IIT of National Importance Code: IIT-B NIRF Rank #3 Est: 1958 | 550 Acres (Between Powai Lake and Vihar Lake)
Indian Institute of Technology Bombay (IIT Bombay)

Fee Structure & Waivers (2026)

Mumbai, Maharashtra, India  |  Entrance Exam: JEE Advanced

Total Seats
1,356
Annual Tuition
Rs. 2,28,000 / Year
Average CTC
23.50 LPA
Highest CTC
1.68 CPA
Placement Rate
91.8% Overall Placement
Overview & Profile Cutoff & Opening Closing Ranks Seat Matrix & Programs Fee Structure & Waivers Placements & CTC Trends Campus Facilities & Hostels How to Reach & Transit Guide Admission Process & Rules

Academic & Hostel Fee Structure (2026)

Comprehensive breakdown of tuition fees, refundable caution deposits, hostel room rent, mess advance, and fee waivers applicable at Indian Institute of Technology Bombay (IIT Bombay).

Fee Component Amount Frequency / Nature
Tuition Fee (Per Semester) ?1,00,000 (Tuition) + ?15,300 (Examination, Student Amenities, Medical) Payable at beginning of each semester (Waived for SC/ST/PwD)
One-time Admission & Registration Fee ?7,600 (Registration, Admissions, Alumni association & Convocation) One-time at the time of initial admission
Refundable Institute & Library Caution Deposit ?10,000 (Refundable Caution Deposit) Refundable upon graduation or course completion
Hostel Seat Rent & Establishment Charges ?19,000 (Hostel Rent, Electricity, Fan & Water Charges) Per semester accommodation charges
Mess Advance / Food Charges ?29,000 (Per semester adjustable mess bill) Per semester advance dining charges (Adjustable)
Medical Insurance & Student Welfare ?3,000 (Student Group Medical Insurance Scheme) Annual group health insurance coverage

Ministry of Education Tuition Fee Remission Rules:

� 100% Tuition Fee Waiver for SC / ST / PwD candidates.
� Full fee remission for General and OBC-NCL students whose family income is less than ?1,00,000 per annum.
� 2/3rd fee remission for General and OBC-NCL students whose family income is between ?1 Lakh and ?5 Lakhs per annum.

Scholarships & Financial Assistance:

� Institute Merit-cum-Means (MCM) Scholarship with ?1,000/month pocket allowance.
� Named Alumni Endowed Scholarships (over 40 endowment funds).
� Free Basic Messing facility for SC/ST students with parental income below prescribed limits.

Institute Sections

At A Glance

  • Institute Type: IIT
  • Status: Institute of National Importance
  • Exam Accepted: JEE Advanced
  • City: Mumbai
  • State: Maharashtra
  • Annual Tuition: Rs. 2,28,000 / Year
  • Average CTC: 23.50 LPA
  • Helpline: +91-22-25767066 / 25722545

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