IPMAT Indore Fees 2027: Complete Fee Structure, Hostel Charges, Scholarships & ROI

Are you planning to join IIM Indore through IPMAT 2027? If yes, then knowing the IPMAT Indore fees is essential before you take the next step. For the 2026–31 batch, domestic students pay ₹7.04 lakh in the first year and ₹6.54 lakh each in the second and third years, bringing the total for the first three years to ₹20.12 lakh. With the MBA (PGP) fees for the final two years, the estimated five-year programme cost is around ₹44.2–45.3 lakh at current rates.

But how much do you actually need to budget for IPMAT Indore fees with hostel, mess charges, registration, and other expenses? Are scholarships available to reduce the financial burden, and what are the fees for the MBA phase? This guide covers the year-wise IPM fee structure, term-wise payments, hostel and mess costs, IIM Indore MBA fees for two years, scholarships, and education loans. Since the official fee structure for the 2027–32 batch has not yet been released, the estimates below are based on the latest available fee documents and may change.

Download Free Study Material for IPMAT 2027

IPMAT Indore Fees 2027: Fee Structure Highlights

The fee structure for the 2027- 32 batch has not been released; here is the basic reference for the year 2026-31 batch. For complete details of the programme, see our detailed guides on IPMAT Indore and IPM Indore courses.

Fee component	Amount	Applicable batch
Annual course fee, Years 1–3	₹6,00,000	2026–31
Total fee for Year 1	₹7,04,000	2026–31
Total fee for Year 2	₹6,54,000	2026–31
Total fee for Year 3	₹6,54,000	2026–31
Total fee for Years 1–3	₹20,12,000	2026–31
Refundable caution deposit	₹50,000	One-time
Annual mess deposit	₹54,000	Years 1–3
MBA fee for Years 4–5	Based on the applicable PGP fee	Subject to future revisions
Estimated five-year programme cost	₹44.2–45.3 lakh	Based on current rates
IPMAT Indore registration fee	₹4,130 or ₹2,065	2026 application cycle
NBFA family-income threshold	Below ₹12 lakh per year	Current scheme criteria

Important: IIM Indore has not confirmed the IPMAT Indore fees for the 2027–32 batch. The five-year total is an estimate because the PGP fees applicable when the 2027 entrants reach Years 4 and 5 have not yet been announced.

Also Read: How to Prepare for IPMAT Indore in 2027?

IIM Indore IPM Fee Structure: Year-Wise Fees for Years 1–3

The Integrated Programme in Management (IPM) at IIM Indore is a five-year residential programme for students who have completed Class 12. The first three years lead to a BA (Foundations of Management), while Years 4 and 5 follow the Post Graduate Programme (PGP) curriculum, leading to an MBA.

This structure explains why the IPMAT Indore fees are divided into two phases. Students pay the prescribed IPM fee for the first three years and the applicable PGP fee for the final two years.

IPMAT Indore Fees for Year 1, Year 2 and Year 3

The following table shows the official fee structure for domestic students in the 2026–31 batch.

Fee component	Year 1 (2026–27)	Year 2 (2027–28)	Year 3 (2028–29)
Course fee	₹6,00,000	₹6,00,000	₹6,00,000
Refundable caution deposit	₹50,000	—	—
Mess deposit	₹54,000	₹54,000	₹54,000
Total annual fee	₹7,04,000	₹6,54,000	₹6,54,000

The total fee for the first three years is ₹20,12,000, including the refundable caution deposit and the annual mess deposits.

Here are the pointers to keep in mind before budgeting your IPMAT Indore 2027 fees:

• Medical insurance: According to the updated fee sheet dated 7 March 2026, the Mediclaim premium is charged at actuals and deducted from the caution deposit. Older versions showed a separate ₹679 insurance charge.
• Refundable caution deposit: The ₹50,000 deposit is refundable at the end of the five-year programme after applicable insurance premiums and outstanding dues are deducted.
• Books and textbooks: Textbooks are not included in the listed fees. Students should budget separately for books, a laptop and other personal expenses.

To make sure you qualify before applying, review the IPMAT eligibility criteria.

Check out IPM- BBA 2027 1-Year Batch

IPMAT Indore Fees 2027: Term-Wise Payment Schedule

IIM Indore divides the academic year into three terms. Students pay the course fee in three instalments of ₹2,00,000 each, while the mess deposit is paid in instalments of ₹18,000 per term.

The first instalment is higher because it includes the one-time refundable caution deposit.

