Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
There are 400+ Diploma in Banking and Insurance colleges in India. Among these, 205 colleges are privately owned, 53 are owned by public/government organizations, and public-private entities own 10 colleges. Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as CAT, XAT, MAT, CMAT, etc. Some popular Diploma in Banking and Insurance colleges in India include SPJIMR Mumbai, FORE School of Management, Welingkar Mumbai, BIMTECH, National Institute of Bank Management, ISBR Business School, Great Lakes Institute of Management in Gurgaon, Amity University Online, Jagdish Sheth School of Management, and many others.
There are 400+ Diploma in Banking and Insurance colleges in India. Among these, 205 colleges are privately owned, 53 are owned by public/government organizations, and public-private entities own 10 colleges. Students can secure admission after qualifying their Class 12 exams, and also some colleges may admit students based on entrance exams such as CAT, XAT, MAT, CMAT, etc. Some popular Diploma in Banking and Insurance colleges in India include SPJIMR Mumbai, FORE School of Management, Welingkar Mumbai, BIMTECH, National Institute of Bank Management, ISBR Business School, Great Lakes Institute of Management in Gurgaon, Amity University Online, Jagdish Sheth School of Management, and many others.
- Diploma in Banking, Finance and Insurance Colleges in India: Highlights 2024
- Diploma in Banking, Finance and Insurance Colleges in India: Admissions 2024
- Diploma in Banking, Finance and Insurance Colleges in India: Exam Schedule 2024
- 3.1 Which are the most popular exams accepted by Diploma in Banking, Finance, and Insurance Colleges in India?
- Best Private Diploma in Banking, Finance and Insurance Colleges in India
- Best Govt. Diploma in Banking, Finance and Insurance Colleges in India
- 5.1 Diploma in Banking, Finance and Insurance Colleges in Delhi NCR
- 5.2 Diploma in Banking, Finance and Insurance Colleges in Maharashtra
- 5.3 Diploma in Banking, Finance and Insurance Colleges in Uttar Pradesh
- ROI of Diploma in Banking, Finance, and Insurance Colleges in India
- Highest Salary Offered by Diploma in Banking, Finance and Insurance Colleges in India
- Low-cost Diploma in Banking, Finance and Insurance Colleges in India
- Diploma in Banking, Finance and Insurance Colleges Comparison
Diploma in Banking, Finance and Insurance Colleges in India: Highlights 2024
A Diploma in Banking, Finance & Insurance is an educational program designed to provide students with comprehensive knowledge and skills in the fields of banking, finance, and insurance. This diploma program typically covers various aspects of the financial services industry, including banking operations, investment management, risk assessment, insurance principles, and financial planning.
Tabulated below are the key highlights of the Diploma in Banking colleges in India:
| Particulars |
Parameters |
|---|---|
| No. of Colleges |
400+ |
| Annual Fees |
< INR 1 lakh: 183 colleges INR 1-2 lakh: 36 colleges INR 2-3 lakh: 19 colleges INR 3-5 lakh: 28 colleges >INR 5 lakh: 73 colleges |
| Top Specialisation |
Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, etc. |
| Admission Process |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges in India: Admissions 2024
Candidates must note that the eligibility may vary from institute to institute. Individuals must check the official website of the college/university they desire to take admission in. Colleges like IMI, ISB, IIMP accept CAT/GMAT/MAT/XAT score for admission. While some institutes grant direct admission on a merit basis.
| Eligibility Criteria |
|
|---|---|
| 10th Diploma |
Candidates who passed the 10th class/equivalent from any recognized institute/board are eligible to apply. |
| UG Diploma |
|
| PG Diploma/MBA |
|
Diploma in Banking, Finance and Insurance Colleges in India: Exam Schedule 2024
For admissions to best Diploma in Banking, Finance and Insurance courses in India. Candidates must qualify for some of the exams and they are:
- CAT: Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. The CAT exam is a business aptitude test and its syllabus comprises four subjects - Verbal Ability & Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DILR), and Quantitative Ability (QA). The difficulty of the exam is moderate to high. CAT 2023 exam date is November 26 (tentative).
- MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December.
Take a look at important dates of exams accepted by Diploma in Banking colleges in India:
| Exams |
Dates |
Schedule |
|---|---|---|
| CAT 2024 Exam |
24 Nov '24 |
|
| XAT 2025 Exam |
05 Jan ‘24 |
|
| CUET UG 2024 Exam |
15 May '24 - INR 31 May '24 |
|
| CUET PG 2024 Exam |
11 Mar '24 - INR 28 Mar '24 |
Preparing for CAT 2024?
- Click to practice Q&A for Verbal Ability and Q&A for Quantitative Aptitude.
- Click here for CAT Article
Also Read About CAT, MAT, and CMAT Mock Test Series:
- Download CAT Previous Years Question Papers
- Free Online CAT Mock Test Series
- Free Online CMAT Mock Test Series
- Free Online MAT Mock Test Series
Which are the most popular exams accepted by Diploma in Banking, Finance, and Insurance Colleges in India?
