Before we answer one of the most searched questions among MBA aspirants on Google, ‘IIM has the lowest fee?’ , let us first understand the basic fee structure of IIMs across India. The program fees at all IIMs in India differ significantly. The fees are between INR 16.28 lakh and INR 36.20 lakh, depending on the campus. Among the list of top IIMs in India 2025 , IIM Ahmedabad has the highest MBA fee, around INR 34.15 lakh, whereas IIM Amritsar has the lowest IIM fees for MBA 2025 of around INR 17.30 lakh, which is the most affordable option for you. For newer IIMs, commonly known as baby IIMs—like IIM Amritsar, IIM Ranchi, IIM Jammu, IIM Bodh Gaya, and IIM Sirmaur—the fee range is between INR 17 lakh to INR 21 lakh, which makes them among the lowest fee options for an IIM MBA in 2025. Let us know more about which IIM has the lowest fee for MBA admissions 2025 .
Also Read: List of Courses in IIMs in 2025
List of IIMs Having Lowest Fee in 2025
Here is a list of IIMs which will have the lowest fee structure for MBA admissions 2025, among all the IIMs in India:
Name of the IIMs | IIM Fees (Approx.) |
|---|---|
INR 17,30,000 | |
INR 17,50,000 | |
INR 17,96,000 |
Fee Breakdown for IIMs Having Lowest Fee
Let us check out which IIM has the lowest fee among all the IIMs in India for the academic year 2025-27 from the table given below:
IIM Amritsar Fee Structure 2025
IIM Amritsar, which came into existence in 2015 with the assistance of the Ministry of Education and the Punjab Government, is India's 15th IIM. It offers a total of eight courses, including an integrated MBA course. One of the most notable points about IIM Amritsar is that it is affordable—among all IIMs, it charges the lowest fees at INR 17.3 lakh.
Component | 1st Year Fees | 2nd Year Fees |
|---|---|---|
Tuition Fee | INR 6,25,000 | INR 6,25,000 |
Academic Support | INR 1,85,000 | INR 1,85,000 |
Hostel & Electricity | INR 40,000 | INR 40,000 |
Student Activities & Health | INR 15,000 | INR 15,000 |
Total (Year Wise) | INR 8,65,000 | INR 8,65,000 |
Grand Total | INR 17,30,000 (for 2 Years) | |
IIM Sirmaur Fee Structure 2025
IIM Sirmaurwas established in the year 2015, and is a centrally funded institution of national importance. It has 12 courses across various levels of study, including its flagship course MBA offered in specializations such as Tourism Management and Tourism , Travel & Hospitality Management. If you are planning to opt for IIM Sirmaur, the fee structure is INR 14.45 lakh.
Term | Admission Fee | Tuition fee | Hostel Charges | Alumni Membership Fee | Mediclaim | Total |
|---|---|---|---|---|---|---|
Term I | 60000 | 240000 | 40000 | 3000 | 2000 | 345000 |
Term II | 0 | 240000 | 40000 | 0 | 0 | 280000 |
Term III | 0 | 240000 | 40000 | 0 | 0 | 280000 |
Total Fee (A) | 905000 | |||||
YEAR II | ||||||
Term IV | 0 | 240000 | 40000 | 3000 | 2000 | 285000 |
Term V | 0 | 240000 | 40000 | 0 | 0 | 280000 |
Term VI | 0 | 240000 | 40000 | 0 | 0 | 280000 |
Total Fee (B) | 845000 | |||||
Total (A+B) | INR 1750000 | |||||
IIM Bodh Gaya Fee Structure 2025
IIM Bodh Gaya, the 16th IIM institution, was the other addition to the IIM network in 2015. The institute offers a total of eight academic programs with specializations including Marketing, Operations, Analytics, IT & Data Science, Finance, Strategy, Public Policy, General Management, and Human Resources. IIM Bodh Gaya course fee is INR 14.96 lakh.