IPMAT Indore Fees for Each Term

Fee component	Term I	Term II	Term III
Course fee	₹2,00,000	₹2,00,000	₹2,00,000
Caution deposit (Year 1 only)	₹50,000	—	—
Mess deposit	₹18,000	₹18,000	₹18,000
Year 1 term payment	₹2,68,000	₹2,18,000	₹2,18,000
Year 2 or Year 3 term payment	₹2,18,000	₹2,18,000	₹2,18,000

Your first-term payment in Year 1 is ₹2,68,000 under this fee schedule. Subsequent term payments are ₹2,18,000 each.

Is There a Separate IPM Seat Acceptance Fee?

IIM Indore’s publicly available admission documents do not specify a separate standard seat-acceptance amount for IPM. The provisional offer letter provides the applicable payment amount and deadline.

Read the offer letter carefully and arrange funds before the admission deadline. Missing the deadline may result in the offer being cancelled.

For details about the admission timeline, eligibility, offer acceptance and document verification, read our IPM Indore admission process guide.

IPMAT Indore Fees with Hostel: Is Accommodation Included?

Students and parents frequently search for IPMAT Indore fees with hostel because accommodation is an important part of the overall cost of a residential programme.

The official IPM fee sheet does not list a separate hostel fee. Campus accommodation is part of the residential programme, and no additional hostel charge is shown in the published fee structure. Food is accounted for separately through the mess deposit.

What Is Included in the IPMAT Indore Fees 2027?

Well, the IPMAT 2027 Indore fees include the following things:

Fee component	Term I	Term II	Term III
Course fee	₹2,00,000	₹2,00,000	₹2,00,000
Caution deposit (Year 1 only)	₹50,000	—	—
Mess deposit	₹18,000	₹18,000	₹18,000
Expense	Treatment
Academic tuition and course-related facilities	Covered through the course fee
Campus accommodation	No separate hostel fee listed
Food and dining	₹54,000 annual mess deposit in Years 1–3
Textbooks	Not included
Laptop and personal devices	Budget separately
Travel to and from campus	Budget separately
Phone, toiletries and personal spending	Budget separately
Year 1 term payment	₹2,68,000	₹2,18,000	₹2,18,000
Year 2 or Year 3 term payment	₹2,18,000	₹2,18,000	₹2,18,000

The ₹54,000 annual mess deposit is an advance against actual food expenses. If your consumption is lower than the amount deposited, the balance is adjusted according to the applicable settlement process. If your actual mess bill exceeds the deposit, you may have to pay the difference.

Students should also confirm the accommodation arrangements and any applicable charges directly with IIM Indore before admission, particularly when reviewing future fee schedules. For the full step-by-step process, see the IPM Indore admission process guide.

Is the Mess Compulsory in Years 4 and 5?

The IPM fee structure states that the mess is optional for IPM students in Years 4 and 5. Consequently, the final two years may cost less if you do not use the mess facility.

To understand campus accommodation, facilities and everyday student life, read life at IIM Indore IPM.

Start your Prep with IPM-BBA 2028 2- Year Batch Today

IIM Indore IPM 2027 Fees: Comparison of the 2025–30 and 2026–31 Batches

The fee comparison gives you an idea of the change over the years. Below is the IPMAT Indore fee comparison for different batches:

Fee component	2025–30 batch	2026–31 batch	Change
Annual domestic course fee	₹5,00,000	₹6,00,000	+20%
Domestic Year 1 total	₹6,04,679	₹7,04,000	+₹99,321
Domestic fee for Years 1–3	₹17,14,037	₹20,12,000	+₹2,97,963
Annual international course fee	₹7,50,000	₹9,00,000	+20%

The domestic annual course fee increased by ₹1,00,000, from ₹5,00,000 to ₹6,00,000. The published three-year total rose by ₹2,97,963.

The earlier fee sheet included a separate ₹679 insurance charge, which was subsequently removed as a separate line in the updated 2026–31 sheet. This accounts for part of the difference in the Year 1 totals.

IIM Indore Fees for MBA 2 Years: PGP Fee Structure for IPM Years 4 and 5

The final two years of IPM are charged at the applicable Post Graduate Programme (PGP) fee. This means that IPM students pay the same prescribed course fee as the relevant PGP batch for those academic years, subject to the applicable fee rules.

IIM Indore publishes a fee structure for the PGP 2026–28 batch that also covers IPM Years IV and V during the corresponding academic years.

