PGP Fees and Scholarships
PGP
Fees and Scholarships
Financial Aid
We believe that talent and potential, not financial circumstances, should determine your ability to attend ISB. Our comprehensive financial support ensures that promising leaders can access world-class business education. Each year, approximately 25% of our PGP students receive financial support. For those with significant financial needs, we offer full tuition aid covering on-campus expenses.
Category | Name of the scholarship | Description | How to Apply? | Scholarship as % of Tuition Fee | Mode of Disbursal |
Merit | Prof.Manasa Mandava Memorial Scholarship | Awarded to a woman applicant high on merit. It will be awarded in two tranches, the first tranche 25% of the tuition fee at the start of the programme and the second after completion of the core terms. | No separate application required | 50% | Waiver |
Merit | ISB Merit Waiver | All applicants will automatically be considered for the available merit-linked tuition waivers. | No separate application required | 25%-100% | Waiver |
Diversity | ISB Merit by Diversity Waiver | The applicants coming from diverse backgrounds in education or profession and high on merit will be considered. | No separate application required | 25%-100% | Waiver |
Need | ISB Need-based Waiver | Family income up to INR 8 lakhs (including applicant’s pre-ISB income) | Essay and Proof of income for self and family | 100% | Waiver |
Need | ISB Need-based Waiver | Family income higher than INR 8 lakhs and up to INR 20 lakhs (including applicant’s pre-ISB income) | Essay and Proof of income for self and family | 75% | Waiver |
Diversity | Bridge to India Waiver | Applicants who are currently working abroad and are planning to come back to India can apply. | Essay | 25% | Waiver |
Diversity | Armed Forces Scholarship | Awarded to up to 6 Armed Forces veterans who transitioned to civilian life within the previous two years, or officers transitioning with a release order. | Separate application required | 50% | Waiver |
Diversity | Serving IAS Officers Scholarship (Full Scholarship) | Awarded to up to 3 serving IAS officers with 2 or more years of service, with an undertaking to return to government service after the PGP. | Separate application required | 100% | Waiver |
Category | Name of the scholarship | Description | How to Apply? | Scholarship as % of Tuition Fee | Scholarship Amount in Lakhs | Mode of Disbursal |
Merit | Bajaj Auto Scholarship | Bajaj Auto sponsors three merit-based scholarships. The awardees of this scholarship are known as "Bajaj Auto Scholar". | No separate application required | N/A | 10 | Waiver |
Merit | Deepak Parayanken Tuition Waiver | Deepak Parayanken, alumnus of PGP Class of 2011 sponsors two merit-based scholarships and at least one of these is awarded to a female student. | No separate application required | N/A | 15 | Waiver |
Merit | Taparia Family Scholarship | The Taparia Family has committed to supporting five PGP candidates annually through merit-based scholarships. Each awardee receives a 100% tuition fee waiver amounting to INR 25.62 lakh. | No separate application required | 100% | N/A | Waiver |
Merit | Alumni Endowment Fund Tuition Waiver | The Alumni Endowment Scholarship awards two merit-based scholarships to the students of PGP programme every year. | No separate application required | 25% | N/A | Waiver |
Diversity, Need & Merit | Visiting faculty Scholarship | The visiting faculty scholarship is awarded to an international student of PGP programme every year. | No separate application required | 25% | N/A | Waiver |
Need-based | Ramesh C. Khanna Nurture India Scholarship | Amit Khanna, alumnus of PGP Class of 2004, has instituted this need- based scholarship and it is awarded to student who is the sole earning member of her/his family. An essay needs to be submitted, based on which the donor would select the candidate. ISB Need-cum-merit based criteria | Essay and supporting documents | 25% | N/A | Waiver |
Diversity or Need | Ishwar Prakash Agarwal Scholarship | Alok Aggarwal, alumnus of PGP Class of 2004, has instituted a scholarship for differently/specially abled. If none qualifies, this scholarship will next be offered to Women returning back to work after sabbatical/raising family. | Essay and supporting documents | 25% | N/A | Waiver |
Merit or Need | Aakash Tuition Grant | Aakash Chaudhry, alumnus of PGP Class of 2004, has instituted a need /merit-based scholarship for PGP Programme. | No separate application required | 25% | N/A | Waiver |
Need-based | Jagannath Arora Scholarship | Neeraj Arora, alumnus of PGP Class of 2006 sponsors a need- based scholarship in the name of his father Mr. Jagannath Arora. The awardee of this scholarship is known as "Jagannath Arora Scholar". ISB Need-cum-merit based criteria. | ISB Need-cum-merit based application | 25% | N/A | Waiver |