CAT, MAT, XAT, CMAT and many more are the exams accepted by Diploma in Banking colleges in India. See the table below exams accepted by number of colleges:
| Exams |
No. of Colleges |
Cut off Predictor |
|---|---|---|
| CAT |
87 |
|
| XAT |
78 |
|
| MAT |
72 |
|
| CMAT |
67 |
Best Private Diploma in Banking, Finance and Insurance Colleges in India
The table below shows the private best colleges offering Diploma in Finance in India along with their total tuition fees:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 15 lakh – INR 24 lakh |
|
| INR 18 lakh |
|
| INR 1 lakh – INR 14 lakh |
|
| INR 13 lakh – INR 14 lakh |
|
| INR 10 lakh – INR 12 lakh |
Disclaimer: This information is sourced from the official website.
Best Govt. Diploma in Banking, Finance and Insurance Colleges in India
The table below shows the government best colleges offering Diploma in Finance in India along with their total tuition fees:
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 10,000 – INR 20,000 |
|
| INR 1 lakh – INR 10 lakh |
|
| INR 5,000 |
|
| INR 85,000 |
|
| INR 4 lakh – INR 7 lakh |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges in Delhi NCR
The table below shows the Diploma in Banking, Finance and Insurance colleges in Delhi NCR along with their total tuition fees and accepted entrance exams:
| College Name |
Total Tuition Fee |
Entrance Exams |
|---|---|---|
| INR 18 lakh |
XAT, CAT |
|
| INR 13 lakh – INR 14 lakh |
MAT, XAT, CAT, CMAT |
|
| INR 7 lakh – INR 11 lakh |
CAT, XAT, CMAT |
|
| INR 21 lakh |
XAT, CAT |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges in Maharashtra
The table below shows the Diploma in Banking, Finance and Insurance colleges in Maharashtra along with their total tuition fees and accepted entrance exams:
| College Name |
Total Tuition Fee |
Entrance Exams |
|---|---|---|
| INR 20 lakh |
CAT |
|
| INR 1 lakh – INR 14 lakh |
CAT, XAT, CMAT, etc. |
|
| INR 14 lakh |
CAT, XAT, CMAT |
|
| INR 9,000 – INR 9 lakh |
CAT, CMAT |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges in Uttar Pradesh
The table below shows the Diploma in Banking, Finance and Insurance colleges in Uttar Pradesh along with their total tuition fees and accepted entrance exams:
| College Name |
Total Tuition Fee |
Entrance Exams |
|---|---|---|
| INR 13 lakh – INR 14 lakh |
MAT, XAT, CAT, CMAT |
|
| INR 21 lakh |
XAT, CAT |
|
| INR 7 lakh |
CAT, MAT, XAT, NMAT, etc. |
|
| INR 9 lakh |
CAT, MAT, XAT, NMAT, etc. |
Source - Multiple external/official sites, data may vary.
Read more about Diploma in Banking, Finance and Insurance colleges in other locations:
- Diploma in Banking, Finance and Insurance colleges in Andhra Pradesh
- Diploma in Banking, Finance and Insurance colleges in Madhya Pradesh
- Diploma in Banking, Finance and Insurance colleges in Tamil Nadu
- Diploma in Banking, Finance and Insurance colleges in Gujarat
ROI of Diploma in Banking, Finance, and Insurance Colleges in India
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the best colleges offering Diploma in Insurance in India along with their total tuition fees and average placement package:
| College Name |
Total Tuition Fee |
Average Placement Package |
|---|---|---|
| INR 15 lakh – INR 24 lakh |
INR 29 LPA – INR 32 LPA |
|
| INR 18 lakh |
INR 14 LPA |
|
| INR 1 lakh – INR 14 lakh |
INR 9 LPA - INR 12 LPA |
|
| INR 13 lakh – INR 14 lakh |
INR 11 LPA |
|
| INR 14 lakh |
INR 11 LPA |
Source - Multiple external/official sites, data may vary.
READ MORE: Banking Jobs
Highest Salary Offered by Diploma in Banking, Finance and Insurance Colleges in India
The table below shows the placement package offered by top recruiters participated in top Diploma in Banking, Finance and Insurance colleges in India:
| College Name |
Average Placement Package |
Top Recruiters |
|---|---|---|
| INR 29 LPA – INR 32 LPA |
Castrol, KPMG, CISCO, Barclays, Godrej, etc. | |
| INR 14 LPA |
Adani Group, Gartner, Asian Paints, Havells, etc. | |
| INR 9 LPA - INR 12 LPA |
Adani Group, Airtel, Amazon, Deloitte, Morgan Stanley, etc. |
|
| INR 11 LPA |
ADP, Deloitte, KPMG, Wipro, Panasonic, etc. |
Source - Multiple external/official sites, data may vary.
