IIT Bombay attracts aspirants from all over the country and beyond. For those aspiring to study here, understanding the IIT Bombay fee structure and payment schedule is crucial. The total IIT Bombay fees for B.Tech ranges between Rs 8,74,800 – Rs 24,74,800 including the one time admission fee, refundable deposits and hostel fees. Considering only the semester fees with hostel IIT Bombay total fees is Rs 8,58,800 – Rs 24,58,800. This article provides a detailed guide to IIT Bombay fees for the B.Tech, B.Tech+M.Tech, B.Des, B.S courses.

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IIT Bombay Fees for UG Students Admitted Through JEE Advanced 2025
For the Autumn Semester, Indian Nationals, including PIO and OCI card holders (issued before March 4, 2023), need to pay Rs 1,23,350, while SC, ST, and PwD candidates have a reduced fee of Rs 23,350. Foreign nationals are required to pay Rs 3,23,350. The IIT Bombay hostel fee remains the same for all categories at Rs 16,900. Students who have already paid the seat acceptance fee (excluding JoSAA processing charges of Rs 5,000) will have this amount deducted. For Indian nationals and foreign nationals, the deduction is Rs 30,000, whereas SC, ST, and PwD candidates get a deduction of Rs 12,500. After these deductions, the balance fees payable are Rs 1,10,250 for Indian nationals, Rs 27,750 for SC, ST, and PwD candidates, and Rs 3,10,250 for foreign nationals. Additionally, all students must separately pay a semester mess advance of Rs 22,500. The fee structure of IIT Bombay is explained in detail in the table below:Â
IIT Bombay Fees Structure – B.Tech, B.Tech+M.Tech, B.Des, B.S
Note: Indian Nationals [including PIO and OCI card holders (issued before March 4, 2023)]
Particulars | GEN, EWS, OBC-NCL | SC, ST, PwD | Foreign Nationals |
---|---|---|---|
Academic fees for the Autumn Semester | Rs 1,23,350 | Rs 23,350 | Rs 3,23,350 |
Hostel fees for the Autumn Semester | Rs 16,900 | Rs 16,900 | Rs 16,900 |
Less seat acceptance fee paid excluding JoSAA processing charges of Rs 5000 | Rs 30,000 | Rs 12,500 | Rs 30,000 |
Balance Fees payable | Rs 1,10,250 | Rs 27,750 | Rs 3,10,250 |
Semester Mess Advance (to be paid separately) | Rs 22,500 | Rs 22,500 | Rs 22,500 |
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IIT Bombay Academic Fee Structure for New UG Students (Autumn Semester)
The total IIT Bombay fees at the time of admission is Rs 1,23,350 for Indian Nationals and Rs 3,23,350 for foreign nationals. SC/ST/PwD students do not have to pay tuition fees. Foreign nationals with valid PIO/OCI cards will pay fees as Indian nationals. The IIT Bombay fee structure is tabulated below:Â
IIT Bombay One-Time Admission Fees 2025
Fee Type | Indian Nationals (Rs) | Foreign Nationals (Rs) |
Admission Fee | 8,750 | 8,750 |
Student Welfare Fund | 1,250 | 1,250 |
Total (One-Time) | 10,000 | 10,000 |
IIT Bombay Semester Fees 2025
Fee Type | Indian Nationals (Rs) | Foreign Nationals (Rs) |
Tuition Fee | Rs 1,00,000 | Rs 3,00,000 |
Registration & Exam Fees | Rs 2,200 | Rs 2,200 |
Gymkhana Fee | Rs 2,200 | Rs 2,200 |
Student Benevolent Fund | Rs 700 | Rs 700 |
Student Accident Insurance | Rs 300 | Rs 300 |
Medical Fee | Rs 1,950 | Rs 1,950 |
Total (Per Semester) | Rs 1,07,350 | Rs 3,07,350 |

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IIT Bombay Refundable Deposits
Students need to pay the refundable deposits once at the time of admission. The complete details is tabulated below:Â
Fee Type | Indian Nationals (Rs) | Foreign Nationals (Rs) |
Institute Security Deposit | 3,000 | 3,000 |
Library Security Deposit | 3,000 | 3,000 |
Total (Refundable) | 6,000 | 6,000 |
IIT Bombay Fees Schedule For New Admission (Autumn Semester)
The fee payment process for new entrants is similar to that of on-roll students. However, you must refer to your offer letters for details on any fee adjustments due to seat acceptance or processing charges. Candidates admitted through JEE Advanced 2025 must pay their fees according to the following schedule:
Regular Payment Period (Expected)
- Start Date: July 26, 2025
- End Date: August 30, 2025
Late Payment with Fine (Expected)
- Fine of Rs 1,000: August 31, 2025 to September 11, 2025
- Fine of Rs 1,000 per week (Max Rs 10,000): From September 12, 2025 onwards, until payment is completed
IIT Bombay Fee Payment Process
All students, including those paying via bank loans or sponsoring agencies, must use IIT Bombay’s online portal: https://portal.iitb.ac.in/asc. The instructions for online payments are available on the ASC homepage. Students must note that payments above Rs 1,00,000 should be made using methods other than UPI due to daily transaction limits.
IIT Bombay Fees Payment For Students Paying Through Bank Loan/Sponsorship/NEFT
The fee payment process is as follows:Â
- Generate the official fee demand letter from the ASC portal.
- The demand letter is valid for 10 days, and fees must be transferred within this time.
- After payment, enter the UTR number and other details on the portal.
- Students relying on a sponsoring agency should initiate payment at least 15 days before the deadline to account for bank processing time.
IIT Bombay Fee Receipts
The receipts will be generated 8-10 days after payment is completed and verified. Students can collect their receipts from the Cash Section, 1st Floor, NN Main Building, IIT Bombay.
Education Loan Process for IIT Bombay Students: Step by Step
Pursuing an undergraduate course at IIT Bombay is a cherished but expensive experience. To help students from all economic classes, many educational loan facilities are provided by nationalized and private banks. The following is a comprehensive rundown to help students navigate the lending process:
- Eligibility for Education Loans
- All the major private and public sector banks in India offer educational loans to students studying in IIT Bombay on the following conditions:
- The student must be an Indian citizen.
- Admission has to be sought on the basis of a well-established entrance exam (JEE Advanced) and a guaranteed seat in IIT Bombay.
- A steady income co-signer (a parent or guardian, in most cases) is required.
- Loan Coverage
- Education loans generally finance:
- Tuition charges
- Hostel and mess charges
- Admission fees and cautions deposits
- Cost of textbooks, equipment, and teaching materials
- Travelling allowance of outstation students
- Insurance premium (if loan-linked insurance is chosen)
- Quantity and Interest Rates
- Banks offer up to ₹7.5 lakh without security and higher amounts (even up to ₹20–25 lakh or more) with security.
- Interest rates fluctuate but preferably between 8.5% and 11.5%, with the option of interest concession to girl students or economically weaker segments.
- Interest subsidy programs like the Central Sector Interest Subsidy Scheme (CSIS) can be utilized by the students who are eligible.
- Repayment and Moratorium
- A 6 to 12 month grace period in addition to the duration of the course is offered.
- Repayment begins after this period of moratorium, usually a 10- to 15-year period.
- Interest accrued during the study period can be capitalized or paid monthly, where this depends on the bank and chosen plan.
- Documents Required
- To be eligible for an education loan, students are usually required to provide:
- Admission letter of IIT Bombay
- Itemized fee schedule and estimate of total charges
- Student and co-applicant KYC documents
- Income proof of co-applicant
- Academic transcripts (10th, 12th mark sheets, JEE scorecard)
- Collateral papers (if required)
- How to Apply
- Students can directly apply through the bank branch or site.
- All the banks are also present on the Vidya Lakshmi Portal (www.vidyalakshmi.co.in), which is the central portal sponsored by the Ministry of Education.