IIM Indore MBA Fees for the PGP 2026–28 Batch

Fee component	PGP-I / IPM-IV (2026–27)	PGP-II / IPM-V (2027–28)
Course fee	₹12,00,000	₹12,00,000
Alumni fee, including 18% GST	—	₹11,800
Refundable caution deposit	₹50,000	—
Mess deposit	₹54,000	—
Total listed fee	₹13,04,000	₹12,11,800

For domestic students entering the two-year MBA through CAT, the total fee for the PGP 2026–28 batch is ₹25,15,800, including a course fee of ₹24,00,000.

NRI and foreign-national PGP students are listed at a course fee of ₹18,00,000 per year, with a two-year total of ₹37,15,800.

How Much Do IPM Students Pay for MBA Years 4 and 5?

For IPM students, the mess is optional in Years 4 and 5. Based on the current PGP course fee and the published alumni fee, the estimated cost of the final two years is ₹24,11,800 if the optional mess is excluded and no additional caution deposit is charged.

Including the listed first-year PGP caution deposit and mess deposit would bring the corresponding two-year total to ₹25,15,800.

These figures are planning estimates, not a confirmed fee quotation for the 2027–32 IPM batch. The fee structure applicable to that batch’s Years 4 and 5 will be determined later.

For students joining IPM in 2027, the final two years will fall in 2030–31 and 2031–32. IIM Indore sets PGP fees batch by batch, so the exact amount payable during those years is not yet known.

Attempt Free Mock Test for IPMAT 2027 Prep

Total IPMAT Course Fees for All Five Years

The total IPMAT Indore fees depend on the cost of the first three years and the PGP fees applicable during Years 4 and 5.

The first three years have an official published total for the 2026–31 batch. The remaining two years are estimated using the current fee structures.

Five-Year IPMAT Indore Fees for Domestic and International Students

Programme year	Domestic students	International students
Year 1	₹7,04,000	₹10,04,000
Year 2	₹6,54,000	₹9,54,000
Year 3	₹6,54,000	₹9,54,000
Years 1–3 total (official)	₹20,12,000	₹29,12,000
Years 4–5 at current PGP rates (estimated)	₹24,11,800–₹25,15,800	₹36,11,800–₹37,15,800
Estimated five-year total	₹44.2–45.3 lakh	₹65.2–66.3 lakh

IPMAT Indore Registration Fees 2027: Application and Exam Fees

The IPMAT Indore registration fee is paid separately from the programme fee. It is the application charge for the entrance examination and is not included in the five-year IPM fee.

For the IPMAT 2026 application cycle, the fee was as follows:

Candidate category	Application fee, including 18% GST
General	₹4,130
NC-OBC	₹4,130
EWS	₹4,130
SC	₹2,065
ST	₹2,065
PwD	₹2,065

This is the application fee for the entrance process; there is no separate test or interview charge listed in the published fee schedule.

The application fee is non-refundable and non-transferable. Candidates should verify their category and other application details before submitting the form.

For the 2026 cycle, applications ran from 2 February to 14 March 2026. The IPMAT 2027 registration fee, application dates and payment rules will be confirmed in the official 2027 admission notification.

Before applying, read our IPMAT application form walkthrough and check the IPMAT eligibility criteria. For the 2026 cycle, the prescribed age criterion required candidates to be born on or after 1 August 2006, with a five-year relaxation for SC, ST and PwD candidates. Confirm the corresponding conditions in the 2027 notification before applying.

IIM Indore 2027 MBA Fees and Scholarships: Financial Assistance for IPM Students

The total cost of IPM can be substantial, especially when you include the MBA phase. However, eligible students can explore institutional financial assistance, merit scholarships and government scholarship schemes.

If you are researching scholarship IIM Indore MBA fees, note that financial assistance is subject to the specific scheme’s eligibility conditions, assessment process and available funds. Admission to IPM does not automatically guarantee a fee waiver.

Need-Based Financial Assistance (NBFA) at IIM Indore

IIM Indore offers Need-Based Financial Assistance to eligible IPM students whose annual family income is below ₹12,00,000.

NBFA is not a fixed scholarship amount or an automatic full-fee waiver. The assistance provided depends on the annual scheme rules, family income and assets, and the committee’s assessment. A student’s disciplinary record may also be considered.

Government Scholarships for IPM Students

Students from eligible SC, ST, OBC, minority and economically weaker backgrounds may qualify for government scholarship schemes, depending on the scheme’s rules.

The National Scholarship Portal at scholarships.gov.in lists eligible central government scholarship programmes, including Top Class Education schemes for SC and ST students.

