Quick Summary
- NIBM Pune Fees for the 2026–28 PGDM (B&FS) batch are ₹17.64 lakh for two years, covering academic fee, hostel charges and alumni fees.
- The two-year academic fee is ₹15.36 lakh.
- The two-year hostel charge is ₹2.16 lakh.
- Alumni fees total ₹12,000 over two years.
- Students also pay a refundable security deposit of ₹12,000 and refundable mess deposit of ₹8,000.
- Including the refundable deposits, the scheduled two-year payment amount is ₹17.84 lakh.
- Mess charges are not included in the published NIBM Pune fee structure.
- The programme is a two-year full-time residential PGDM in Banking & Financial Services.
- NIBM's 2026–28 selection process accepts CAT 2025 or GMAT scores for screening.
- The 2023–25 batch reported 100% placement, with a highest package of ₹26.59 LPA and median package of ₹15 LPA.
- NIBM offers a full tuition waiver scholarship for a limited number of economically and socially challenged deserving students as per institute criteria.
NIBM Pune Fees: Complete Fee Structure, Tuition Fees, Hostel Fees & Other Charges
Introduction
NIBM Pune Fees are an important consideration for candidates planning to join the Post Graduate Diploma in Management (Banking & Financial Services) for the 2026–28 batch. The National Institute of Bank Management (NIBM), Pune is an autonomous academic institution established in 1969 by the Reserve Bank of India in consultation with the Government of India and other banks. Its flagship PGDM is a specialised two-year programme focused on banking, financial services, finance, risk, analytics and related areas.
For the 2026–28 batch, the official NIBM fee structure lists an academic fee of ₹7.68 lakh per year, hostel charges of ₹1.08 lakh per year and alumni fees of ₹6,000 per year. This makes the published fee components ₹8.82 lakh per year, or ₹17.64 lakh for two years, excluding the refundable ₹12,000 security deposit and ₹8,000 mess deposit. The institute separately states that mess charges are not included in the published fee.
The current 2026–28 fee structure is therefore different from older NIBM fee figures that may still appear on education websites. Candidates should use the official 2026–28 fee document when calculating their admission budget.
This article explains the complete NIBM Pune Fees 2026–28, including academic fees, hostel charges, refundable deposits, mess expenses, term-wise payments, scholarships, education loans, refund rules and the practical cost of studying at NIBM Pune.
Table of Contents
NIBM Pune Fees 2026–28 at a Glance
NIBM Pune PGDM Programme Overview
Total NIBM Pune Fees for 2026–28
NIBM Pune Tuition and Academic Fees
NIBM Pune Hostel Fees
Security Deposit and Mess Deposit
NIBM Pune Mess Charges
Term-Wise Fee Structure
Year-Wise NIBM Pune Fees
What Is Included in the Fee?
Additional Expenses Students Should Consider
NIBM Pune Scholarships
Education Loan Facility
NIBM Pune Fee Refund and Cancellation Policy
NIBM Pune Admission Process
NIBM Pune Eligibility
CAT/GMAT Cutoff for 2026–28
Selection Process and Weightage
NIBM Pune Course Structure and Learning Areas
NIBM Pune Placement Information
NIBM Pune Campus and Residential Facilities
Is NIBM Pune Fees Worth the Investment?
Important Points Before Paying the Fee
Conclusion
NIBM Pune Fees 2026–28 at a Glance
The official fee structure for the NIBM PGDM (Banking & Financial Services) 2026–28 batch gives a clear breakup of academic, hostel and alumni charges.
| Fee Component | First Year | Second Year | Two-Year Total |
|---|---|---|---|
| Academic Fee | ₹7,68,000 | ₹7,68,000 | ₹15,36,000 |
| Hostel Charges | ₹1,08,000 | ₹1,08,000 | ₹2,16,000 |
| Alumni Fees | ₹6,000 | ₹6,000 | ₹12,000 |
| Published Fee Total | ₹8,82,000 | ₹8,82,000 | ₹17,64,000 |
| Security Deposit | ₹12,000 | — | ₹12,000 |
| Mess Deposit | ₹8,000 | — | ₹8,000 |
| Total Including Refundable Deposits | ₹9,02,000 | ₹8,82,000 | ₹17,84,000 |
The ₹17.64 lakh figure is the total of the academic fee, hostel charges and alumni fees for two years. The additional ₹20,000 consists of the refundable security deposit and mess deposit. NIBM's 2026–28 prospectus states that the published fee does not include mess charges.
