Online MBA fees in India range from ₹1.1L to ₹3.15L — already far cheaper than regular MBA programs. But what if you could bring that cost down even further? Several universities offer scholarships, fee waivers, and discounts that can save you ₹10,000 to ₹3,15,000.
Here’s every scholarship and discount we know of across our partner universities.
University-Wise Scholarships & Discounts
Amrita University — Up to 100% Fee Waiver
The most generous scholarship program among online universities:
- 100% scholarship: Defence personnel and families of martyrs
- 100% scholarship: Differently-abled candidates (Divyang)
- Merit scholarships: Based on academic performance in graduation
- Sports scholarships: National and state-level sportspersons
- Alumni discount: Amrita alumni pursuing further studies
At ₹1.7L base fee, even a 50% scholarship makes Amrita’s MBA cost just ₹85,000 — cheaper than Sikkim Manipal.
Symbiosis University — ₹50,000 Upfront Discount
- ₹50,000 off if you pay the full ₹3,15,000 fee at once — bringing it to ₹2,65,000
- 100 Golden Jubilee Scholarships: Full academic fee waiver for foreign nationals from developing countries and conflict-ridden regions
- 100 Free-ships: Cover academic fees + hostel + food for eligible international students
The international scholarships make Symbiosis potentially free for qualifying African and Afghan students.
Chandigarh University — 25% Early Bird Discount
- 25% off tuition fees for early enrollment in the January session
- Brings the ₹1,80,000 MBA fee down to approximately ₹1,35,000
- One of the best value propositions considering you also get PwC + Harvard + PMI certifications
Amity University — ISAT Scholarship
- ISAT (Instant Scholarship and Admission Test): Optional online test. Based on your score, you can receive fee concessions of varying amounts.
- Not mandatory for admission — you can enroll without taking ISAT
- Worth attempting since there’s no downside — you either get a discount or you don’t
DY Patil University — Upfront Payment Discount
- ₹10,000 off for full upfront payment
- Applicable across both Pune and Navi Mumbai campuses
Other Ways to Reduce Your MBA Cost
Zero-Cost EMI
Every university on our platform offers zero-interest EMI through partner NBFCs. This doesn’t reduce the total cost but makes it more manageable. Monthly payments range from ₹6,875 (Sikkim Manipal at ₹1.1L over 16 months) to ₹19,688 (Symbiosis at ₹3.15L over 16 months).
Employer Sponsorship
Many companies reimburse employees for MBA fees — partially or fully. Check with your HR department before paying out of pocket. Companies in IT, consulting, and BFSI are most likely to have education reimbursement policies.
Education Loans
Banks like SBI, HDFC, and ICICI offer education loans for online degree programs. Interest rates typically range from 8-12% per annum. Some universities have tie-ups with specific lenders for preferential rates.
Tax Benefits
Under Section 80C of the Income Tax Act, tuition fees paid for self-education may be eligible for tax deduction (up to ₹1.5L per year). Consult a tax professional for specific advice based on your situation.
Scholarship Comparison Table
| University | Base Fee | Best Discount | Effective Fee | Savings |
|---|---|---|---|---|
| Amrita | ₹1,70,000 | Up to 100% | ₹0 (defence/divyang) | ₹1,70,000 |
| Chandigarh | ₹1,80,000 | 25% early bird | ~₹1,35,000 | ~₹45,000 |
| Symbiosis | ₹3,15,000 | ₹50K upfront | ₹2,65,000 | ₹50,000 |
| DY Patil | ₹1,89,400 | ₹10K upfront | ₹1,79,400 | ₹10,000 |
| Amity | ₹1,99,000+ | ISAT-based | Varies | Varies |
How to Apply for Scholarships
- Contact us first — our counselors know the current scholarship availability and can guide you through the application
- Prepare supporting documents (category certificates, sports achievements, defence service records, disability certificates — as applicable)
- Apply early — scholarship slots are limited and first-come, first-served at most universities
- If applying for ISAT (Amity), prepare with basic aptitude and reasoning practice
Don’t leave money on the table. Get free counseling — we’ll identify every scholarship you qualify for and help you apply.
Last updated: April 2026. Scholarship availability and terms are subject to change. Verify current offers before enrolling.