An investment in education is an investment in personal growth and hence its return is immeasurable. But we do realize that since this investment is not only in terms of time and energy but also money, it might be difficult for many students to pursue the programs offered by IIM Calcutta without some external aid.
Admission to the Institute does not depend on your financial need. This means that, your application will be processed and your candidature evaluated irrespective of whether you need financial assistance or not.Therefore if you are good enough to get admitted to the program, you do not need to worry about financing your way. There are many ways out.
Various banks provide educational loans on easy terms. Some of the banks that students have been associated with are Allahabad Bank, State Bank of India, Citibank, HDFC, etc. They require a copy of the offer letter from the Institute, an LIC policy to the tune of the loan amount, and a few other documents.
Criteria - Result of 1st term and entry point merit list
Amount - Rs 50,000/-
Criteria - Managerial Values, co-curricular activities, extra curricular activities & academic consistency
Amount - Rs 100,000/-
Criteria - Academic excellence & Leadership qualities throughout the tenure. Ist year results and overall performance.
Criteria - Academic Excellence & Parental Income
Amount - Rs 2000/- per student, per month
Criteria - Ist year results & CAT performance
Amount - Rs 2,80,000/- per candidate