Scholarships for MBA in India 2026 - Free & Subsidized MBA Programs

MBA Scholarships in India 2026 - Overview

MBA fees can be ₹10-27 lakh. But 30-40% of students get some form of financial support through scholarships, fellowships, or education loans at subsidized rates.

IIM Scholarship Programs

All IIMs offer need-based scholarships. IIM Ahmedabad gives up to 100% fee waiver for economically weaker students. SC/ST/OBC students get priority.

Government MBA Scholarship Programs

AICTE Pragati Scholarship

₹30,000/year for girl students in AICTE-approved MBA programs. Plus laptop. One per family. EWS/OBC/SC/ST categories.

AICTE Saksham Scholarship

₹50,000/year for students with disability (40%+). All AICTE-approved colleges. Very few applicants - high success rate.

Private MBA Scholarships

Mahindra All India Talent Scholarship

₹1.75 lakh/year for PG Management programs. Merit + need based. Very prestigious.

Inlaks Scholarship

For MBA abroad. Covers tuition + living. Top management graduates. Prestigious, very competitive.