IIT Bombay - Indian Institute of Technology Scholarships and Funding

Merit-cum-Means scholarship:
Merit­ cum­ Means scholarship is awarded to a maximum of 25% of sanctioned Intake of undergraduate students. For Dual Degree, it is available only up to the 4th year. For these scholarships, academic merit as well as means will be taken into account to determine eligibility. Women Merit Scholarship is a special provision for female students of UG programmes only.

1. Students whose parental income is upto Rs. 1 Lakh :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 40,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 40,000/­ per year.


2. Students whose parental income is above Rs. 1 Lakh up to 3 Lakhs :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 30,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 30,000/­ per year.


3. Students whose parental income is above Rs. 3 Lakh up to 5 Lakhs :
Women -
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 20,000/­ per year.
• Women Merit Scholarship of Rs. 10,000/­ per year.
Others-
• Exemption from payment of Tuition fee.
• Scholarship of Rs. 20,000/­ per year.

National Scholarships (All States):
The National Scholarships are awarded to the students from the respective states. The applications are forwarded through IIT. This scholarship is awarded/renewed every year for which students have to submit their progress report at the beginning of the academic year.

IITB offers various other scholarships as well, For more details please visit https://acad.iitb.ac.in/academics/scholarship

Reviews (Showing 6 of 607 reviews)

Overall Rating (Out of 5)

4.6

Based on 435 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.6
Infrastructure
4.5
Faculty & Course Curriculum
4.4
Crowd & Campus Life
4.7
Value for Money
4.7
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 607 published reviews, 401 reviews are verified.
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M
Mukesh Kumar | B.Tech. in Civil Engineering - Batch of 2025
Reviewed on 12 Oct 2025
Verified
4.0
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Four years heavenly life.

Placements: During campus placement at my college 90% of students from my department got placed. The highest package offered is 80LPA and the average CTC is something around 12 to 13 LPA. Mass hiring companies for civil services are Godrej and ICICI Bank. 70% got internship. Top role offered was a Data Scientist Role.

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Shlok Nemani | Integrated B.Tech. in Electrical Engineering + M.Tech. in Communication and Signal Processing - Batch of 2024
Reviewed on 9 Aug 2025
Verified
4.6
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Great campus life, and you get to work with top professors in varied domains.

Placements: Placements are really good in the EE branch, with opportunities from all the domains, including Core, Development, CSE, Consulting, and Finance, being thrown open to the students, so no dearth of opportunities. For sure 90% of students get placements and internships, and any student should least worry about those things. You get all the top recruiting MNCs here for the interviews. I feel EE is at a bit of a sweet spot compared to CSE in many regards.

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F
Fazil Ashraf | M.Tech. in Computer Science and Engineering - Batch of 2025
Reviewed on 9 Jul 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
M.Tech experience at IIT Bombay - Placements, faculty members, and campus life.

Placements: I did my M.Tech in CSE from IIT Bombay in 2025. 95-98% of candidates got placed. The highest package is 46 LPA, average is 30 LPA, and the lowest is 15 LPA. Top companies that come for recruitment are Google, Microsoft, Amazon, and NVIDIA. Approximately 90% of students got placed for internships at Microsoft, Qualcomm, Adobe, and Samsung R&D. Overall, placement support is very good.

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Sai | B.Tech. in Metallurgical Engineering and Materials Science - Batch of 2026
Reviewed on 22 Jun 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
It is good because of the faculty. There are good placements every year.

Placements: Good placements are there in our college. The highest package is 3 crores per annum, and the lowest package is 25 LPA. Top recruiting companies for our course are Google, Microsoft, Amazon, Apple, Flipkart and top MNCs. Around 80-90% of students get internships from our course.

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Bhogalapalli Sand ... | B.Tech. in Computer Science and Engineering - Batch of 2028
Reviewed on 17 Jun 2025
Verified
4.4
Placements 4 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
About the dream college, IIT Bombay.

Placements: Almost 80% of students have been placed in our senior batch in CSE, and the rest have gone for higher studies abroad. The highest package offered is 2.4 crores per annum, and the lowest is 20 LPA. The average is somewhere around 40 LPA. Very famous quant companies and development companies visit IITB.

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Sumit Kumar Anand | B.Tech. in Mechanical Engineering - Batch of 2019
Reviewed on 12 Jun 2025
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
Overall, it offers a fantastic package and there are no problems.

Placements: I got placed in mechanical engineering and in that course, I got some packages from the biggest companies like Eicher, Tata, etc. I got a package of 25 LPA and one of my friends got a package of 18 LPA and it is a good package. Top roles like builder, enhance, etc., are offered.

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Answered 2 years ago

IIT Bombay offers merit-based scholarships to BDes students. Applications for the scholarships are forwarded through IIT. The available scholarships are further as follows:

  • Institute Merit-cum-Means
  • Free Mess Facilities (SC/ST)
  • Remission of Fees
  • Named Scholarships

N

Nishtha Shukla

Guide-Level 15

Answered 2 years ago

Yes, IIT Bombay offers Merit-cum-Means Scholarship to UG students. It is awarded to a maximum of 25% of sanctioned intake. For Dual degree, it is available only up to fourth year. 

Merit Criterion: For new entrants of BDes their UCEED Rank, will be the criterion. In subsequent years, the criterion wi

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 2 years ago

IIT Bombay offers merit-based scholarships. The scholarship is offered based on the performance of the students in the semester exam. Approximately 20% of the students are beneficiaries of the various scholarships are from various endowment funds. Additionally, a few other scholarships are available

...Read more

N

Nishtha Shukla

Guide-Level 15

Answered 2 years ago

The institute offers Merit-cum-Means Scholarship to a maximum of 25% of the sanctioned intake of UG and MSc students. Facilities of Free Messing is also available to SC/ ST students under which they get an exemption from paying the tuition fees. In addition, the Office of the Dean Alumni & Corporate

...Read more

M

Maaz Khan

Contributor-Level 10

Answered 2 years ago

At SJMSOM, a few scholarships are available. About 20% of students receive one of the many scholarships offered by various endowment funds based on their achievement on the semester exams. Additionally, IIT-B offers a few additional scholarships that are available centrally. Additionally, candidates

...Read more

S

Samira Susan Khanam

Contributor-Level 9