fee and scholarship
ivi
Fees and Scholarships
Fees
The programme fee is INR 5.9 lakhs plus GST (includes 6-month stay on the ISB campus), with need-based scholarships available up to 4 lakhs.
Programme Expenses
ivi Fee Payment Schedule For 2024-25 (Tentative)
Admission Fee (partially refundable as per policy, refer to the offer letter)
| 1 | Admission fee (payable as per 'date of payment' as specified in the offer letter) | Rs 100,000 |
| 2 | GST @ 18% | Rs 18,000 |
| Total admission fee | Rs 118,000 |
Other fees: Students have the option of paying the other fees either in one or two installments as below
| Amount payable if paid in single installment | |||
| Shared Accommodation | |||
| Due on or before 03-09-2025 |
|||
| 1 | Tuition fee | 370,000.00 | |
| 2 |
Accommodation fee *Fee for shared accommodation is exempt from GST |
120,000.00 | |
| 3 | Taxable Amount | 490,000.00 | |
| 4 | GST @ 18% (*) | 66,200.00 | |
| 5 | Security Deposit (Interest free - refundable at the end of the academic year subject to recoveries if applicable) | 20,000.00 | |
| 6 | Total Payable (SI. No. 3 to 5) | 576,600.00 | |
| Amount payable if paid in two installments | |||
| 1st Installment | 2nd Installment* | ||
| Shared Accommodation | Shared Accommodation | ||
| Due on or before 03-09-2025 |
Due on or before 03-01-2026 |
||
| 3 | Tuition fee | 185,000.00 | 185,000.00 |
| 4 |
Accommodation fee *Fee for shared accommodation is exempt from GST |
60,000.00 | 60,000.00 |
| 5 | Taxable Amount | 245,000.00 | 245,000.00 |
| 6 | GST @ 18% (*) | 33,300.00 | 33,300.00 |
| 7 | Security Deposit (Interest free - refundable at the end of the academic year subject to recoveries if applicable) | 20,000.00 | |
| 8 | Total Payable (SI. No. 3 to 5) | 298,300.00 | 278,300.00 |
ISB reserves the right to accept delayed payment between September 4 to September 30 with a late payment fee of INR 10,000 plus taxes. The decision of authorized person of ISB shall be final in such cases.
You may download the details of the fee structure for the purpose of applying for an education loan.
- Taxes (*) shall be payable as per the rates applicable at the time of payment.
- Tuition fee waiver awarded, if any, shall stand withdrawn if the student withdraws from the programme before graduation or in case of any disciplinary action.
| Applicable academic year | 2024-2025 |
| Loan Amount |
Min ₹ 1 Lakh and Max Up to ₹ 1 Crore |
| Unsecured loan amount | ₹ 1 Crore |
| Rate of Interest* | 10.25% (REPO+ 3.75%) Current Repo as on date is 6.50% https://www.rbi.org.in/ |
| Type of Interest | Floating Rate of Interest linked to RBI’s Repo. |
| Processing fee | 0.75% + GST |
| Margin | No margin |
| Repayment Type in Moratorium | Simple Interest / EMI /Full Moratorium |
| Repayment Period after Moratorium | 10-12 Years after Moratorium |
| Principal /Moratorium period | Course Period + Up to 12 Months (Case to Case basis) |
| Pre-payment Charges | NIL |
| Part Payment Charges | NIL |
| Fore Closure Charges | NIL |
| Collateral/Security for Secured loan | House, Flat, Fixed Deposit and Existing HL with ICICI Bank can be Cross collateral |
| Insurance available (Optional) | ICICI Prudential/Lombard |
| Disbursement frequency | As per Institute, fee payment schedules. |
| Disbursement of Loan | Fees will be transferred directly to the Official Institute Payment Fee Account. |
| Co-borrower Relationships Accepted | Father/Mother/Spouse/Brother/Sister/Parents In Law /Grand parents |
| Co Applicant (Financial) Not Required | For Applicants with 2 years or more work experience, financial co- applicant is not required. |
| Co-Borrower Locations Accepted | As per the Bank’s Listed Location |
| Sapphiro Credit Card Offer | • Get 20,000 Reward Point every anniversary year • 2 Complementary International Airport Lounge per year • 4 Complementary Lounge access per quarter at select airport lounges • Up to 4 complementary rounds of Golf every month • Reward Points for domestic and international spends. |
| Contact Person | Prabhuchand Renukuntla 9182827488 prabhuchand.renukuntla@icicibank.com Hyderabad |
Apply directly scanning the below QR Code
Note: This is a special pricing rate linked to repo rate and applicable until further notice. Information concerning any of the above rates of interest and other loan conditions are subject to change. All loan sanctions are subject to bank’s internal policy from time to time.
| Maximum loan amount | Up to 10 Lakhs Unsecured |
| Interest rate | 8.00% Flat P.A. |
| Repayment period | Up to 24 months. |
| Co-borrower | Optional |
| Income Tax Benefit | NA |
| Margin | 2 Advance EMIs |
| Key Benefits |
Loan covers 100% of the cost Credit decision within minutes 100% digital process Co-borrower Flexibility – Multicity Co-Borrower Accepted |
|
Contact point |
Monk Capital Private Limited Dedicated Relationship Managers – Mrs. Sneha Kadni – 6309 631 666 Mr. Sairam Reddy – 6309 148 333 |
| Institution name | Indian School of Business |
| Programme name |
I-Venture Immersive (ivi) |
| Academic year | 2024-25 |
| Loan amount |
Up to Rs 7 lakhs |
| Rate of interest | 11.25% for unsecured | 10.5% for fully secured |
| Acceptable Security |
Immovable Property, Open Plot, Fixed Deposit |
| Loan tenure | 120 months |
| Repayment type |
Immediate EMI |
| Co-borrower | Father/Mother/Spouse |
| Income Tax Benefit |
Yes, under section 80E of the Income Tax |
| Margin | Nil |
| Key Benefits |
> Loan covers 100% of the cost up to 7 lakhs under unsecured, complete amount with security > Multicity Co-Borrower accepted > Preserve your family savings for emergencies and you may get better returns by investing > Empowers you to take your own financial responsibilities and build a good credit history |
| Contact point |
Level 1 - Prashanthi M Mobile: 9607993935 E-mail: prashanthi.mudhelli@hdfccredila.com Level 2 - Srija E Mobile: 9607006244 E-mail: srija.e@hdfccredila.com |
Scholarships
Category: Need based
How to Apply: No separate application is required. We will evaluate your 1-minute video pitch submitted during the application to assess your eligibility.
Scholarship Amount: Up to INR 4 lakhs
Mode of Disbursal: Waiver