Need-based | PGPMAX Co 2012 Scholarship | Sponsored by the Alumni of PGPMAX Class of 2012, this need-based scholarship is awarded to applicants coming from the social sector. The applicants will have to submit an essay on "Giving back to the society", based on which the awardee would be selected. ISB Need based criteria. | Essay and supporting documents | 25% | N/A | Waiver |
Need-cum-Merit | Vidula Jalan Scholarship | Instituted in memory of Late Vidula Jalan, an alumna of the School from the PGP Co2003, the scholarship is a generous gift by the Anshuman and Vidula Jalan Foundation, which will be awarded on a need-cum merit basis to two PGP students (one female and one male), commencing from the Class of 2025 | ISB Need-cum-merit based application Essay and supporting documents | 100% ( Full scholarship covering tuition fee, admission fee, commitment fee, and accommodation fees) | N/A | Waiver / Refund |
Diversity cum Merit | Indira - Vasudha Scholarship | Yashraj Erande, an alumnus of PGP Class of 2006, has instituted a tuition waiver to be granted annually to one female PGP candidate. The waiver will cover up to 25% of tuition fees based on merit. | Application for the tuition waiver | Up to 25% | N/A | Waiver / Refund |
Need-cum-Merit | Aditya Shembekar Scholarship | As a commemorative gesture, the alumni of PGP Class of 2013, Aditya's family, and friends instituted a scholarship known as Aditya Shemberkar scholarship which is awarded to a student of PGP programme every year. ISB Need based criteria. | No separate application required | 25% | N/A | Waiver |
Merit | | • Covering at least 25% of the tuition fee, | No separate application required | 25% | N/A | Waiver |
Merit | J.C. Flowers ARC Scholarship | J.C. Flowers ARC has committed to support five PGP candidates annually through merit-based scholarships. Each awardee receives a 100% tuition fee waiver. | No separate application required | 100% | N/A | Waiver |
Merit | | • Shall meet the criteria for merit-based scholarship decided by ISB | Application for the tuition waiver with supporting documents | N/A | 10 | Waiver |
| Category | Name of the scholarship | Description | How to Apply? | Scholarship as % of Tuition Fee | Mode of Disbursal |
| Need | ISB's Develop India Scholarship | This scholarship has been instituted by the school to help graduating students of ISB venturing into social impact start-ups, Non-Profit / NGO and Development sector or are returning back to PSU/Govt Sector and have Educational loan | Application with SOP | EMI upto 24 months | Paid to the student's Loan account |
Scholarship | Amount | Number of Scholarships | Eligibility Criteria | Selection Process | Particulars |
ISB Destination India Scholarship | 100% of the Tuition Fee | 25 | Only for applicants of non-Indian nationality admitted to the PGP | Based on the merit of their admission application | No separate application required |
Bridge to India Scholarship | 25% of Tuition Fee | 5 | Indian passport holders based outside India | Overall merit along with an essay | To be submitted along with the admission application |
Note:
*All applicants are considered for merit scholarships by default.
*Each applicant will be eligible to receive only one of the tuition waivers.
*The school reserves the right to add, withdraw or modify any of the criteria, amount and count for all the tuition waivers/scholarships cited above.
➢ No prepayment/foreclosure charges
➢ Tax benefit on interest paid under Sec-80(E)
| AXIS BANK EDUCATION LOAN –TERMS AND CONDITIONS* | ||
| S.No | Parameters | Details |
| 1 | Eligibility | Student should be an Indian National & have secured admission on merit basis through entrance test/selection process of the Institute/university. |
| 2 | Course Name | All approved courses |
| 3 | Rate of Interest (floating interest rate linked to REPO rate) |
Unsecured loans at 7.00% Secured loans at 6.99% |
| 4 | Loan Amount |
Maximum Loan Amount - 95% of the total cost; 100% funding option available |
| 5 | Margin | As per norms |
| 6 | Processing Fees | Nil |
| 7 | Repayment Type* | No payment during the moratorium period |
| 8 | Moratorium Period* | Course Period + 6 months (optional) available |
| 9 | Repayment Tenure* | Maximum 15 years |
| 10 | Loan Disbursement | To the Institute (as mentioned on the admission letter) |
| 11 | Co-Applicant | Applicable as per Axis bank norms |
| 12 | Insurance | Max Life Insurance |
| 13 | Collateral required | Collateral requirement as per Axis bank norms |
| 14 | Contact details |
Theethu Yemula |
You can also give a missed call on 1800-258-7171 to avail education loan and our representative will get in touch with you.