Therefore, students should not interpret ₹17.64 lakh as the complete amount they will spend during the programme because mess expenses and other personal costs are separate.
NIBM Pune PGDM Programme Overview
NIBM Pune offers the PGDM (Banking & Financial Services) as its flagship two-year management programme. The programme is designed specifically around the requirements of the banking and financial-services industry rather than being a general MBA-style programme. NIBM describes the programme as AICTE-approved and its 2026–28 prospectus identifies the PGDM as AICTE-approved, AIU-equivalent and NBA-accredited.
NIBM was established in 1969 by the Reserve Bank of India in consultation with the Government of India and other banks. The institute functions as an autonomous academic institution with a Governing Board, whose Chairman is the Governor of the Reserve Bank of India.
The programme is intended for students who want to build careers in areas such as:
Banking
Financial services
Credit
Risk management
Treasury
Investment
Financial analytics
Corporate banking
Consulting
FinTech
Compliance
International banking and finance
The curriculum combines classroom learning with case studies, projects, industry interaction, simulations and an eight-week summer internship.
Total NIBM Pune Fees for 2026–28
The NIBM Pune Fees for the 2026–28 batch total ₹17.64 lakh when academic fee, hostel charges and alumni fees are combined.
The calculation is:
Academic Fee: ₹15.36 lakh
Hostel Charges: ₹2.16 lakh
Alumni Fees: ₹12,000
Published Two-Year Fee: ₹17.64 lakh
There are also two refundable deposits:
Security Deposit: ₹12,000
Mess Deposit: ₹8,000
Therefore, the total amount payable including these deposits comes to:
₹17.64 lakh + ₹20,000 = ₹17.84 lakh
However, ₹20,000 should not be treated as a permanent academic expense because NIBM identifies these deposits as refundable. The fee document states that the security/mess deposit is refunded at the end of the PGDM programme, after April 2028.
NIBM Pune Tuition and Academic Fees
The academic component is the largest part of the NIBM Pune Fees.
For the 2026–28 batch, NIBM has published:
₹7,68,000 academic fee for the first year
and
₹7,68,000 academic fee for the second year.
Thus, the two-year academic fee is:
₹15,36,000
or
₹15.36 lakh.
The academic fee is paid term-wise rather than as one single payment for the entire two-year programme.
For the first year, the academic fee is divided into:
Term 1: ₹2,97,160
Term 2: ₹2,35,420
Term 3: ₹2,35,420
For the second year:
Term 4: ₹2,97,160
Term 5: ₹2,35,420
Term 6: ₹2,35,420
The higher amount in Terms 1 and 4 reflects the structure of the fee schedule, while Terms 2, 3, 5 and 6 have the lower academic-fee amount.
NIBM Pune Hostel Fees
One of the important features of NIBM is its residential campus.
Unlike institutes where hostel accommodation is an optional external expense, the NIBM PGDM (B&FS) is a full-time residential programme. NIBM's official hostel information states that PGDM students reside in the institute's residential facilities and that the campus is designed as a self-contained academic and residential environment.
For the 2026–28 batch, the official fee structure lists:
Hostel Charges: ₹36,000 per term
There are six terms over the two-year programme.
Therefore:
₹36,000 × 6 terms = ₹2,16,000
So the total hostel component for two years is:
₹2.16 lakh.
The annual hostel cost is:
₹1.08 lakh per year.
This makes the residential component relatively straightforward to calculate from the official fee schedule.
NIBM Pune Hostel and Campus Facilities
NIBM's campus is designed to provide students with accommodation, academic infrastructure and recreational facilities within the same campus.
The institute states that its campus covers approximately 62 acres on its current hostel-and-dining page, while the Director's Desk describes the campus as spread across 60 acres. Since the institute's current hostel page explicitly gives 62 acres and the 2026–28 programme prospectus focuses on the programme rather than a campus-area figure, the current official institutional pages should be consulted for the latest campus-area description.
Facilities described by NIBM include:
Residential accommodation
Dining facilities
Cafeteria
Lecture halls
Computer facilities
Library
Wi-Fi
Medical facilities
Sports facilities
Gymnasium
Indoor games
Outdoor games
Multipurpose hall
Finance laboratory
NIBM's campus is also described as having its own water supply, sewage treatment plant, bio-gas plant, electric substation and water-filtration infrastructure.
