PGP MFAB Fees and Financing
PGP MFAB
Fees and Financing
Programme Fee Schedule
PGP MFAB programme fee for the academic year 2026-27 is ₹42,13,000 + GST. This fee includes tuition, course materials, meals, accommodation during residencies, lodging for the international immersion programme, and lifetime access to the Learning Resource Centre (LRC) and recreation centre
It does not include travel costs from your home location to both ISB campuses or travel to the international site for the immersion programme
Instalment-wise Fee Payment Schedule
Note: This fee structure applies to the PGP MFAB Co '27, which will be enrolled in August 2026. The fee structure for the PGP MFAB Co '28 will be announced shortly.
| Instalment | Amount (₹) | GST (₹) | Total (₹) | Due Date |
| Admission Fee | ₹3,00,000 | ₹54,000 | ₹3,54,000 | As per the admission offer |
| 1st Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | June 15, 2026 |
| Security Deposit (Refundable) | ₹20,000 | — | ₹20,000 | June 15, 2026 |
| 2nd Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | September 30, 2026 |
| 3rd Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | January 31, 2027 |
| 4th Instalment — Tuition Fee | ₹9,78,250 | ₹1,76,085 | ₹11,54,335 | June 15, 2027 |
Total Programme Fee inclusive of GST: ₹49,91,340
All candidates will be required to pay a refundable security deposit of ₹20,000 along with the first instalment. This amount will be returned upon successful programme completion after adjusting for any outstanding dues.
Participants may incur the following out-of-pocket expenses during the programme:
- Travel between your location and the ISB campuses
- Travel to the international immersion programme location
- Accommodation during field trips and associated travel
- Laptops or other electronic aids recommended by the Programme Office
- Miscellaneous expenses like mini bar, laundry, beverages, meals outside campus
- ISB reserves the right to revise the programme fee.
- Programme fees are quoted in Indian Rupees (INR). International participants may remit fees in foreign currency based on the prevailing exchange rate.
- The total fees (admissions fee + tuition fees + accommodation fee + other components) of the programme remain unchanged, irrespective of the changes in the delivery format, which can be offline, online or hybrid.
- It is mandatory for all participants to stay in school-sanctioned accommodation during on-campus residencies.
- All participants must possess a personal laptop for coursework, the minimum specifications of which will be sent before the programme start date.
| Eligibility |
|
| Loan Quantum | The maximum eligible loan for Students of ISB, Hyderabad & Mohali – Limit up to Rs. 50.00 lakhs |
| Margin Money | Nil (Scholarship/assistantship if any to be included in margin.) |
| Processing Charges | Nil |
| Security |
|
| Rate of Interest | 7.35% (Floating) |
| Repayment Tenure |
|
| Expenses Considered for Loan |
|
| Insurance cover | Obtention of life insurance cover is not mandatory, however it can be obtained at the option of the student borrower. Insurance premium can be a part of education loan project cost. |
| Pre-payment Charges | Nil |
| Contact Persons |
Mr Patan Khalimullah Khan, Nodal Branch Details: Mrs Ramya K Mrs B Swati Mohali Branch Details: Mrs. Rashmi Kumari Mr. Iqbal Singh Jaswal |
| EMI Calculator | https://canarabank.com/emi |
|
Maximum Loan Amount |
Rs. 50 lacs |
| Margin Money |
Nil |
| Repayment Period | 15 Years(Excluding Moratorium i.e. Course Period+1 Year) |
| Moratorium period | Course period + 1 Year |
| Rate of Interest |
For Loans upto Rs. 20Lakhs: 8.05% For Loans above Rs. 20Lakhs: 8.10% |
| Processing Fee Amount | Nil |
| Insurance Cover | Insurance Cover included Equivalent to Loan Amount for repayment Period |
| Collateral / Security | No collateral security, except assignment of present as well as future income of the student |
| Co-borrower | No Co- Borrowers |
| Pre-payment Charges | Nil |
| Contact Point |
1. Gachibowli -Branch Mr.Sourabh Shulka Chief Manager, Branch Head Mobile No:6304903723. Mail ID : bmhyde3811@centralbank.co.in 2.Kukatpally Branch Mr.T. Vivekanand Senior Manager, Branch Head Mobile No:6304903731 Mail ID : bmhyde3856@centralbank.co.in 3.Credit Dept./RAC Mr.Sameer Ghormade,Chief Manager,RAC/Credit Incharge Mobile No: 7262081444 Mail Id : : rachydero@centralbank.co.in 4. Madhapur Branch K. Shailesh Manager Mobile No: 9494929829 |
| Eligibility | Post Graduate Management Programs offered at all ISB campuses across India. |
| Loan Amount | Up to 100% cost of education |
| Margin | NIL |
| Collateral Security | Not mandatory, the unsecured loan covers 100% of the tuition fee and accommodation expenses, with no margin money required. |
| Rate of Interest | 8.75%* p.a. onwards |
| Repayment Period | Up to 168 months |
| Co-Borrower | Father, Mother, Spouse, Brother or Sister |
| Income Tax Benefit | Yes, Tax benefits under section 80E of the Income Tax Act, 1961 |
| Loan Type | Unsecured & secured |
| Insurance | Loan insurance is optional; however, the student borrower may choose to avail it, and the insurance premium can be included in the education loan amount. |
| Key Benefits |
|
| Contact Point |
Cluster Manager– Dibyananda Behera :– 7391058833 Email : dibyananda.behera@credila.com |
IDFC FIRST Bank Education loan will carry unique features and conveniences like:
- Unsecured loans of up to Rs. 40 lakh*
- Faster Approvals
- Up to 100% financing (with living expenses)
- Income Tax benefits under section 80E
- Widest range of pre-approved courses
- Personalized loan solutions
- Attractive & competitive interest rates
| Maximum loan amount | Rs.50 Lakhs (incl GST) |
| Margin Money | 0 |
| Course Period | 18 Months |
| Repayment Period | 180 Months |
| Moratorium Period | Course Period+1 month moratorium |
| Rate of Interest (EBLR+CRP+BSP=8.55% + CRP+BSP | 8.00% Floating (co-borrower mandatory) after 0.60% concession |
| Repayment Options | Servicing the interest during course period and Moratorium Period to be mandatory. |
| Processing Fee Amount | NIL |
| Insurance Cover |
Life Insurance of the student will be covered under Rinn Raksha scheme or any other scheme in vogue in SBI from time to time. Premium will be a part of the expenses considered for total loan amount |
| Collateral Security | Nil |
| Co-borrower | Mandatory for Part Time Course |
| Pre-payment Charges | NIL |
| Contact Point |
SBI HUC Br Hyderabad 05916: 1. Mr. Balla Dayakar, Chief Manager: 9949031301 2. Mr. A Harinath, Manager: 8008179998 3. Miss. Anmol Mohan, Field Officer: 7032659200 4. Mr. Likhith, Special Point of Contact: 7893879124 Mohali Main Branch: Mr. Deepak Kumar (Branch Head) Phone No: 9766939993 Ms. Konica Sharma (Deputy Branch Head) Phone No: 9816650471 Mr. Ajay Sood (Coordinator Ed. Loans) Phone No: 7508128080 Email ID: SBI.01828@SBI.CO.IN |
| Branch Address |
STATE BANK OF INDIA, EMAIL: sbi.05916@sbi.co.in |