Low-cost Diploma in Banking, Finance and Insurance Colleges in India
It is estimated that joining Diploma in Banking, Finance and Insurance colleges in India can be affordable as most of the colleges have tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their fees:
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| National Insurance Academy | INR 9,000 - INR 18,000 |
| Ramanujan College, University of Delhi | INR 5,000 |
| IGNOU | INR 10,000 - INR 20,000 |
| Institute of Distance Education, University of Madras | INR 12,000 |
| Banaras Hindu University | INR 85,000 |
Source - Multiple external/official sites, data may vary.
Diploma in Banking, Finance and Insurance Colleges Comparison
Listed below is the comparison of best colleges ;
- Fore School of Management Comparison with other colleges
- L.N. Welingkar Institute of Management Development and Research, Mumbai Comparison with other colleges
- National Institute of Bank Management Comparison with other colleges
- Birla Institute of Management Technology Comparison with other colleges
Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
ISBM Mumbai admissions are held on the basis of merit obtained in the previous qualifying examination. Students can visit the official website to learn more about the course-specific eligibility and admission details. Candidates seeking UG admissions must clear their Higher Secondary/10+2 examinations and present valid scoring for admissions. For PG admissions, UG graduates can apply based on their merit in their degree examinations.
Rajiv Gandhi University, Arunachal Pradesh, is considered a Tier 2 university. It is also a Central University. The university is recognised by the UGC and accredited with an A Grade by NAAC. It does not achieve the same level of recognition as Tier 1 schools, which are usually those that rank higher in national evaluations and have a more established reputation in the engineering sector, despite offering a variety of programs, having decent facilities, and providing placement possibilities.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Students can follow this process to fill application form:
DMIHER releases admission notifications on website.
Fill out online application form.
Pay application fee & attach a scanned copy of docs.
OSOU accepts the Odisha Joint Entrance Examination (OJEE) scores for admission. The OJEE is a state-level entrance exam conducted for admission to various professional courses in the state of Odisha.
Courses like BA, BBA, BCom, BJMC & more are offered for registration. Students who have passed the 12th class grade examination with a 55% mark are eligible to enroll. Also, OSOU provides a variety of specializations for each UG degree course.
Candidates are advised to have all the required documents during the admission process. While the particular list of documents is not present on the official website, candidates can consider the common documents required below:
- Class 10 and Class 12 mark sheets
- Entrance exam scorecard (MHT-CET or CUET)
- Aadhar card
- Passport-sized photographs
- Caste certificate
- Domicile certificate
The NIMT Global Institute of Management & Technology is located in the Indian state of Rajasthan, in Jaipur. BCI and AICTE have both accredited the college. The Science, Engineering, IT, and Management streams comprise the 9 courses that are offered by the NIMT Global Institute of Management & Technology.B.Tech, BCA, MBA, M.Com, and M.Tech are popular degrees offered at NIMT Global Institute of Management & Technology.NIMT Global Institute of Management & Technology is a leader in research and innovation in addition to having a strong teaching methodology.At the NIMT Global Institute of Management & Technology, emphasis is placed on extracurricular activities, national and international collaborations, extracurricular activities, and infrastructure. NIMT Global Institute of Management & Technology offers a variety of placement opportunities, including employment in the private, public, and entrepreneurial sectors.
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
| Courses | Eligibility |
|---|---|
| MBA/PGDM | Candidates who completed graduation with the mentioned marks or an equivalent CGPA in any discipline from a recognised university are eligible to apply. |
Yes, MIT School of Distance Education has good placements. They maintain a good placement record for their students. Their courses are AICTE-approved and also government-approved.
They provide quality education to their students and also make them get placed in a good multinational company. Their average placement last year was 7 to 8 Lacs and the highest reached up to 30 to 40 Lacs per year.
Given below are the various affiliated colleges with the Indian School of Business Management and Administration, Chandigarh:
Indian School of Technology and Management, Mumbai |
Indian School of Business Management and Administration, Kolkata |
Indian School of Business Management and Administration, Bangalore |
Indian School of Business Management and Administration, Chennai |
Indian School of Business Management and Administration, Chandigarh |
Indian School of Business Management and Administration, Delhi |
Indian School of Business Management and Administration, Pune |
Indian School of Business Management and Administration, Mumbai |
Commonly asked questions On Diploma in Banking, Finance & Insurance Colleges in India 2026: Fees, Admission, Courses
Trigya School of Finance and Management (TSFM) is one of the leaders in financial education and is located in Barakhamba Road, Delhi. It is one of the leading private colleges in Delhi to offer higher education to students at certificate and Diploma levels. TFSM is one of the most trusted banking colleges that has been helping banking aspirants get jobs in specific sectors.
| Courses | Eligibility |
|---|---|
| PG Diploma | The minimum age is 14 years as on 1st July 2022, i.e. born on or before 01-07-2009. |
| B.Lib.I.Sc. | Candidate must have passed graduation from a recognized University/Institute. |
| B.Sc. | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| BBA | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| BCA | Candidate must have passed 10+2 or equivalent examination from a recognized school/board. |
| After 10th Diploma | Candidate must have passed 10th class from any recognised Board/Council. |
| UG Diploma | Candidate must have completed 10+2 from any recognised Board/Council. |