The campus environment is therefore a significant part of the overall residential experience and should be considered when evaluating NIBM Pune Fees.
Security Deposit and Mess Deposit
Students joining the 2026–28 batch have to account for two refundable deposits:
| Deposit | Amount | Nature |
|---|---|---|
| Security Deposit | ₹12,000 | Refundable |
| Mess Deposit | ₹8,000 | Refundable |
| Total | ₹20,000 | Refundable |
The official fee structure identifies the combined ₹20,000 amount in the first term and states that it is refunded at the end of the PGDM programme, after April 2028.
This distinction is important.
A student may initially have to arrange ₹9.02 lakh for the first-year fee schedule including the deposits, but ₹20,000 of this is not a permanent programme cost.
NIBM Pune Mess Charges
Mess charges are not included in the published NIBM Pune Fees.
The 2026–28 prospectus explicitly states:
"The above fee does not include Mess charges."
This means students should keep a separate budget for food/mess expenses.
Because the current 2026–28 prospectus does not provide a fixed consolidated two-year mess amount in the published programme-fee table, it would not be appropriate to add an estimated mess cost to the official ₹17.64 lakh figure.
The correct budgeting approach is:
Published programme-related fee: ₹17.64 lakh
Refundable deposits: ₹20,000
Mess: Additional
Personal expenses: Additional
Travel and miscellaneous expenses: Additional
This avoids mixing an estimated expense with officially published NIBM Pune Fees.
Term-Wise NIBM Pune Fee Structure
The official 2026–28 fee document gives the following term-wise structure.
| Term | Academic Fee | Hostel | Alumni Fee | Other/Deposit | Total Payable |
|---|---|---|---|---|---|
| Term 1 | ₹2,97,160 | ₹36,000 | ₹2,000 | ₹20,000 deposit | ₹3,55,160 |
| Term 2 | ₹2,35,420 | ₹36,000 | ₹2,000 | — | ₹2,73,420 |
| Term 3 | ₹2,35,420 | ₹36,000 | ₹2,000 | — | ₹2,73,420 |
| Term 4 | ₹2,97,160 | ₹36,000 | ₹2,000 | — | ₹3,35,160 |
| Term 5 | ₹2,35,420 | ₹36,000 | ₹2,000 | — | ₹2,73,420 |
| Term 6 | ₹2,35,420 | ₹36,000 | ₹2,000 | — | ₹2,73,420 |
The term-wise totals add up to ₹17.84 lakh including the ₹20,000 refundable deposits.
The underlying academic, hostel and alumni components add up to ₹17.64 lakh.
Year-Wise NIBM Pune Fees
The yearly calculation is simpler.
First Year
Academic fee: ₹7,68,000
Hostel: ₹1,08,000
Alumni fee: ₹6,000
Published first-year total: ₹8,82,000
Refundable deposits: ₹20,000
First-year payment including deposits: ₹9,02,000
Second Year
Academic fee: ₹7,68,000
Hostel: ₹1,08,000
Alumni fee: ₹6,000
Second-year total: ₹8,82,000
No additional refundable deposit is listed for the second year in the 2026–28 fee schedule.
What Is Included in NIBM Pune Fees?
The published NIBM Pune Fees include three major components:
Academic fee
Hostel charges
Alumni fee
The academic fee represents the principal programme cost.
The hostel fee covers the residential component.
The alumni fee is charged at ₹6,000 per year.
However, the published fee does not include mess charges.
The ₹20,000 security and mess deposits are refundable and therefore should be treated separately when calculating the permanent cost of the programme.
Additional Expenses Students Should Consider
Although NIBM Pune Fees are clearly published, the total amount a student spends during two years can be higher.
Students should separately budget for:
Mess charges
Personal expenses
Travel
Mobile expenses
Personal medical expenses
Academic accessories
Laptop or computing requirements
Clothing and daily-use items
Emergency expenses
Personal recreation
Travel home during breaks
The exact value of these expenses varies from student to student.
It is therefore better not to present a made-up "total cost of living" when the institute has not officially specified a fixed amount.
NIBM Pune Scholarships
NIBM provides financial support through a full tuition waiver scholarship for economically and socially challenged students.
The 2026–28 prospectus states that the scholarship is available for a limited number of deserving candidates according to institute criteria.
