FinX, located in Mumbai, Maharashtra, India, is a contemporary institution with a focus on finance, entrepreneurship, and new-age skillsets. Its hostel ecosystem caters to the practical needs of urban students seeking safe and affordable accommodation close to Mumbai’s business districts. The campus’s hostel structure is designed around shared living experiences, typically with double or triple sharing rooms and essential amenities such as Wi-Fi and air conditioning. Separate areas are provided for male and female students, and the hostels aim to foster collaborative, disciplined, and growth-oriented living for both undergraduate and postgraduate enrollees attending the Mumbai campus.
FinX Hostel Overview
FinX’s Mumbai campus provides in-house hostel accommodation primarily for full-time students. Hostel capacity is determined each year based on intake, with allocation prioritizing those living farthest from Mumbai. First-year students are given preference, but senior students—especially final-years—may be allotted single rooms if available. Hostel eligibility typically extends to UG and PG students, with PhD accommodation depending on annual capacity.
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Particulars |
Details |
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Total Hostels |
1 (Integrated building with multiple wings) |
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Separate Hostels (Boys/Girls) |
Separate floors/wings for boys and girls |
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Typical Occupancy |
Double / Triple |
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Allotment Basis |
Distance from home and merit; preference to outstation students |
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Accommodation for PG/PhD |
PG: Yes; PhD: NA |
FinX Hostel Fees & Room Categories
Hostel charges at FinX Mumbai cover mandatory deposits and recurring rent, with the total varying slightly by room sharing configuration. The structure ensures all residential students pay a security deposit in advance, along with monthly or semester-based rent. Mess fees are separate and paid as advance deposits for the semester. No additional charges for utilities are levied as these are included in the rental amount.
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Charge/Category |
Details |
Amount (INR) |
|
Security Deposit (Refundable) |
One-time, returned upon checkout after deductions for damages |
INR 10,000 |
|
Hostel Rent – Double Occupancy |
Inclusive of basic utilities, per semester |
INR 38,000–45,000 per semester |
|
Hostel Rent – Triple Occupancy |
Inclusive of basic utilities, per semester |
INR 32,000–38,000 per semester |
|
Mess Advance/Charges |
Prepaid, compulsory for all boarders, per semester |
INR 20,000 per semester |
FinX Facilities, Dining & Student Life
FinX hostels in Mumbai provide a range of essential and recreation amenities to foster academic focus and social well-being. Students benefit from Wi-Fi in all common areas and rooms, library access, shared reading lounges, laundry areas, and daily housekeeping. Dining is managed through a common mess facility offering a rotating weekly menu (mix of North Indian, South Indian, and vegetarian/non-veg options, subject to demand) on a prepaid basis. For recreation, common rooms are fitted with TV and indoor games, while the broader campus supports basic gym equipment and multipurpose courts for basketball and volleyball. Several student clubs actively organize debates, cultural evenings, and sport meets throughout the semester.
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Wi-Fi throughout hostel premises
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Common mess serving meals on a prepaid basis
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Reading lounge and study rooms (approx. 40 seats)
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Indoor games: carrom, chess, table tennis
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Multipurpose sports area for basketball and volleyball
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Facility/Area |
Details |
|
Mess Dining Capacity |
50–60 students per sitting |
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Laundry Facility |
Washing machines on each floor; weekly housekeeping support |
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Recreation/Common Room |
TV, indoor games, open to all hostel residents |
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Gym/Equipment |
Basic equipment (treadmill, weights) for hostelers |
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Library/Study Room |
Reading zone, open until 11:00 PM daily |
FinX Safety, Health & Policies
Safety and health are prioritized with robust policies. Hostels feature gated entry, 24x7 security personnel, and CCTV cameras on all floors. A live-in warden is responsible for discipline, late-night entries, and resident welfare. Medical support includes tie-ups with local clinics for emergency care; minor first-aid is available in-house. All residents must observe entry by 10:00 PM, with late entry permitted only on written approval. Visitors are allowed in designated hours under supervision. Prohibited items and strict quiet hours help maintain a positive academic environment.
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Gated hostel entry with controlled access
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Resident warden and 24-hour security
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First-aid kit on site; local hospital access
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Entry closed after 10:00 PM
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No smoking, alcohol, or unauthorized appliances
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Policy |
Key Point |
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Visitor Hours |
3:00–7:00 PM, common area only, register at gate |
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Quiet Hours |
10:00 PM–6:00 AM; enforced on all floors |
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Leave/Overnight Out Pass |
Advance written approval from warden required |
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Medical Support |
On-call medical assistance, first-aid kit, tie-up with hospital 1 km away |
FinX Hostel Allotment & Application
Securing hostel accommodation at FinX Mumbai involves a structured process beginning with the release of an online application window synchronized with semester admissions. Applicants must upload their offer letter, identity and residence proofs, and, where required, income certificates. Priority is generally accorded to outstation and merit-listed candidates. Fee payment is scheduled after allotment confirmation, and room possession happens on the notified move-in dates with a documented inventory check.
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Stage |
What to Do |
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Application |
Fill hostel portal/form during declared timeline; upload eligibility documents |
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Verification |
Submit offer letter, ID, residence proof, and other specified docs |
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Allotment |
Merit/outstation/distance-based priority; list released post-verification |
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Fee Payment |
Pay notified hostel charges in full by invoice deadline (usually before reporting) |
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Reporting |
Room possession on move-in date; inventory and checklist verification |
