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IIT Bombay Mumbai Scholarships: Eligibility & Scholarship Amount 2026

  • Mumbai,Maharashtra
  • AICTE, UGC
  • 10. /10 (64 Students Review)
  • Govt.
  • Est. 1958
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💰 Check Your Scholarship Eligibility

Discover if you qualify for merit-based, need-based, or special category scholarships at IIT Bombay. Get personalized financial aid recommendations.

💰 Scholarship Types
Explore all available financial aid options
🎓
Merit Scholarships
Based on academic performance and entrance exam scores
❤️
Need-Based Aid
Financial assistance programs for eligible students
Special Categories
SC/ST/OBC/PWD quotas and reserved seats
💳
Loan Assistance
Flexible financing options for your education
Get Expert Guidance

📊 Scholarship Based on 12th Percentage

Find the right scholarship tier for your academic performance

12th PercentageAction
🏆
90% and Above
Highest scholarship tier
80% - 90%
Excellent scholarship options
70% - 80%
Good merit-based aid
💫
60% - 70%
Competitive scholarship tier
🎯
50% - 60%
Explore available programs

ℹ️ Note: These are indicative tiers. Actual scholarship amounts vary based on entrance exam scores, interview performance, and availability. Click any button to get personalized counseling.

IIT Bombay Scholarships

IIT Bombay provides scholarships allowing students to pursue their careers without any financial stress. The scholarships are given based on academic excellence, reserved category students, and based on other criteria. Find the scholarship eligibility criteria below:-

 

  • Free Messing Facility for SC/ST Students: Students belonging to the SC/ST categories are exempted from mess charges. This also includes exemption from tuition fees, hostel rent, and a monthly stipend of INR 500. 
  • Merit-cum-Means Scholarship: For undergraduate students whose family income is below a certain amount annually. 
Parental Income BelowAmount of Fee waived
Up to INR 1 lakhINR 40,000
INR 1 Lakh - INR 3 LakhINR 30,000
INR 3 Lakh - INR 5 LakhINR 20,000
📝

Need Help with Scholarship Applications?

Our experts can guide you through the entire scholarship application process - from documentation to submission deadlines.

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Compare Scholarships vs Education Loans

Not sure whether to apply for scholarships or opt for an education loan? Get personalized guidance on the best financial option for your situation.

IIT Bombay Facilities

  • AuditoriumAuditorium
  • Comp LabsComp Labs
  • LibraryLibrary
  • Wi-FiWi-Fi
  • GymGym
  • BanksBanks
  • MedicalMedical
  • SportsSports
  • HostelHostel
  • CafeteriaCafeteria
  • ClassroomsClassrooms
  • LaboratoryLaboratory
  • TransportTransport

IIT Bombay Rating

  • AcademicAcademicstar10/10
  • AccommodationAccommodationstar10/10
  • FacultyFacultystar10/10
  • InfrastructureInfrastructurestar10/10
  • PlacementsPlacementsstar10/10
  • SocialSocialstar10/10
  • ThroughoutThroughoutstar10/10

IIT Bombay Address/Contact

  • Address:Indian Institute of Technology, Pin-400076, Maharashtra

Frequently Asked Questions

IIT Bombay - Scholarships

IIT Bombay offers PG programmes, which include M.Tech, M.Sc, MBA, M.Des, MA, and PhD.

Verified Answer

The top recruiters of the Institute are JP Morgan Chase, Deloitte, KPMG, Goldman Sachs, Boston Consulting Group, IBM, Adobe, Facebook, Intel, and many more.

Verified Answer

Yes, IIT Bombay offers a seat reservation for admission and gives relaxations for SC/ST/OBC/EWS/PwD.

Verified Answer

The students of the IIT Bombay get placed in the Technology, Finance, Consulting, Research & Development, and Entrepreneurship.

Verified Answer

Candidates must have passed the 12th board with Physics, Chemistry, and Mathematics with 75%. Students must qualify for JEE Main, JEE Advanced, followed by JoSAA Counselling.

Verified Answer

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💡 Make an Informed Financial Decision

Don't just look at scholarships - explore the complete picture before deciding.

Compare fees, ROI through placements, and hear from current students about financial support.

Pro Tip: Compare total cost minus scholarships with expected placement packages to calculate your true ROI

Placement Highlights

Placement %
100%
Placement Year Wise
Avg. Package
INR. 23.5 LPA


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