the admission offer |
| 1st Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | June 15, 2026 |
| Security Deposit (Refundable) | ₹20,000 | — | ₹20,000 | June 15, 2026 |
| Alumni Association Membership (Optional) | ₹25,000 | ₹4,500 | ₹29,500 | June 15, 2026 |
| 2nd Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | September 30, 2026 |
| 3rd Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | January 31, 2027 |
| 4th Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | June 15, 2027 |
Summary of Total Fee
Programme Fee without GST: ₹42,13,000
GST (18%): ₹7,62,840
Total Programme Fee inclusive of GST: ₹50,20,840
Security Deposit
All candidates will be required to pay a refundable security deposit of ₹20,000 along with the first instalment. This amount will be returned upon successful programme completion after adjusting for any outstanding dues.
Alumni Association Membership (Optional)
ISB boasts an expansive and vibrant alumni network of over 16,000 graduates across all its programmes, with 1,000+ alumni engaged in family businesses and entrepreneurship. Participants may opt for a one-time Alumni Association Membership of ₹25,000 + taxes. This facilitates lifelong networking opportunities and access to alumni resources.
For more information about alumni privileges, please visit our Alumni Privileges page.
Additional Expenses (Not Included in Programme Fee)
Participants may incur the following out-of-pocket expenses during the programme:
- Travel between your location and the ISB campuses
- Travel to the international immersion programme location
- Accommodation during field trips and associated travel
- Laptops or other electronic aids recommended by the Programme Office
- Miscellaneous expenses like mini bar, laundry, beverages, meals outside campus
Access to a Family Legacy Workshop
The Thomas Schmidheiny Centre for Family Enterprise (ThS_CFE) at ISB conducts a three-day workshop on family business, which focuses on managing growth and transformation for legacy businesses. A senior member from the programme participant’s family can attend the workshop for no additional cost.
Important Notes
- ISB reserves the right to revise the programme fee.
- Programme fees are quoted in Indian Rupees (INR). International participants may remit fees in foreign currency based on the prevailing exchange rate.
- The total fees (admissions fee + tuition fees + accommodation fee + other components) of the programme remain unchanged, irrespective of the changes in the delivery format, which can be offline, online or hybrid.
- Any refunds are subject to the refund policy prevailing at the time of seeking the same.
- It is mandatory for all participants to stay in school-sanctioned accommodation during on-campus residencies.
- All participants must possess a personal laptop for coursework, the minimum specifications of which will be sent before the programme start date.
ISB partners with various banks to provide loan options, helping students finance their education and easing their financial burden.
|
Maximum Loan Amount |
Rs. 50 lacs |
| Margin Money |
Nil |
| Repayment Period | 15 Years(Excluding Moratorium i.e. Course Period+1 Year) |
| Moratorium period | Course period + 1 Year |
| Rate of Interest |
For Loans upto Rs. 20Lakhs: 8.05% For Loans above Rs. 20Lakhs: 8.10% |
| Processing Fee Amount | Nil |
| Insurance Cover | Insurance Cover included Equivalent to Loan Amount for repayment Period |
| Collateral / Security | No collateral security, except assignment of present as well as future income of the student |
| Co-borrower | No Co- Borrowers |
| Pre-payment Charges | Nil |
| Contact Point |
1. Gachibowli -Branch Mr.Sourabh Shulka Chief Manager, Branch Head Mobile No:6304903723. Mail ID : bmhyde3811@centralbank.co.in 2.Kukatpally Branch Mr.T. Vivekanand Senior Manager, Branch Head Mobile No:6304903731 Mail ID : bmhyde3856@centralbank.co.in 3.Credit Dept./RAC Mr.Sameer Ghormade,Chief Manager,RAC/Credit Incharge Mobile No: 7262081444 Mail Id : : rachydero@centralbank.co.in 4. Madhapur Branch K. Shailesh Manager Mobile No: 9494929829 |
|
Maximum Loan Amount |
Up to 45 Lakhs (Unsecured/Secured options available) |
| Interest Rate |
8.25% |
| Repayment Period |
Up to 168 months. |
| Acceptable Security/Collateral |
Immovable Property, Fixed Deposit. |
| Co-borrower | Father, Mother, Spouse. |
| Repayment | Immediate EMI |
| Income Tax Benefit | Yes, possible under section 80E of the Income Tax |
| Margin | NIL |
| Key Benefits |
Loan covers 100% of the cost Co-borrower Flexibility – Multicity Co-Borrower Accepted Education loan at your Door Step Repayment tenor up to 14 years Preserve your family savings for emergencies and you may get better returns by investing. Empower you to take your own financial responsibilities and also build a good credit history. |
| Insurance | For Unsecured Loans |
| Contact Point |
Mr. Pradeep Nag Singh – 7799834111 Email : pradeepnags@hdfccredila.com Mr. Dibyananad Behera – 7391058833 Email : dibyananda.behera@hdfccredila.com OR Email: prasadr@hdfccredila.com For any Queries Elink: https://hdfccredila.viewpage.co/mba_ISB |
IDFC FIRST Bank Education loan will carry unique features and conveniences like:
- Unsecured loans of up to Rs. 40 lakh*
- Faster Approvals
- Up to 100% financing (with living expenses)
- Income Tax benefits under section 80E
- Widest range of pre-approved courses
- Personalized loan solutions
- Attractive & competitive interest rates
| Maximum loan amount | Rs.50 Lakhs (incl GST) |
| Margin Money | 0 |
| Course Period | 18 Months |
| Repayment Period | 180 Months |
| Moratorium Period | Course Period+1 month moratorium |
| Rate of Interest (EBLR+CRP+BSP=8.55% + CRP+BSP | 8.00% Floating (co-borrower mandatory) after 0.60% concession |
| Repayment Options | Servicing the interest during course period and Moratorium Period to be mandatory. |
| Processing Fee Amount | NIL |
| Insurance Cover |
Life Insurance of the student will be covered under Rinn Raksha scheme or any other scheme in vogue in SBI from time to time. Premium will be a part of the expenses considered for total loan amount |
| Collateral Security | Nil |
| Co-borrower | Mandatory for Part Time Course |
| Pre-payment Charges | NIL |
| Contact Point |
SBI HUC Br Hyderabad 05916: 1. Mr. Balla Dayakar, Chief Manager: 9949031301 2. Mr. A Harinath, Manager: 8008179998 3. Miss. Anmol Mohan, Field Officer: 7032659200 4. Mr. Likhith, Special Point of Contact: 7893879124 Mohali Main Branch: Mr. Deepak Kumar (Branch Head) Phone No: 9766939993 Ms. Konica Sharma (Deputy Branch Head) Phone No: 9816650471 Mr. Ajay Sood (Coordinator Ed. Loans) Phone No: 7508128080 Email ID: SBI.01828@SBI.CO.IN |
| Branch Address |
STATE BANK OF INDIA, EMAIL: sbi.05916@sbi.co.in |