Components | Term I | Term II | Term III | Term IV | Term V | Term VI |
|---|---|---|---|---|---|---|
Tuition Fee | 160000 | 160000 | 160000 | 160000 | 160000 | 160000 |
Hostel Rent | 41000 | 41000 | 41000 | 41000 | 41000 | 41000 |
Academic Charges | 80000 | 80000 | 80000 | 80000 | 80000 | 80000 |
Admission Fee | 15000 | – | – | – | – | – |
Annual Registration Fee | 6000 | – | – | 6000 | – | – |
Student Activity Fee | – | 5000 | 5000 | 5000 | 5000 | – |
Career Development Fee | 8000 | 8000 | 8000 | 8000 | 8000 | 8000 |
Alumni Activity Fee | – | – | – | – | – | 5000 |
Convocation Fee | – | – | – | – | – | 10000 |
Term-wise Total | 310000 | 294000 | 294000 | 300000 | 294000 | 304000 |
Year-wise Total | 8,98,000 | 8,98,000 | ||||
Course Total | INR 17,96,000 | |||||
Main Components of IIM Fees Structure 2025
When you take admission to an IIM, the overall fee is not all about tuition fees, it has various components that help make your entire academic experience better. The fee structure generally pays for tuition fees, library usage charges, hostel stay, and other academic fees. All these have a major role to play in defining your learning environment and providing you with the best tools. Here's what goes into the fee structure at IIMs in India:
- Tuition fee
- Annual Registration Fee
- Accommodation
- Mess Charges
- Course Material
- Student Activity Fee
- Library Fee
- Internet
- Alumni Fee
- Convocation Fee
- Miscellaneous Expenses
Why IIM MBA Fee is So High?
IIMs are among the best business schools in India, but they tend to be pricey. This is largely because they are self-contained institutions and do not get total government funding. Now that we know about the IIMs having lowest fee structure in 2025, let us know about several factors that account for their high-cost structure:
- Modern Infrastructure: All IIMs have world-class infrastructure that attracts management aspirants ensuring a seamless and efficient learning environment on the campus. As a result, these premier institutes invest a lot in upgrading their infrastructure. This contributes to the high fee structure of IIMs.
- Quality Education: The Indian Institute of Management, a renowned management institute, ensures high-quality academics by hiring world-class faculty and teaching students by using the latest teaching tools. This contributes to the cost of making IIM fees so high.
- Highly Qualified Faculties: IIMs recruit some of India's and the world's best professors. These highly qualified faculty members expect competitive pay, contributing to the cost of education.
- Global Recognition and Accreditations: Most IIMs have international accreditations, which guarantee that their courses are up to international standards. The administrative and operational expenses needed to sustain these recognitions also contribute to increased fees.
- International Exchange Programs: Many IIMs have international exchange programmes as a part of their course curriculum in collaboration with management institutes all over the world. This additional educational cost makes IIM fees high.
- High Overhead Costs: From campus maintenance and student support services to administrative costs, the operational expenses at IIMs are high. These factors combined are responsible for their high fee structure.
Also Read:
If you are thinking about an IIM for your studies in management, the fee becomes a significant determining factor. While IIMs are renowned for their quality of education and fine career opportunities, the fees could be steep. However, understanding which IIM has the lowest fee will make you make a wiser economic decision without undermining the quality of education. By opting for an institute with a lower fee, you can optimize the return on investment and get yourself on a solid career track without placing too much of a financial burden on yourself.
For more information reach out through the Collegedekho QnA Zone or fill in the Common Application Form . You may also call the helpline number 1800-572-9877 for MBA admission assistance.
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FAQs
Yes, many banks and financial institutions offer educational loans to students that can help pay IIM fees. However, researching the right option and understanding the terms is crucial before opting for an educational loan.
Yes, most IIMs allow installment payments, which can usually be done in two or three phases during the course duration.
The IIM fees usually include tuition, boarding and other essential facilities. The fees do not cover program costs and personal expenses. It is recommended to check the particular IIM’s official website for details of their fee structure.
Yes, scholarships are available to students that are provided according to the student’s merit and financial requirements. Moreover, some government and private scholarships offered can be helpful to the students.
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