*Approval, Sanction and Disbursement Subject to Banks internal policy checks, process and eligibility
*Rates may change in future as per the Bank’s discretion
AXIS BANK CONTACT – PAN INDIA
AREA MANAGERS
| Region | ASM Name | ASM Contact | ASM Mail ID |
| Mumbai | Mohan Jadav | 8692880963 | mohan2.jadhav@axisbank.com |
| Rest of Maharashtra & Goa | Amit Bhandare | 9096370103 | amit1.bhandare@axisbank.com |
| Telangana | Theethu Yemula | 8886788667 | Theethu.Yemula@axisbank.com |
| AP | Matti Rao | 8146677425 | matti.rao@axisbank.com |
| TN | Krishnamoorthy Velu | 9600199047 | krishnamoorthy.velu@axisbank.c om |
| Karnataka / Kerala | Shaikh Soleman | 7829872048 | shaikh.soleman@axisbank.com |
| Rajasthan | Lalit Suman | 7014134677 | lalit.suman@axisbank.com |
| Delhi | Manabendra Singh | 9582250612 | manabendra.singh@axisbank.co m |
| Haryana / Punjab | Harshul Nagar | 9041348003 | harshul1.nagar@axisbank.com |
| Gujarat | Chintan Shah | 9727753545 | chintan6.shah@axisbank.com |
| MP | Anuj Kekre | 9981978591 | anuj1.kekre@axisbank.com |
| WB / North-East Region | Nishith | 8697745305 | nishith@axisbank.com |
| Maximum loan amount (without collateral security) |
Rs. 40 lacs |
| Margin Money | Nil |
| Repayment Period | -For loans up to Rs. 7.50 lakhs: Maximum 10 years (excluding moratorium) -For loans above Rs. 7.50 lakhs: Maximum 15 years (excluding moratorium) |
| Moratorium Period | Course period + (1 year/ -06- months after obtaining job, whichever is earlier) |
| Rate of Interest | Starting from @ BRLLR -1 i.e 7.65% (floating) |
| Repayment Type | EMI/Simple Interest/Token Amt/Complete Moratorium |
| Processing Fee Amount | Nil |
| Collateral Security |
- Up to Rs. 40.00 lakhs: Co-obligation of parents/guardian and assignments of future income. |
| GCLI (Group Credit Life Insurance) |
GCLI is mandatory. |
| Pre-payment Charges | Nil |
| Contact Point |
Hyderabad- ELSC, # 1-8-664, 2nd floor, Plot No. 21/1, M. H. Bhavan, Azamabad, Near RTC Kalyana Mandapam, Hyderabad-500020. Email- elsc.hyderabad@bankofbaroda.comPoint(s) of
Srinivas R D |
| Eligibility |
|
| Loan Quantum | The maximum eligible loan for Students of ISB, Hyderabad & Mohali – Limit up to Rs. 50.00 lakhs |
| Margin Money | Nil (Scholarship/assistantship if any to be included in margin.) |
| Processing Charges | Nil |
| Security |
|
| Rate of Interest | 7.35% (Floating) |
| Repayment Tenure |
|
| Expenses Considered for Loan |
|
| Insurance cover | Obtention of life insurance cover is not mandatory, however it can be obtained at the option of the student borrower. Insurance premium can be a part of education loan project cost. |
| Pre-payment Charges | Nil |
| Contact Persons |
Mr Patan Khalimullah Khan, Nodal Branch Details: Mrs Ramya K Mrs B Swati Mohali Branch Details: Mrs. Rashmi Kumari Mr. Iqbal Singh Jaswal |
| EMI Calculator | https://canarabank.com/emi |
| 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. 50Lakhs without collateral : 6.75% |
| 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. PVPS Suresh Kumar Manager Marketing - Regional Office Mobile No: 8309638379 / 9985127889 2. M Shafiullah Chief Manager - Gachibowli Branch Mobile No: 6304903723 3. B Narender Reddy Chief Manager - Kukatpally Branch Mobile No: 6304903731 |
| Eligibility | Post Graduate Management Programs offered at all ISB campuses across India. |
| Loan Amount | Up to 100% cost of education |
| Margin | NIL |
| Collateral Security | Not mandatory, the unsecured loan covers 100% of the tuition fee and accommodation expenses, with no margin money required. |
| Rate of Interest | 8.75%* p.a. onwards |
| Repayment Period | Up to 168 months |
| Co-Borrower | Father, Mother, Spouse, Brother or Sister |
| Income Tax Benefit | Yes, Tax benefits under section 80E of the Income Tax Act, 1961 |
| Loan Type | Unsecured & secured |
| Insurance | Loan insurance is optional; however, the student borrower may choose to avail it, and the insurance premium can be included in the education loan amount. |
| Key Benefits |
|
| Contact Point |
Cluster Manager– Dibyananda Behera :– 7391058833 Email : dibyananda.behera@credila.com |
Programme Fee
The programme fee for the academic year 2027–28 is ₹34,48,000 + GST for shared accommodation, single-instalment payment, and a refundable security deposit of ₹20,000. This amount covers admission, commitment, and tuition fees.
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Note: The programme fee is indicative and subject to change based on evolving programme requirements. The School reserves the right to revise the fee at its discretion. For the latest information, kindly contact our programme advisors.
