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ICFAI University Raipur Fees 2026: Course-wise Fee Structure & Hostel

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ICFAI University Raipur fees 2026 range from INR 40,000 to INR 3.60 lakh across UG, PG, and PhD programmes, with fixed semester fees and no hidden charges. Popular courses include B.Tech (INR 3.22 lakh), MBA (INR 2.30 lakh), and BBA/BCA options. One-time admission and refundable caution deposits apply. Scholarships reduce costs based on merit and CGPA. Hostel and transport are separate. The transparent fee structure ensures predictable total costs throughout the programme duration. Fees remain unchanged after admission for students.

LocationRaipur (Chhattisgarh)
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Updated on - Apr 20, 2026 05:40 PM IST

ICFAI University Raipur Fees 2026

The ICFAI University Raipur fees for 2026-27 depend on the chosen course. ICFAI University Raipur fees 2026 range from around Rs. 40,000 to Rs. 3,60,000. The flagship B.Tech programme costs INR 3,22,000 for 4 years (INR 40,250 per semester), and the MBA costs INR 2,30,000 for 2 years (INR 57,500 per semester). UG programmes like BA, B.Com, and B.Sc are the most affordable at INR 69,000 for 3 years. Below is the list of ICFAI University Raipur fees:

CourseTotal FeesDuration
B.TechINR 3,22,0004 Years
BA-LL.B (Hons)INR 3,60,0005 Years
MBAINR 2,30,0002 Years
BBAINR 1,58,7003 Years
BCAINR 1,31,1003 Years
LL.B (Hons)INR 1,20,0003 Years
MCAINR 1,55,2002 Years
M.Tech (CSE / ECE)INR 1,60,0002 Years
B.Com / BA / B.ScINR 69,0003 Years
M.Sc (Chemistry / Physics)INR 80,0002 Years
B.EdINR 67,2002 Years
MA (English / Economics / Hindi Lit / Public Admin / Yoga / JMC)INR 40,0002 Years
Ph.DINR 3,60,0003 Years
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ICFAI University Raipur Fee Structure 2026

The ICFAI University Raipur fees for 2026 include four main parts: a one-time admission fee, a one-time refundable caution deposit, a semester-wise tuition fee called the Program Fee, and optional charges like transport and hostel. The transport fee is around INR 10,000 per semester, while hostel fees depend on the facilities chosen.

The ICFAI University Raipur fee structure is designed in a simple way. Once a student takes admission, the semester-wise Program Fee remains fixed for the entire duration of the course. There are no extra charges like development fee, lab fee, exam fee, or library fee, as all these are already included in the Program Fee.

If a student cancels their admission after confirming the seat, the admission fee is not refunded. However, the caution deposit is fully refundable at the end of the programme, but no interest is given, and it cannot be adjusted with other fees.

ICFAI University Raipur UG Fee Structure 2026

ICFAI Raipur UG fees range from around INR 69,000 to INR 3,60,000, depending on the course and its duration. The ICFAI Raipur admission fee varies by course and usually ranges between INR 5,000 and INR 20,000 as a one-time payment at the time of admission. The caution deposit at ICFAI Raipur is a refundable amount, which ranges from INR 1,500 to INR 10,000. Students get this money back after completing their course, but no interest is given on it.

CourseAdmission FeeCaution Deposit (Refundable)Fee per SemesterTotal Course Fee (INR)
B.Tech (4 Years)INR 20,000INR 10,000INR 40,250INR 3,22,000
B.Tech Lateral Entry (3 Years)INR 20,000INR 10,000INR 40,250INR 2,41,500
BCA (3 Years)INR 10,000INR 5,000INR 21,850INR 1,31,100
BCA (Hons) (4 Years)INR 10,000INR 5,000INR 21,850INR 1,74,800
BBA (3 Years)INR 10,000INR 5,000INR 26,450INR 1,58,700
BBA (Hons) (4 Years)INR 10,000INR 5,000INR 26,450INR 2,11,600
BA / B.Com / B.Sc (3 Years)INR 5,000INR 5,000INR 11,500INR 69,000
BA (Hons) / B.Com (Hons) / B.Sc (Hons) (4 Years)INR 5,000INR 5,000INR 11,500INR 92,000
B.Ed (2 Years)INR 5,000INR 1,500INR 16,800INR 67,200
BA-LL.B (Hons) (5 Years)INR 20,000INR 10,000INR 36,000INR 3,60,000
LL.B (Hons) (3 Years)INR 10,000INR 5,000INR 20,000INR 1,20,000

ICFAI University Raipur PG Fee Structure 2026

ICFAI Raipur PG fees range from around INR 40,000 to INR 2,30,000, depending on the course. The ICFAI Raipur PG admission fee varies by programme and is INR 5,000 for MA and M.Sc courses, INR 10,000 for M.Tech, and INR 20,000 for MBA and MCA as a one-time payment. The MBA is the highest-fee postgraduate course at ICFAI Raipur, with a semester fee of around INR 57,500.

