Fee Structure for B.Tech Finance at INDORE INSTITUTE OF MANAGEMENT AND RESEARCH
The total fee structure for the B.Tech Finance program is designed to be transparent and comprehensive, covering all aspects of academic and residential expenses. The fees are subject to annual revision based on inflation and institutional requirements.
Annual Fee Structure (Per Semester)
| Fee Head | Amount (INR) |
|---|---|
| Tuition Fee | 2,50,000 |
| Hostel Rent | 1,00,000 |
| Mess Advance | 30,000 |
| Student Benevolent Fund | 5,000 |
| Medical Fees | 2,000 |
| Gymkhana Fees | 3,000 |
| Examination Fees | 5,000 |
| Other Charges | 10,000 |
| Total Fee Per Semester | 4,05,000 |
Detailed Explanation of Fee Components
Tuition Fee (INR 2,50,000): Covers instruction costs, library access, laboratory facilities, and administrative support. This fee includes all course materials and digital resources required for academic success.
Hostel Rent (INR 1,00,000): Includes accommodation in a well-maintained hostel facility with basic amenities such as Wi-Fi, laundry services, and 24/7 security. The rent is inclusive of utilities like electricity, water, and internet connectivity.
Mess Advance (INR 30,000): This advance covers food expenses for the entire semester. Students can utilize the mess facility multiple times per day, with a variety of vegetarian and non-vegetarian options available daily.
Student Benevolent Fund (INR 5,000): A fund established to assist financially disadvantaged students with emergency needs or special academic requirements.
Medical Fees (INR 2,000): Covers medical consultations, medicines, and basic healthcare services provided by the campus medical center.
Gymkhana Fees (INR 3,000): Includes access to sports facilities, gymnasium, and recreational activities organized by the student union.
Examination Fees (INR 5,000): Covers examination registration, evaluation, and result processing fees for all semesters.
Other Charges (INR 10,000): Miscellaneous charges including printing, stationery, event organization, and additional administrative costs.
Hostel & Mess Charges
The hostel facilities at INDORE INSTITUTE OF MANAGEMENT AND RESEARCH offer a comfortable living experience for students. There are different room types available:
- Single Room: INR 50,000 per semester
- Double Room: INR 60,000 per semester
- Triple Room: INR 70,000 per semester
- Quad Room: INR 80,000 per semester
The mess system operates on a monthly billing cycle with flexible meal options. Students are advised to maintain their mess account balances regularly to avoid disconnection.
Fee Waivers, Concessions, and Scholarships
Financial assistance is available through various schemes:
- SC/ST/PwD Category: 100% waiver on tuition fee and hostel charges
- EWS Category: 50% waiver on tuition fee and full waiver on hostel charges
- MCM (Minority Community Member): 25% waiver on tuition fee and 50% on hostel charges
Eligibility criteria are based on income slabs and caste certificates. Applications for fee concessions must be submitted along with supporting documents during the admission process.
Payment Procedures & Refund Policy
Payment Deadlines: All fees must be paid by the specified date mentioned in the official notice board or portal. Late payments attract a late fee of INR 1,000 per day beyond the deadline.
Refund Rules: Refunds are processed only for withdrawals within the first week of the semester. After this period, no refunds are granted except in exceptional circumstances such as admission cancellation or medical emergencies with verified documentation.
Payment Methods: Fees can be paid online via net banking, credit/debit cards, or through NEFT/RTGS transfers. Cash payments are not accepted for security reasons.