- IIT Bombay sends advance letters of admission and demand letters on the ASC Portal, which have to be submitted for loan processing.
- Disbursal and Payment to IIT
On approval, the loan amount is transferred directly to IIT Bombay as per the official fee demand letter. Students are advised to start the process at least 4–6 weeks before the due date of fees, to allow for bank verification and documentation time. 8. Support from IIT Bombay IIT Bombay Accounts and Cash Sections assist students with institutional documents required by banks. The institute also guides students who face delays in loan disbursals and extends fee payments on a short-term basis in meritorious cases.
Cost of Living excluding Hostel and Tuition at IIT Bombay
Though tuition charges and hostel charges constitute the bulk of a student’s expenditure in IIT Bombay, they just so happen not to constitute the full living expense. There are various incidental and periodic expenses that constitute the cost of education of a student. These expenses vary with lifestyle, personal preference, and study requirements.
- Mess Charges and Food Expenses
Although Rs 22,500 is taken off a semester in advance, this might just be enough to cover the minimum charge for mess meals for the semester. Any extra food ordered (special meals, snacks, delivery of food from outside) is not included and needs to be paid for additionally. On an average, food expense can increase by Rs 1,000–2,000 per month based on individual food habits.
- Academic Textbooks and Materials
Students would have to incur expense on course-specific books, lab books, stationery, and printing. While the majority of resources are online or can be found in the library, students end up spending Rs 3,000–6,000 annually on study material. Students spend more on project-based or design courses.
- Laptop and Electronic Devices
All students purchase a laptop, calculator, and peripherals during the first semester. The cost is around Rs 40,000 to Rs 90,000 depending on configuration and vendor. They utilize these for coding, simulations, report generation, and online tests.
- Personal and Miscellaneous Expenses
These encompass clothing, toiletries, laundry, mobile recharges, entertainment, gym, and club/society membership. These are generally low estimates and can go as high as approximately Rs 2,000–4,000 per month. Students who are part of clubs like robotics, dramatics, or games might spend additional amounts on materials, costume, or equipment.
- Local Transport and Travel
Although most of the movement is within campus, students also move for internships, holidays, or homecoming. The annual travelling cost could range from Rs 5,000 to Rs 25,000 based on the home state and how many times they travel. There could be bike rental or repair as a minor but recurrent cost within campus.
- Healthcare and Medical Needs
Basic health is taken care of under the Student Health Insurance and IIT Bombay hospital facilities. Students, however, might have to cover costs of medicines, specialist consultations, and off-campus treatments, which are occasional but unavoidable.
Academic Materials
- Rs 3,000 – Rs 6,000 Electronics and Gadgets (One-time)
- Rs 40,000 – Rs 90,000 Personal & Miscellaneous
- Rs 24,000 – Rs 48,000 Home + Local Travel
- Rs 5,000 – Rs 25,000 Health & Emergency
- Rs 1,000 – Rs 5,000 Total (excluding tuition/hostel fees)
This estimate gives parents and students an approximate cost of studying at IIT Bombay so they can plan accordingly. Living expenses vary according to lifestyle, but judicious budgeting enables most students to cope with or without any external financial assistance.
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FAQs
IIT Bombay fees per year is Rs 2,14,700 for Indian Nationals and PIO/OCI card holders. In case of foreign nationals, the annual fees is Rs 6,14,700.
The IIT Bombay fees for 4 years B.Tech with hostel is Rs 8,74,800 for Indian students and those with PIO/OCI card holders. In case of foreign nationals, the total fees is Rs 24,74,800.
IIT Bombay fees for OBC is same as general category students. The academic fees for the Autumn Semester is Rs 1,23,350, and the hostel fees is Rs 16,900. If you have already paid the seat acceptance fee (excluding the Rs 5,000 JoSAA processing charge), which is Rs 30,000, then the remaining balance to be paid is Rs 1,10,250. Additionally, a Semester Mess Advance of Rs 22,500 needs to be paid separately.