CourseAdmission Fee (INR)Caution Deposit (INR, Refundable)Fee per Semester (INR)Total Course Fee (INR)
MBA (2 Years)20,00010,00057,5002,30,000
MCA (2 Years)20,00010,00038,8001,55,200
M.Tech CSE / ECE (2 Years)10,0005,00040,0001,60,000
M.Sc Physics / Chemistry (2 Years)5,0005,00020,00080,000
M.Sc Mathematics (2 Years)5,0005,00016,00064,000
MA Education (2 Years)5,0002,00011,50046,000
MA English / Economics / Hindi Literature / Public Admin / Yoga / JMC (2 Years)5,0002,00010,00040,000

ICFAI University Raipur PhD Fee Structure 2026

ICFAI Raipur PhD fees are around INR 3,60,000 for a 3-year programme, with a semester fee of INR 45,000 charged across eight semesters. The ICFAI Raipur PhD admission fee is INR 10,000 as a one-time payment at the time of admission. The caution deposit is INR 5,000, which is refundable after course completion without any interest. Both full-time and part-time PhD students pay the same fees.

Fee ComponentAmount
Admission Fee (One-time)INR 10,000
Caution Deposit (Refundable)INR 5,000
Fee per SemesterINR 45,000
Total Programme Fee (excluding admission fee and caution deposit)INR 3,60,000
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How to Pay ICFAI University Raipur Fees 2026

ICFAI University Raipur fees are paid at the time of admission confirmation and then semester-wise as per the schedule. At the time of joining, selected students need to pay the admission fee, first semester fee, and caution deposit together. After that, the ICFAI University Raipur semester fees are paid before the start of each new semester. The ICFAI University Raipur fee payment process is simple and done step by step as given below:

  • After your interview, you will receive your admission result from the Admissions Office.
  • Visit the official website (www.iuraipur.edu.in) and log in to the student fee portal.
  • Select your semester and check the total fee, including Semester I charges and any one-time fees.
  • Choose your payment method: Net Banking, Credit/Debit Card, or UPI through a secure online gateway.
  • Complete the payment and download your fee receipt. Keep it safe for future reference.
  • For offline payment, submit a Demand Draft in favour of “The ICFAI University, Raipur – Fee Collection A/c” at the Admissions Office in Raipur.
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ICFAI University Raipur Education Loan Facility

Axis Bank offers an easy education loan for students of ICFAI University Raipur, covering up to 95% of course fees with no extra charges for early repayment. Students can also save tax, as the interest paid is eligible for benefits under Section 80E of the Income Tax Act.

Loan ParameterAxis Bank Terms for ICFAI Raipur Students
EligibilityIndian national with admission secured at ICFAI University Raipur through merit
Loan AmountMaximum 95% of the course fees
Rate of Interest (Unsecured, up to INR 7.5 Lakh)12.5% (floating, linked to Repo Rate)
Rate of Interest (Secured, above INR 7.5 Lakh)11% (floating, linked to Repo Rate)
Margin Money5% on loan amounts above INR 4 Lakh
Pre-payment and Foreclosure ChargesNIL
Repayment (loans up to INR 7.5 Lakh)Immediate EMI
Loan DisbursementDirectly to the university (as per the admission letter)
CollateralRequired for loans above INR 7.5 Lakh as per Axis Bank norms
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ICFAI University Raipur Fee Refund Policy 2026

The ICFAI University Raipur fee refund policy published in the 2026 Application Form specifically covers the case of provisionally admitted students who fail to meet eligibility by the cut-off date. Final-year students admitted provisionally must submit their passing Class XII or graduation mark sheet and meet the minimum aggregate requirements by September 14, 2026.

ScenarioRefund
Provisional student fails to meet eligibility by September 14, 2026Admission fee is forfeited; 50% of the semester fee is refunded; the caution deposit is refunded in full
Seat cancellation after admission confirmation (general case)As per university regulations, students should verify at the time of admission
Caution DepositFully refundable without interest on programme completion; not adjusted against fee dues
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ICFAI University Raipur Fees Comparison with Similar Colleges 2026

The ICFAI University Raipur fees are positioned at the mid-range of private-university pricing in Chhattisgarh — lower than Amity and closer to MATS and ITM Raipur. The table below compares total programme fees for four flagship courses across five private universities in the Raipur-Durg belt.

