The National Institute of Bank Management - [NIBM] in Pune, Maharashtra, India, provides a select range of scholarships to support students pursuing its flagship management programs. These scholarships are designed to reward both merit and financial need, often taking the form of tuition fee waivers. Assistance is primarily offered via the institute’s Merit-cum-Means Scholarship and through affiliation-based financial benefits, ensuring that talented candidates from limited backgrounds are not excluded from advanced management studies.
- National Institute of Bank Management - [NIBM] Scholarships Overview
- National Institute of Bank Management - [NIBM] Eligibility
- National Institute of Bank Management - [NIBM] Required Documents
- National Institute of Bank Management - [NIBM] Application Process
- National Institute of Bank Management - [NIBM] Scholarship Details
- National Institute of Bank Management - [NIBM] Additional Notes
National Institute of Bank Management - [NIBM] Scholarships Overview
NIBM Pune scholarships are intended to recognize high academic achievement and support students who face financial hardship. The dominant waiver scheme at the institute is the Merit-cum-Means Scholarship, which covers a significant portion of tuition fees for selected students. Some students may also receive ancillary financial benefits through the institute’s academic partnerships.
Merit-based waivers (typically based on graduation and entrance exam scores)
Need/EWS-based support for students below defined annual income limits
Limited government or external category-based schemes (as available)
National Institute of Bank Management - [NIBM] Eligibility
NIBM’s scholarship selection is highly competitive, focusing on candidates who demonstrate academic excellence and come from families with restricted annual income. For core scholarships, applicants generally need a minimum graduation score (at least 60%) and qualifying entrance exam performance (such as CAT, XAT, or CMAT). The annual family income threshold is typically less than ₹4.5 lakh. The process may include additional evaluation steps such as personal interviews conducted by an institute panel.
National Institute of Bank Management - [NIBM] Required Documents
Candidates must provide official documentation to validate both their academic records and financial background. The following are commonly required:
Graduation marksheets and degree certificates
Entrance exam scorecard (CAT/XAT/CMAT)
Proof of annual family income (IT returns/salary certificate)
Government-issued photo ID (Aadhaar, PAN, or passport)
Category certificates (if applicable; e.g., SC/ST/OBC/EWS)
National Institute of Bank Management - [NIBM] Application Process
Scholarship applications at NIBM Pune are usually submitted along with or shortly after the admission form, through the official institute portal. Applicants should closely monitor the scholarship application deadline, which typically aligns with the admission offer window. All required documents must be uploaded in the specified format to avoid disqualification. Final selection may involve a personal interview and verification process.
National Institute of Bank Management - [NIBM] Scholarship Details
The following table summarizes major scholarship schemes and financial benefits currently available at the NIBM Pune campus. All awards are subject to document verification and seat-type availability, with precise numbers subject to change annually.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit-cum-Means Scholarship | Annual family income < ₹4.5 lakh; minimum 60% in graduation; valid CAT/XAT/CMAT score; selection via institute interview | ₹1,50,000 per annum (up to 8 students) | Scholarship is non-repayable. Continuation subject to performance. |
CFA University Affiliation Program Waiver | Enrolled PGDM students opting for the CFA program | USD 750 waiver on CFA Program enroll. fee; reduced exam fee (approx. USD 350) | For eligible PGDM students. External to core NIBM fee. |
National Institute of Bank Management - [NIBM] Additional Notes
Continuation of all scholarships requires students to maintain a minimum CGPA as specified by NIBM (usually no warning grades or backlogs) and comply with attendance and conduct requirements. Typically, a scholarship cannot be combined with other institute awards. The number of scholarships may be capped (for example, the Merit-cum-Means is usually limited to 8 recipients per batch), and final selection depends on overall merit and verification outcomes.