Income thresholds, award amounts, institution requirements and application dates vary by scheme and academic year. Check the current rules before relying on a government scholarship to finance your course.

For scheme-specific eligibility and application guidance, read our IPM Indore scholarship guide.

Boost your Prep with IPM-JIPMAT Test Series by Supergrads

IIM Indore IPM 2027: Education Loans

Students who need financial support beyond scholarships can explore education loans from banks and other eligible lenders.

Under the scheme’s applicable provisions, eligible families with annual income up to ₹8 lakh that do not receive another government scholarship or interest-subvention benefit may qualify for 3% interest subvention on loans up to ₹10 lakh during the moratorium period. A separate interest-subvention scheme may provide full interest support for eligible professional-course students from families with annual income up to ₹4.5 lakh.

Always verify current eligibility, loan limits and scheme conditions before applying.

Explore your options in detail through our IPMAT education loan and scholarship guide and the dedicated IPM Indore scholarship resource.

Tips for Financing the Five-Year IPM Programme

• Understand the payment schedule: Banks may disburse approved education loans in stages, which can align with the term-wise fee schedule.
• Plan for the MBA phase: Years 4 and 5 cost more than Years 1–3 at the current published rates. Discuss future-year funding with your lender.
• Compare loan offers: Review interest rates, repayment terms, moratorium periods, processing charges and eligibility.
• Explore scholarships first: NBFA and government schemes may reduce your financial burden if you qualify.

Compare available options using our IPMAT education loan and scholarship guide.

IIM Indore IPM Fee Refunds, Exit Option and Other Important Rules

Before accepting an IPM offer, understand how the programme’s exit policy, caution deposit and other payments affect your total cost.

Can You Exit IPM After Three Years?

IIM Indore permits students to exit after successfully completing Year 3, subject to the programme’s applicable academic and administrative requirements. Eligible students receive the BA (Foundations of Management) in absentia at the next convocation.

Because fees are charged year by year, students who leave after Year 3 do not continue paying the Years 4–5 PGP fees.

Is the ₹50,000 Caution Deposit Refundable?

Yes. The published fee sheet describes the caution deposit as refundable at the end of the five-year programme, after applicable insurance premiums and outstanding dues are deducted.

However, the stated refund condition refers to completion of the five-year course. If you intend to exit after three years, contact the IPM office to confirm the refund procedure and timing.

How Are Mess Deposits Adjusted?

The mess deposit is an advance against actual food expenses. The amount is adjusted according to the applicable billing process, and any additional amount due may need to be paid.

Is the IPMAT Application Fee Refundable?

No. The application fee is non-refundable and non-transferable, including when a candidate does not appear for the examination.

How to Prepare for IPMAT Indore 2027

Understanding the IPMAT Indore fees is an important part of planning for admission. Your next step is to prepare for the entrance examination and build a study schedule that helps you compete for a seat.

Start with these resources:

• Review the IPMAT Indore Exam Pattern.
• Create a timeline for your IPMAT Indore study plan.
• Attempt previous IPMAT question papers to assess your preparation.
• Use the IPMAT score calculator to score yourself.

You can also download our free IPMAT 2027 study material to organise your preparation.

Check out the Best IPMAT Courses (2027/28)

Conclusion

For domestic students, the latest official IPMAT Indore fee structure lists ₹20.12 lakh for the first three years and an estimated ₹44.2–45.3 lakh for all five years at current rates. Hostel accommodation has no separate charge listed, food is accounted for through mess deposits, and eligible students can explore NBFA, merit awards, government scholarships and education loans. Since the 2027–32 fee structure is not yet available, verify all amounts against IIM Indore’s official admission documents before making financial commitments.

Are you planning to join IIM Indore through IPMAT 2027? If yes then knowing the IPMAT Indore fees is essential before you take the next step. For the 2026–31 batch, domestic students pay ₹7.04 lakh in the first year and ₹6.54 lakh each in the second and third years, bringing the total for the first three years to ₹20.12 lakh. With the MBA (PGP) fees for the final two years, the estimated five-year programme cost is around ₹44.2–45.3 lakh at current rates.

But how much do you actually need to budget for IPMAT Indore fees with hostel, mess charges, registration, and other expenses? Are scholarships available to reduce the financial burden, and what are the fees for the MBA phase? This guide covers the year-wise IPM fee structure, term-wise payments, hostel and mess costs, IIM Indore MBA fees for two years, scholarships, and education loans. Since the official fee structure for the 2027–32 batch has not yet been released, the estimates below are based on the latest available fee documents and may change.