PGP FEE PAYMENT SCHEDULE FOR 2020-21

Amount in Rs.
1 Admission fee (Non-refundable) - Payable within 10 days on receipt of offer of admission
250,000
GST at 18%
45,000
Total admission fee (Non refundable)
(Payable at the of accepting the offer of admission) 295,000
Students have the option of paying the other fees either in one installment or two installments. The details are as follows :

Amount in Rs.
Amount payable if paid in single Amount payable if paid in two installments
installment 1st Installment 2nd Installment*
Shared Studio Shared Studio Shared Studio
Accommodation Accommodation Accommodation Accommodation Accommodation Accommodation
Due on or before 31-03-2020 Due on or before 31-03-2020 Due on or before 07-09-2020
2 Tuition fee
24,54,000 24,54,000 12,27,000 12,27,000 12,27,000 12,27,000
3 Accommodation fee
2,89,000 4,16,000 1,44,500 2,08,000 1,44,500 2,08,000
4 Onetime fee for ISB Alumni for use
of ISB Library & Recreation Centre 15,000 15,000 15,000 15,000 - -
Alumni Association Membership
5 deposit (transferable to Alumni
25,000 25,000 25,000 25,000 - -
association fund upon graduation)
Total fees
27,83,000 29,10,000 14,11,500 14,75,000 13,71,500 14,35,000
6 Interest @ 6% on 2nd Installment
- - - - 34,720 36,327
Subtotal
27,83,000 29,10,000 14,11,500 14,75,000 14,06,220 14,71,327
7 GST at 18%
5,00,940 5,23,800 2,54,070 2,65,500 2,53,120 2,64,839
8 Security Deposit (Interest free
refundable at the end of the 20,000 20,000 20,000 20,000 - -
academic year)
9 Insurance Premium towards At Actuals At Actuals At Actuals At Actuals
hospitalisation insurance policy - -
10 Total (Sl. No. 2-8)
33,03,940 34,53,800 16,85,570 17,60,500 16,59,340 17,36,166

ISB reserves the right to accept delayed payment between 01th April – 8th April 2020 with late payment fee of INR 10000/- plus taxes on case to case basis. The
decision of authorized person of ISB shall be final in such cases. You may download the details of Fee Structure for the purpose of applying for an educational
Loan.

a. Taxes and cases shall be payable as per the rates applicable at the time of payment
c. Deferral deposit remitted, and tuition waiver awarded (if any) shall be deducted from the amount payable at the time of enrolment.
d. Tuition fee waiver awarded to the student shall be deducted from tuition fee payable proportionately against as per the amount due for the instalment
option by the student. Tuition fee waiver shall stand withdrawn if the student withdraws from the programme before graduation or in case of any
disciplinary action under the rules and regulations of ISB.