ProgramICFAI University, RaipurKalinga University, RaipurMATS University, RaipurITM University, RaipurAmity University, Chhattisgarh
B.Tech (Total)INR 3,22,000INR ~4,20,000 – 7,50,000Mid-range private-university bandMid-range private-university bandUpper private-university band
MBA (Total)INR 2,30,000INR 1,10,000 – 2,50,000INR 86,000 – 1,80,000INR 1,00,000 – 3,13,000INR 1,20,000 – 4,08,000
BBA (Total)INR 1,58,700INR 1,10,000 – 1,20,000INR 86,000INR 1,00,000 – 1,20,000INR 96,000
BA (Total)INR 69,000INR 50,000 – 1,50,000INR 28,000 – 35,000Similar mid-tier pricingINR 38,000 – 68,000
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Top Courses at The ICFAI University (ICFAI), Raipur

Course NameFeesEligibility
B.Tech. (Bachelor of Technology)₹1,10,500
10+2 or equivalent examination, Minimum aggregate of 50% marks in Physics, Chemistry, and Mathematics, Valid score in any national/state-level engineering entrance examination
M.B.A. (Master of Business Administration)₹1,00,000 - 1,45,000
Bachelor's degree in any discipline, Minimum aggregate score of 50%, Valid score in national-level management entrance exams (CAT/MAT/XAT/CMAT/ATMA)
B.Sc. (Bachelor of Science)₹33,000
10+2 education in the science stream from a recognized board, minimum aggregate score of 50% in the qualifying examination, studied Physics, Chemistry, and Mathematics as compulsory subjects in 10+2 curriculum
B.A. (Bachelor of Arts)₹30,000 - 33,000
10+2 or equivalent examination, minimum aggregate score of 50%, studied English as a compulsory subject
B.B.A. (Bachelor of Business Administration)₹46,000 - 67,900
10+2 or equivalent examination from a recognized board, minimum aggregate score of 50% in qualifying examination, studied English as a compulsory subject during 10+2 education
B.C.A. (Bachelor of Computer Applications)₹58,700
10+2 or equivalent examination, Mathematics as a compulsory subject, minimum aggregate score of 50%
B.Com. (Bachelor of Commerce)₹33,000
10+2 examination or equivalent qualification, studied Commerce or strong background in Commerce subjects, demonstrated interest in Commerce and necessary skills
LL.B. (Bachelor of Laws)₹55,000
Graduation in any discipline from a recognized university, Minimum aggregate of 45%, Valid score in Common Law Admission Test (CLAT) or ICFAI Law School Admission Test (ILSAT)
Diploma₹12,000
10+2 or equivalent examination, minimum aggregate score of 50%, studied English as a compulsory subject, age limit of 21 years for general category, age limit of 23 years for reserved category.
M.Sc. (Master of Science)₹42,000 - 50,000
Bachelor's degree in the relevant field, Minimum aggregate score (varies by specialization), Entrance examination (if applicable)
B.Ed. (Bachelor of Education)₹38,300
50% aggregate marks in undergraduate degree, undergraduate degree in any discipline, age criteria set by the university
M.A. (Master of Arts)₹20,000
Bachelor's degree in any discipline, Minimum 50% aggregate marks, Valid score in ICFAI University Common Entrance Test (ICFAIUCAT) or any national-level entrance exam (CAT/MAT/XAT/CMAT)
M.Tech. (Master of Technology)₹80,000
Bachelor's degree in Engineering or Technology, Minimum aggregate of 50%, Valid GATE score, Qualified in the university's entrance examination
Post Graduate Diploma₹15,000
Bachelor's degree in any discipline, minimum aggregate score of 50%, qualified in any national level management entrance examination (CAT/MAT/CMAT/XAT/ATMA or ICFAI-UCAT)
M.C.A. (Master of Computer Applications)₹1,07,600
Bachelor's degree in any discipline, Minimum 50% aggregate marks, Studied Mathematics in 10+2 or graduation, Valid score in ICFAI University Common Entrance Test (ICFAIUCAT) or any other nationally recognized entrance examination
Ph.D. (Doctor of Philosophy)₹90,000
Master's degree in a relevant discipline, Minimum 55% aggregate marks in postgraduate studies, Professional qualification such as CA, ICWA, CS, or equivalent
B.A. + LL.B.₹72,000 - 1,02,000
10+2 or equivalent examination, Minimum aggregate of 50%, Valid score in any national or state-level law entrance examination (e.g., CLAT, LSAT)
B.B.A. + LL.B.₹72,000
10+2 or equivalent examination from a recognized board or university, minimum aggregate score of 50% in qualifying examination
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