This is particularly relevant when calculating NIBM Pune Fees because the scholarship is described as a full tuition waiver, not as a waiver of every expense.
Students should therefore distinguish between:
Tuition/academic fee waiver
and
Total cost of attendance.
Even where tuition is waived, hostel, mess, personal and other applicable expenses may still need to be considered according to the scholarship's terms.
Candidates should check the current scholarship notification and eligibility conditions before assuming that they will receive the waiver.
Education Loan for NIBM Pune
NIBM's 2026–28 prospectus states that education loans are available from leading scheduled commercial banks.
The prospectus specifically names:
State Bank of India
Bank of Baroda
Canara Bank
Union Bank of India
Punjab National Bank
Bank of Maharashtra
among the banks offering education loans to NIBM students on preferential terms and conditions.
For a programme with a published two-year cost of ₹17.64 lakh before mess and personal expenses, education financing can be an important consideration.
Students comparing loans should examine:
Interest rate
Processing charges
Moratorium period
Repayment period
Collateral requirements
Co-applicant requirements
Disbursement schedule
Total interest payable
The institute's statement that banks offer loans on preferential terms does not mean that every applicant automatically receives identical terms.
The final loan terms are determined by the lender and the student's eligibility.
NIBM Pune Fee Refund and Cancellation Policy
The 2026–28 NIBM prospectus states that the fee will be refunded as per AICTE norms in case of cancellation of admission.
This is important for students who may be considering other B-school offers.
Candidates should not assume that every payment is automatically refundable in every situation. The applicable AICTE refund framework and the institute's admission terms determine the actual refund treatment.
Students should therefore retain:
Admission offer
Fee receipts
Payment confirmations
Application documents
Cancellation request
Relevant correspondence
before initiating any cancellation or refund request.
NIBM Pune Admission Process
For the 2026–28 batch, NIBM's admission process involves screening through CAT 2025 or GMAT, followed by the institute's selection stages.
The prospectus states that CAT/GMAT scores are used for screening, with CAT serving as the benchmark for screening applicants.
The selection process considers:
CAT/GMAT score
Academic performance
Oral Communication Test
Personal Interview
Extracurricular activities
Sports
Work experience and related profile factors
The published weightage is:
| Selection Parameter | Weight |
|---|---|
| CAT/GMAT Scores | 35% |
| Academic Performance | 25% |
| Oral Communication Test | 10% |
| Personal Interview | 25% |
| Extracurricular Activities, Sports, Work Experience, etc. | 5% |
| Total | 100% |
The Oral Communication Test and Personal Interview are conducted offline for shortlisted candidates.
NIBM Pune Eligibility for 2026–28
The 2026–28 prospectus states that applicants must hold a bachelor's degree with at least 50% marks, or equivalent CGPA.
For candidates belonging to reserved categories, the requirement is 45% marks or equivalent.
Final-year bachelor's degree students can also apply subject to NIBM's conditions.
The institute requires final-year candidates to provide the prescribed certification and complete their degree requirements within the stipulated timeline.
For the 2026–28 batch, NIBM specifies June 30, 2026 as the date by which final-year candidates must have completed all requirements for obtaining their bachelor's degree, while the marksheet and degree certificate submission deadline is October 31, 2026 under the stated conditions.
NIBM Pune CAT/GMAT Cutoff 2026–28
NIBM's 2026–28 prospectus gives indicative category thresholds, while also stating that the actual CAT/GMAT cutoff is decided each year after applications are received.
The prospectus lists:
| Category | Indicative Threshold |
|---|---|
| General | 80 |
| NC-OBC | 70 |
| EWS | 70 |
| SC | 65 |
| ST | 55 |
| PwD | 55 |
The later official shortlist notice for 2026–28 gives the actual cutoff scores used for shortlisting for the OC & PI stage as:
| Category | CAT/GMAT Cutoff for Shortlisting |
|---|---|
| Open | 80 |
| NC-OBC | 70 |
| EWS | 70 |
| SC | 65 |
| ST | 50 |
The shortlist notice should be preferred when discussing the actual 2026–28 shortlist cutoff because it was issued for the specific admission process.
Candidates should not interpret the threshold as a guaranteed admission score. NIBM evaluates candidates through the complete selection process.
