Does IIM Indore provide NBFA to a student who doesn't have residential proof?
Asked about IIM Indore - Indian Institute of Management - Five Year Integrated Programme in Management (IPM)
One who doesn't has good financial background and staying on rent, has no residential proof. Do they get NBFA or complete loan for iim?
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1 Answer
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Hi, IIM-Indore provides Need-Based Financial Assistance to the students of IPM and PGP (Post Graduate Programme in Management). The families with Gross Annual Income less than Rs. 9,00,000 during the relevant financial year are eligible to apply for NBFA. However, there are several slabs based on family income. In its application form, you need to state and list the value of all fixed assets you hold, including the agricultural land, residential and the expected annual income. However, if you still need further assistance you can refer to FAQ and application form on the Official website of IIM Indore under IPM tab.
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