National Institute of Bank Management NIBM RD Pune Answered Questions

Scholarship is provided to meritorious students in the form of education loan. They are given loan of INR 2 lakhs for the two years course which needs to be paid back but the interest on the loan will be waived off i.e. one needs to pay back the INR two lakhs only and no interest after the completion of the course.

The total course fees is Rs.8 lakhs. Additional Rs.16000 as security deposit and mess deposit which is refundable. Apart from that for food you have to pay approx Rs.4500 INR every month as canteen fees. For detailed structure visit the link http://pgdm.nibmindia.org/fees.php?url=Ng=

NIBM is an autonomous apex institute established by RBI & banks. It offers specialized PGDM course in banking and financial services which caters to the need of not only the banking sector but also other sectors related to finance and banking meeting the needs of credit rating agencies, payment systems, financial consulting and advisory and treasury operations. There is no doubt that NIBM widens the scope of opportunities with provision for acquiring in - depth knowledge in the domain of banking and finance. For more information visit the website http://nibmindia.org/

Scholarship has been provided to meritorious students in the form of education loan. They have been given loan of INR 2 lakhs for the two years course which needs to be paid back but the interest on the loan will be waived off i.e. one needs to pay back the INR two lakhs only and no interest after the completion of the course.
The institute doesn't have any tie up with foreign univerities.

It is obviously worth joining the institute. NIBM offers specialized PGDM course in banking and financial services which caters to the need of not only the banking sector but also other sectors related to finance and banking meeting the needs of credit rating agencies, payment systems, financial consulting and advisory and treasury operations. There is no doubt that NIBM widens the scope of opportunities with provision for acquiring in - depth knowledge in the domains. You may always go for a specialized course offered by NIBM to diversify your career path.

The sum will be refundable but as per the rules followed by the institute in accordance with AICTE. So the amount refunded in case of opting out will depend on the institute. It has not been specified how much will be refunded and so depends on AICTE rules.