{"id":20602,"date":"2020-10-07T07:19:29","date_gmt":"2020-10-07T07:19:29","guid":{"rendered":"https:\/\/krea.edu.in\/ifmrgsb\/?page_id=20602"},"modified":"2025-12-29T05:00:13","modified_gmt":"2025-12-29T05:00:13","slug":"fee-structure-and-payment-schedule","status":"publish","type":"page","link":"https:\/\/krea.edu.in\/ifmrgsb\/fee-structure-and-payment-schedule\/","title":{"rendered":"Fee Structure and Payment Schedule\u200b"},"content":{"rendered":"\t\t
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Fee Structure and Payment Schedule<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Fee Structure for MBA Batch 2026-28<\/u><\/strong><\/p>

The tuition fee for the programme is INR 16,00,000\/- (Rupees sixteen lakhs only). This does NOT include living expenses and alumni fees which are listed separately in the table below. Details of other fees and payment schedule is as follows:<\/p>

MBA 2026-28 : Tuition Fee : 16 lakhs<\/b><\/strong><\/p>

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\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n S.No <\/td>\n \n Fee Description <\/td>\n \n Amount in INR <\/td>\n \n Tentative Timelines for Payment <\/td>\n <\/tr>\n
\n 1 <\/td>\n \n Tuition\n Fee: 1st Instalment: <\/td>\n \n <\/td>\n \n To be paid when accepting the offer <\/td>\n <\/tr>\n
\n inclusive of Admission Acceptance Fee <\/td>\n \n <\/td>\n <\/tr>\n
\n a. Admission Acceptance Fee <\/td>\n \n 50,000 <\/td>\n <\/tr>\n
\n b. Balance First Instalment Fee <\/td>\n \n <\/td>\n <\/tr>\n
\n Part-1 of first Instalment Fee <\/td>\n \n 1,70,000 <\/td>\n <\/tr>\n
\n Part-2 of first Instalment Fee <\/td>\n \n 1,70,000 <\/td>\n <\/tr>\n
\n Part-3 of first Instalment Fee <\/td>\n \n 1,70,000 <\/td>\n <\/tr>\n
\n 2 <\/td>\n \n Refundable\n Caution Deposit <\/td>\n \n 35,000 <\/td>\n \n 20-Jun-26 <\/td>\n <\/tr>\n
\n 3 <\/td>\n \n Year-1\n Living Fee <\/td>\n \n 2,25,000 <\/td>\n \n 20-Jun-26 <\/td>\n <\/tr>\n
\n (Boarding & Lodging Charges including laundry charges upto\n INR 500\/- per month) <\/td>\n <\/tr>\n
\n <\/td>\n \n Miscellaneous\n Fees <\/td>\n \n 5,000 <\/td>\n <\/tr>\n
\n <\/td>\n \n (for usage of Sports and Gym facility) <\/td>\n <\/tr>\n
\n 4 <\/td>\n \n Tuition\n Fee: 2nd Instalment <\/td>\n \n 5,20,000 <\/td>\n \n 28-Nov-26 <\/td>\n <\/tr>\n
\n 5 <\/td>\n \n Tuition\n Fee: 3rd Instalment <\/td>\n \n 5,20,000 <\/td>\n \n 30-Jun-27 <\/td>\n <\/tr>\n
\n 6 <\/td>\n \n Year-2\n Living Fee * <\/td>\n \n Shall be notified soon <\/td>\n \n <\/td>\n <\/tr>\n
\n (Boarding & Lodging Charges including laundry charges upto\n INR 500\/- per month) <\/td>\n <\/tr>\n
\n *This is an indicative amount. Subject to revision based on the\n inflation and other costs. <\/td>\n <\/tr>\n
\n 7 <\/td>\n \n Alumni\n Fee <\/td>\n \n 5,000 <\/td>\n \n 30-Jun-27 <\/td>\n <\/tr>\n <\/table>\n<\/div>