The document outlines the programme fee and estimated expenses for the 2014-2015 academic year of the PGP First Year programme at IIM Indore. It details a commitment fee of Rs. 100,000 payable upon acceptance, with total estimated annual expenses of Rs. 710,000 covering tuition, hostel charges, deposits, and other fees. It provides a payment schedule with the first installment of Rs. 150,000 due at registration after adjusting the commitment fee, and subsequent installments of Rs. 235,000 and Rs. 225,000 due at the start of the second and third terms respectively. Bank transfer details are given for payment of the commitment fee and first term fees.
The document outlines the programme fee and estimated expenses for the 2014-2015 academic year of the PGP First Year programme at IIM Indore. It details a commitment fee of Rs. 100,000 payable upon acceptance, with total estimated annual expenses of Rs. 710,000 covering tuition, hostel charges, deposits, and other fees. It provides a payment schedule with the first installment of Rs. 150,000 due at registration after adjusting the commitment fee, and subsequent installments of Rs. 235,000 and Rs. 225,000 due at the start of the second and third terms respectively. Bank transfer details are given for payment of the commitment fee and first term fees.
The document outlines the programme fee and estimated expenses for the 2014-2015 academic year of the PGP First Year programme at IIM Indore. It details a commitment fee of Rs. 100,000 payable upon acceptance, with total estimated annual expenses of Rs. 710,000 covering tuition, hostel charges, deposits, and other fees. It provides a payment schedule with the first installment of Rs. 150,000 due at registration after adjusting the commitment fee, and subsequent installments of Rs. 235,000 and Rs. 225,000 due at the start of the second and third terms respectively. Bank transfer details are given for payment of the commitment fee and first term fees.
The document outlines the programme fee and estimated expenses for the 2014-2015 academic year of the PGP First Year programme at IIM Indore. It details a commitment fee of Rs. 100,000 payable upon acceptance, with total estimated annual expenses of Rs. 710,000 covering tuition, hostel charges, deposits, and other fees. It provides a payment schedule with the first installment of Rs. 150,000 due at registration after adjusting the commitment fee, and subsequent installments of Rs. 235,000 and Rs. 225,000 due at the start of the second and third terms respectively. Bank transfer details are given for payment of the commitment fee and first term fees.
Programme Fee and Estimated Expenses & Payment Schedule for 2014-2015
PGP First Year 2014-15
1. Commitment Fee Rs. 1,00,000/-* (payable at the time of acceptance of admission offer by bank transfer only)
2. Estimated annual expenses : Rs. 7,10,000/-
Fee Structure (In Rupees) Tuition Fee 5,85,000 Hostel Charges 65,000 Total (Course Fee) 6,50,000 Refundable Caution Deposit # 15,000 Mess Deposit 45,000 Grand Total 7,10,000
* This amount will be adjusted against the fee payable for the first term at the time of registration. In case a candidate does not join the programme, the commitment fee will be refunded after adjusting Rs.1,000/- towards processing fee. However, the candidate in this case has to intimate Admissions Office, in writing, on or before June 24, 2014, about the inability to join our programme. Kindly go through the withdrawal procedure given in our website in this regard.
# To be refunded at the end of the programme, after adjusting the dues (if any).
Note : The commitment fee will be adjusted against the 1 st installment fee. Course fee includes access to lectures, computer facilities, library etc. It also includes alumni fee and lodging. Course fee does not include the cost of text books. Approximate cost of text books would be Rs.15,000/- per annum, which the students have to spend on their own.
3. Payment Schedule (Tentative):
Activity Date(s) Payment at the time of Registration Registration Thursday, July 3, 2014 1,50,000/- (After adjusting commitment fee of Rs.1,00,000/-) First Term classes end Saturday, September 27, 2014 Second Term Registration Tuesday, October 7, 2014 2,35,000/- Second Term classes end Saturday, December 27, 2014 Third Term Registration Monday, January 5, 2015 2,25,000/- Third Term classes end Saturday, March 21, 2015
4. Payment of Commitment Fee:
Rs. 1,00,000 (Rupees One Lakh only) and balance term 1 fee of Rs.1,50,000/- (Rupees One Lakh and Fifty Thousand only) should ONLY be made by Bank Transfer as per the details given below.
Account Name Indian Institute of Management Indore-Main A/c Beneficiary Name Indian Institute of Management Indore Account Number 21401450000056 Account Type Savings IFSC Code (For RTGS/NEFT) HDFC0002140 SWIFT Code HDFCINBB Bank and Branch HDFC Bank, 15/4, Sai Vihar Colony, Rau, Indore 453331
Note: In the SENDER TO RECEIVER INFORMATION column available while sending NEFT, the CAT 2013 Registration number and name of the candidate required to be mentioned.
Students/ parents are advised to take a note of Transaction ID/UTR No., Date, Amount, location of the bank branch, city, etc. where transaction is initiated. Please send the bank transfer details and screen shot of the transaction to pgpadmission@iimidr.ac.in along with your letter of acceptance.