NIBM Pune Important Admission Dates 2026–28
The 2026–28 prospectus lists the following admission schedule:
| Admission Activity | Date/Timeline |
|---|---|
| Sale of Application Forms | November 27, 2025 – March 20, 2026 |
| Last Date for Online Application | March 20, 2026 |
| Oral Communication Test & Personal Interview | April/May 2026 |
| Declaration of Results | May/June 2026 |
| Classes Commence | July 2026 |
| First Fee Installment | Within 2 weeks of admission offer |
| Degree/Marksheet Submission for Eligible Final-Year Students | October 31, 2026 |
The institute states that selected candidates must pay the first fee installment within two weeks of the admission offer or risk forfeiting the seat to the next person on the waiting list.
NIBM Pune Course Structure
The PGDM curriculum is heavily oriented toward banking and financial services.
The 2026–28 prospectus shows subjects covering areas such as:
Finance
Economics
Operations
Quantitative methods
Organizational behaviour
General management
Banking systems
Banking products
Credit appraisal
Risk management
Treasury
Investment management
International banking
Foreign exchange
Bank regulation
Leadership
Strategic management
The curriculum also includes more contemporary subjects such as Big Data Analysis and Machine Learning in Banking, Blockchain and AI Applications in Banking, Anti-Money Laundering, Credit Scorecard Development and Validation with Python, and Sustainable and Responsible Business Entrepreneurship.
NIBM Pune Internship Structure
The programme includes an eight-week summer internship after completion of the first three terms.
According to the 2026–28 prospectus, the internship is intended to expose students to banking and financial-sector operations and analysis.
Students also undertake:
Banking and Finance Project
Social Development Project
Case studies
Simulations
Individual assignments
Group assignments
Field visits
The Banking and Finance Project is a three-month project undertaken during Term 4/5 under faculty guidance.
NIBM Pune Placement Information
Placement outcomes are another important factor when assessing whether NIBM Pune Fees are financially reasonable.
According to NIBM's 2026–28 prospectus, the 2023–25 PGDM batch achieved 100% placement, with more than 40 recruiters across FinTech, banking, NBFCs, consulting and IT.
The prospectus reports:
| Placement Metric | 2023–25 Batch |
|---|---|
| Placement Rate | 100% |
| Recruiters | 40+ |
| Highest Package | ₹26.59 LPA |
| Median Package | ₹15 LPA |
| Average Package – Top 10% | ₹20.46 LPA |
The prospectus specifically describes ₹20.46 LPA as the average for the top 10% of the batch, so it should not be presented as the overall batch average.
Recruiters mentioned by NIBM include Accenture, Barclays, Bank of America, BNY Mellon, KPMG, PwC, Tata Capital, Wells Fargo, Cognizant, Auronova Consulting and Protiviti.
The roles covered areas such as:
Risk & Compliance
Corporate Banking
Analytics
Consulting
Product Management
Technology
NIBM Pune Internship Stipends
The 2026–28 prospectus also reports internship outcomes for the 2024–26 batch.
NIBM states that more than 34 organisations offered internship opportunities across areas including:
Risk Management
Credit
Compliance
Treasury
Analytics
Strategy
Investment Banking
The reported stipends ranged from ₹50,000 to ₹1,40,000 for the internship duration. The prospectus also mentions early internship offers for the 2025–27 batch with stipends of up to ₹1,50,000 for specific roles.
These figures are internship stipends and should not be confused with full-time placement salaries.
NIBM Pune Campus and Residential Experience
NIBM is located in Kondhwa Khurd, Pune.
The institute's official contact page gives the address as:
National Institute of Bank Management, NIBM Post Office, Kondhwa Khurd, Pune 411048, India.
The campus is designed as a self-contained residential academic environment.
NIBM describes facilities including:
Residential accommodation
Dining halls
Cafeteria
Library
Computer facilities
Finance Lab
Wi-Fi
Medical facilities
Sports facilities
Gymnasium
Indoor and outdoor games
Multipurpose hall
The campus also has sustainability-related infrastructure including solar water heating, rainwater harvesting initiatives, water filtration and sewage treatment systems.
NIBM Pune AIU Equivalence
A recent official NIBM announcement states that its PGDM (B&FS) programme has received equivalence with an MBA degree from the Association of Indian Universities (AIU).
NIBM states that the equivalence applies to the PGDM programme and can support eligibility for higher studies and certain opportunities where an MBA or equivalent master's qualification is required.
