IIM Bangalore Scholarship 2026: Eligibility, Benefits & How to Apply

IIM Bangalore provides financial support to PGP students from families earning less than INR 8 lakh annually or facing serious financial difficulties. This support is aimed at helping students manage their educational expenses and focus on their studies without financial stress.

IIM Bangalore scholarships considering both academic excellence and financial necessity. A faculty panel verifies each application and assigns a financial need score. Based on this score, students may receive aid covering 20%, 40%, 60%, 80%, or even 100% of their expenses.

IIM Bangalore Scholarship for PGP

PGP students can apply for several scholarships that are awarded either on merit alone or on a mix of merit and financial need, as outlined below.

Scholarship Name	Eligibility	Amount
Aditya Birla Scholarship	Scholarships are available for first- and second-year PGP students, with renewal contingent on maintaining a position within the top 25% of their class.	INR 1.75 Lakhs
OPJEMS Scholarship	Second-year PGP students; top 10 based on first-year academics; final selection via online test	INR 1.50 Lakhs
NTPC Scholarship Scheme	Second-year SC/ST/PwD students who have cleared their first year in a single attempt qualify for eligibility.	INR 48,000 Per month
Employment in Social Sector Scholarship	Graduates working in the social sector; reimbursed after each year for up to 3 years	1/3rd fee per year
Ministry of Tribal Affairs (ST)	First-year ST PGP students receive full tuition support determined by their financial need.	Full Tuition
Ministry of Social Justice & Empowerment (SC)	Full tuition scholarships are granted to first-year SC PGP students, considering both academic merit and financial requirement.	Full Tuition
Ministry of SJ&E – PwD Department	Students with ≥40% disability and valid certificate	INR 2.55 lakh per year

IIM Bangalore Alumni Scholarship

The IIM Bangalore Alumni Scholarship, awarded at the PGP inauguration ceremony, includes the following details:

Scholarship Name	Eligibility Criteria
Siddharth Padam Scholarship	A student listed on the DML with the highest CGPA in core courses related to Economics and Finance & Accounting during the first year of the PGP program.
IIMB PGP Alumni First Batch (1976) Scholarship	A woman candidate from the DAP category who has successfully completed the first year of the PGP program is eligible. If no eligible woman is found, a male DAP student may be considered.
Runwal Educational Trust scholarship	Students ranked in the top 40% after the first year and who have applied for financial aid are considered. From the overlap of these two groups, a weighted score is computed—30% based on CGPA and 70% on the financial aid score—to determine scholarship eligibility.
Srimati Saraswati Kulkarni Award	Awarded to the student achieving the top CGPA in the entrepreneurship course.
Ubuntu Scholarship	This merit-cum-means scholarship is given to a second-year PGP student who has a minimum CGPA of 2.0 after the first year and has applied for financial aid. Among those who meet these criteria, the student with the highest overall financial need score is selected for the award.
Nitin Agarwal Scholarship	This need-based scholarship is granted to a PGP second-year student who hasn’t received any other financial aid. It is awarded during the MBA orientation and is given to the student with the highest financial aid score below the set scholarship threshold.
Deepankar Khiwani Scholarship	Presented to two PGP students selected for their strong academic results combined with demonstrated financial need.
PGP class of 1989 scholarship	Given to a student who has not been granted any other form of financial aid or scholarship. It is a means scholarship
Smt. Parvathi and Sri Vedula Krishnamurthy Scholarship	A second-year PGP student on the DML who achieves the highest CGPA in Competition & Strategy, Business, Government & Society, and Entrepreneurial Learning rank lists.
PGP 1998 Batch Scholarship	Scholarships are offered to four students admitted under the differently abled category. Merit cum needs scholarship.
Parameshwara Iyer Award	Granted to a student who has not been awarded any other financial support or scholarship. It is a means scholarship

IIM Bangalore Financial Aid: PGP-BA

IIM Bangalore offers financial aid to support PGP-BA students who require assistance to continue their education.
Eligibility:

Students in the PGPBA program whose family’s yearly income is under INR 6,00,000 are eligible.
Students facing sudden, severe financial difficulties.

Financial Aid Amount:

Financial assistance is provided in varying amounts of 20%, 40%, 60%, 80%, or full (100%) tuition coverage.
Amount decided based on financial status and need assessment scores.

IIM Bangalore Scholarship Amount: EPGP

IIM Bangalore offers the following scholarships to EPGP students based on merit and diversity considerations:

Scholarship Name	Amount	Eligibility
Merit Scholarship	INR 6,00,000 (tuition waiver)	Awarded to top rankers in each admission round
Merit-cum-Means Scholarship	INR 5,00,000	Given to selected students from diverse backgrounds (women, underrepresented groups, non-engineering)
Merit Scholarship during Program	INR 3,00,000	Top 5 students by CGPA after second term, not holding other scholarships

Enjoy Extra Benefits with SR

Counselling

Processing fees on loan

Discounted Applications

GD PI preparation

Frequently Asked Questions

Ans - Yes, the Government of India provides several scholarships through the National Scholarship Portal for eligible SC, ST, PwD, and female students.

Ans - Leading companies such as the Aditya Birla Group, OPJEMS, Yes Bank, and Hindustan Unilever Ltd. offer scholarships to students who have strong academic records and come from financially weaker backgrounds.

Ans - Eligible students can apply for scholarships by submitting the required application form, usually during the admission process. Complete information and eligibility rules can be found on the official IIM Bangalore website.

Ans - Students may apply for multiple scholarships; however, usually only one scholarship is granted per student.

Ans - IIM Bangalore offers a total of 22 scholarships for EPGP students, including 10 Merit Scholarships, 7 Merit-cum-Means Scholarships, and 5 Merit Scholarships awarded during the program.

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