IIM Indore Scholarships 2026 primarily include the Need-Based Financial Assistance (NBFA) for PGP, PGP-HRM, and IPM students, along with full financial support for DPM scholars. These initiatives are designed to support students from economically weaker backgrounds and promote academic excellence.
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IIM Indore Scholarships 2026
The NBFA Scheme at IIM Indore is offered to students with an annual family income below INR 12,00,000. IIM Indore conducts a two-step evaluation process, application assessment and personal interaction, to determine the eligible students. Students from various categories, including General, EWS, SC, ST, OBC and PwD, can apply if they meet the family income requirement.
| Criteria | NBFA Details |
| Eligible programs | PGP, PGP-HRM (PGPH), IPM |
| Maximum Annual Family Income | INR 12,00,000 |
| Category | All categories (General, EWS, SC, ST, OBC, PwD) |
| Seat Background | Students with EWS/OBC/SC/ST/PwD certificates can also apply if income criteria are met |
Note: Students who applied through the EWS quota but secured admission under General/other categories are also eligible.
IIM Indore NBFA Evaluation Process
The NBFA Committee follows a two-stage process to determine the number of awardees and the amount of financial assistance granted each year. The final NBFA awarded to a student is a percentage of the maximum assistance decided annually. Factors considered include: family income, family assets, authenticity of documents and disciplinary record at IIM Indore.
| Stage | Description |
| Stage 1: Application Review | Committee evaluates the applicant’s financial condition, income documents, and assets. |
| Stage 2: Personal Interaction | Shortlisted applicants meet the NBFA Committee for verification and need assessment. |
IIM Indore Scholarship Application Process 2026
Eligible students must fill out the NBFA form available at the PGP/IPM office at IIM Indore. The application must be complete and submitted before the deadline.
| Requirement | Details |
| Source of Form | Must be taken from PGP/IPM Office only |
| Parent/Guardian Section | Must be filled and signed by parent/guardian |
| Submission | Before due date; late applications rejected |
| Verification | Institute may verify all details submitted |
| Authority | NBFA Committee’s decision is final; Director is the appellate authority |
IIM Indore Financial Support for DPM 2026
Indian Institute of Management Indore provides comprehensive financial support to its Doctoral Programme in Management (DPM) students, including a monthly stipend, research grants, conference funding, and residential support to enable uninterrupted focus on research and academic excellence.
Fellowship & Monthly Stipend
- During Coursework: Students receive a monthly stipend of INR 40,000 throughout Terms I to V.
- Post Comprehensive Exam: After clearing the area comprehensive examination, the stipend increases to INR 45,000 per month.
- The fellowship is available for a maximum duration of 57 months (4 years and 9 months) under the programme norms.
Research Development Grant
- Each DPM student receives a Research Development Grant of INR 37,500 per annum for up to 4 years to support research activities such as data collection, field work, software access, paper preparation, and related academic expenses.
- The grant is subject to the institute’s programme norms
Conference & Travel Support
National Conference Support
- The institute subsidises expenses for presenting research papers at national conferences up to INR 30,000 per year.
- From the second year onwards, students may attend multiple national conferences within the yearly ceiling
International Conference Support
- Up to INR 2,00,000 is subsidised for international conference participation.
- Students may attend a maximum of two international conferences, including the International Doctoral Colloquium or professional workshops, during the programme period (within 5 years).
Residential & Living Support
- DPM is a full-time residential programme.
- Students are entitled to free boarding and lodging on campus throughout their course.
- Bachelor's accommodation is provided in the institute's hostels.
- Limited accommodation for married participants may be available on a paid basis, subject to availability and applicable hostel rules.
Eligibility for Financial Support 2026
- Admission to the Doctoral Programme in Management (DPM): Only students formally admitted into the DPM programme at IIM Indore are eligible for financial support benefits.
- Continued eligibility for stipend and grants is subject to fulfilling academic progression requirements of the programme.
Is a separate application required for DPM financial support at IIM Indore?
No, students admitted to the Doctoral Programme in Management automatically become eligible for financial support under the IIM Indore Scholarships 2026. There is no separate scholarship application, and continued support depends on academic progress.
How to Apply
- Online Application: Visit the IIM Indore DPM admission portal and submit the online application form before the deadline (e.g., February 28, 2026 for the 2026 batch).
- Screening & Shortlisting: Candidates are shortlisted based on academic profile and eligibility.
- Personal Interview: Shortlisted applicants appear for a personal interview at IIM Indore.
- Final Selection: Admission offers are made based on the interview and area requirements.
- Acceptance & Enrollment: Selected candidates accept the offer to become eligible for financial support benefits during the programme.
Note: Financial support is provided only after admission into the DPM programme, and is automatic once a student meets the programme requirements, no separate scholarship application is needed.
IIM Indore Scholarship FAQs
Does IIM Indore offer scholarships?
Yes, IIM Indore Scholarships 2026 include the Need-Based Financial Assistance (NBFA) scheme for PGP, PGP-HRM, and IPM students, along with full financial support for DPM scholars. These scholarships aim to support students from economically weaker backgrounds and ensure equal access to quality education at IIM Indore.
What is the NBFA scholarship at IIM Indore?
The NBFA scholarship at IIM Indore is a need-based financial support scheme offered to eligible students whose annual family income is below INR 12 lakh. Under IIM Indore scholarships, the assistance is provided after evaluating income, assets, and overall financial need through a structured process.
Who can apply for the IIM Indore Scholarships 2026?
Students enrolled in PGP, PGP-HRM, and IPM programs at IIM Indore can apply for IIM Indore Scholarships 2026 if their annual family income is below INR 12 lakh. Students from General, EWS, SC, ST, OBC, and PwD categories are eligible, subject to meeting the income criteria.
Is there a separate IIM Indore scholarship for General category students?
There is no separate scholarship category; however, General category students are fully eligible for IIM Indore scholarships under the NBFA scheme if they meet the prescribed income criteria. Eligibility is based on financial need, not category alone.
Does IIM Indore offer merit-based scholarships?
IIM Indore Merit Scholarships are not offered as standalone awards. Instead, the institute focuses on need-based financial assistance (NBFA), where financial background and eligibility determine scholarship support under IIM Indore Scholarships 2026.
How does IIM Indore evaluate NBFA applications?
The NBFA evaluation at IIM Indore follows a two-stage process. First, the NBFA Committee reviews income documents, assets, and financial details. Shortlisted candidates then attend a personal interaction, where financial need and document authenticity are assessed before awarding assistance.
How can students apply for IIM Indore scholarships?
To apply for IIM Indore scholarships, eligible students must collect and submit the NBFA application form from the PGP/IPM Office. The form must be completed, signed by a parent or guardian, and submitted before the deadline. Late or incomplete applications are not accepted.
What financial support does IIM Indore offer to DPM students?
Under the IIM Indore Scholarships 2026, DPM students receive comprehensive financial support, including a monthly stipend, research development grants, conference funding, and free residential facilities, enabling them to focus entirely on academic research.
Can students get a 100% scholarship at IIM Indore?
While IIM Indore scholarships do not explicitly guarantee a 100% fee waiver, the NBFA scheme provides partial financial assistance based on individual financial need. For DPM students, full financial support is provided in the form of stipends and academic funding.