This is particularly relevant for students comparing a PGDM with a conventional MBA.
NIBM Pune NBA Accreditation
NIBM has also announced that its PGDM (Banking & Financial Services) programme has been accredited by the National Board of Accreditation (NBA).
The institute describes the accreditation as recognition of the programme's academic and industry relevance.
The 2026–28 prospectus also describes the programme as AICTE-approved, AIU-equivalent and NBA-accredited.
Is NIBM Pune Fees Worth the Investment?
Whether NIBM Pune Fees are worth paying depends largely on the type of career a candidate wants.
The programme is not positioned as a broad, general-management PGDM. Its strongest academic identity is banking and financial services.
That makes it particularly relevant for candidates targeting:
Banking
Risk
Credit
Treasury
Financial analytics
Corporate banking
Financial services
Consulting
FinTech
Compliance
The current published programme-related cost is ₹17.64 lakh over two years, excluding mess charges, with a refundable ₹20,000 deposit added to the initial payment schedule.
For comparison purposes, students should not calculate ROI using the ₹26.59 lakh highest package alone.
A more useful approach is to consider:
Total programme cost + mess + personal expenses + opportunity cost
against:
Median salary + expected career progression + role quality + long-term sector opportunities.
NIBM's reported 2023–25 median package of ₹15 lakh provides a more useful reference point than the highest salary when assessing the typical placement outcome, although even the median should not be treated as a guaranteed salary for every student.
What Makes NIBM Pune Fees Different From a Typical MBA Fee?
The structure of NIBM Pune Fees is different from many management institutes because the published amount separately identifies:
Academic fee
Hostel fee
Alumni fee
Refundable security deposit
Refundable mess deposit
At some B-schools, hostel or residential expenses may be presented separately from the headline tuition figure.
At NIBM, the 2026–28 fee document provides a combined term-wise payment schedule, making it easier to see the academic and residential components individually.
The residential nature of the programme is another important factor. NIBM's official hostel information states that the PGDM (B&FS) is a full-time residential course.
Important Things to Check Before Paying NIBM Pune Fees
Candidates should verify the following before making any payment:
Confirm that the fee schedule applies to the 2026–28 PGDM (B&FS) batch.
Check the exact amount mentioned in the admission offer.
Keep the ₹20,000 refundable deposits separate in your financial planning.
Remember that mess charges are not included.
Check the deadline for the first instalment.
Review the refund policy before paying.
If using an education loan, coordinate the disbursement schedule with NIBM's payment deadlines.
Check scholarship eligibility before assuming the full published academic fee will be payable.
Retain every payment receipt.
Do not use older NIBM fee figures from previous batches for 2026–28 budgeting.
NIBM Pune Fees: Final Cost Calculation
For the 2026–28 batch, the cleanest calculation is:
Academic Fee
₹7.68 lakh × 2 years
= ₹15.36 lakh
Hostel Fee
₹1.08 lakh × 2 years
= ₹2.16 lakh
Alumni Fee
₹6,000 × 2 years
= ₹12,000
Published Two-Year Fee
₹15.36 lakh + ₹2.16 lakh + ₹0.12 lakh
= ₹17.64 lakh
Refundable Deposits
Security deposit: ₹12,000
Mess deposit: ₹8,000
Total deposits: ₹20,000
Initial/Overall Amount Including Deposits
₹17.64 lakh + ₹20,000
= ₹17.84 lakh
Expenses Not Included in This Calculation
Mess charges
Personal expenses
Travel
Miscellaneous expenses
Other individual costs
Therefore, the safest way to describe the current NIBM Pune Fees is:
₹17.64 lakh for the published two-year academic + hostel + alumni fee, plus ₹20,000 refundable deposits, while mess and personal expenses are additional.
Conclusion
The latest official fee structure for the NIBM Pune PGDM (Banking & Financial Services) 2026–28 batch lists a total published two-year fee of ₹17.64 lakh. This consists of ₹15.36 lakh academic fees, ₹2.16 lakh hostel charges and ₹12,000 alumni fees.
Students also need to pay ₹12,000 security deposit and ₹8,000 mess deposit, both identified as refundable. Including these deposits, the scheduled two-year payment amount comes to ₹17.84 lakh. However, the institute clearly states that mess charges are not included, so students should keep a separate budget for food and personal expenses.
NIBM's PGDM is a specialised, two-year residential programme focused on banking and financial services. The institute is AICTE-approved, NBA-accredited and has received AIU equivalence for its PGDM programme.
For the 2023–25 batch, NIBM reports 100% placement, 40+ recruiters, a highest package of ₹26.59 LPA, a median package of ₹15 LPA, and an average package of ₹20.46 LPA for the top 10% of the batch.
For a candidate specifically interested in banking, finance, risk, credit, analytics, consulting or financial services, these outcomes provide useful context while assessing the cost. However, students should make their decision based on the full programme cost, career goals, expected placement role, financing requirements and personal circumstances rather than relying on the highest package alone.
The most important figure to remember for the 2026–28 admission cycle is therefore ₹17.64 lakh as the published two-year programme-related fee, with ₹20,000 refundable deposits and mess charges additional. Candidates should always verify the final payment amount and applicable terms from the official NIBM admission communication before making payment.
About NIBM Pune
The National Institute of Bank Management was established in 1969 by the Reserve Bank of India in consultation with the Government of India and other banks. The institute operates as an autonomous academic institution and focuses on education, research, training and consultancy in banking and financial services.
Its PGDM (Banking & Financial Services) is designed specifically to develop management professionals for the banking and financial-services sector, combining academic learning with industry interaction, internships, projects and practical exposure.
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Key Takeaways
The latest official NIBM Pune Fees for 2026–28 are ₹17.64 lakh excluding refundable deposits and mess charges.
The academic fee is ₹7.68 lakh per year or ₹15.36 lakh for two years.
The hostel fee is ₹1.08 lakh per year or ₹2.16 lakh for two years.
Alumni fees are ₹6,000 per year.
A refundable security deposit of ₹12,000 and mess deposit of ₹8,000 are payable as part of the first-term schedule.
The total including refundable deposits comes to ₹17.84 lakh.
Mess charges are explicitly excluded from the published fee.
NIBM PGDM (B&FS) is a two-year full-time residential programme specialising in banking and financial services.
The 2026–28 shortlist cutoff was 80 for Open, 70 for NC-OBC and EWS, 65 for SC and 50 for ST categories.
NIBM reports 100% placement for the 2023–25 batch, with a ₹26.59 LPA highest package and ₹15 LPA median package.
The institute offers a full tuition waiver scholarship for a limited number of economically and socially challenged deserving candidates according to its criteria.
Frequently Asked Questions
1. What are NIBM Pune Fees for 2026–28?
The published two-year NIBM Pune Fees for the 2026–28 PGDM (Banking & Financial Services) batch are ₹17.64 lakh. This includes ₹15.36 lakh academic fees, ₹2.16 lakh hostel charges and ₹12,000 alumni fees.
2. What is the NIBM Pune tuition fee?
The academic fee for NIBM Pune PGDM is ₹7.68 lakh per year, making the two-year academic fee ₹15.36 lakh for the 2026–28 batch.
3. What is the NIBM Pune hostel fee?
The hostel charge is ₹36,000 per term. With six terms across two years, the total hostel charge is ₹2.16 lakh, or ₹1.08 lakh per year.
4. Is mess included in NIBM Pune Fees?
No. NIBM's official 2026–28 prospectus clearly states that mess charges are not included in the published fee. Students therefore need to maintain a separate budget for mess expenses.
5. What is the NIBM Pune security deposit?
The 2026–28 fee structure includes a ₹12,000 refundable security deposit and an ₹8,000 refundable mess deposit. The combined refundable deposits total ₹20,000.
6. What is the total NIBM Pune Fees including refundable deposits?
The published two-year fee is ₹17.64 lakh. Adding the ₹20,000 refundable security and mess deposits gives a scheduled payment amount of ₹17.84 lakh. The deposits are not permanent programme costs because NIBM states that they are refundable under the applicable conditions.
7. What is the NIBM Pune CAT cutoff for 2026–28?
The official 2026–28 shortlist notice lists CAT/GMAT cutoffs of 80 for Open, 70 for NC-OBC, 70 for EWS, 65 for SC and 50 for ST for shortlisting to the OC & PI stage. The cutoff should not be interpreted as a guaranteed admission score.
8. Does NIBM Pune provide scholarships?
Yes. NIBM's 2026–28 prospectus states that a full tuition waiver scholarship is available for a limited number of deserving economically and socially challenged students according to institute criteria.
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