Shri Madhwa Vadiraja Institute of Technology and Management

Shri Madhwa Vadiraja Institute of Technology and Management Fee Structure is a leading institution committed to providing high-quality technical education while ensuring affordability & accessibility for students from diverse backgrounds & Known for its innovative curriculum and modern infrastructure, SMVITM offers a transparent & structured fee system supplemented by numerous scholarships and financial aid opportunities. Below, you will find a detailed breakdown of the fee structure for various programs offered at SMVITM, along with additional expenses, scholarships, & payment methods.

Shri Madhwa Vadiraja Institute of Technology and Management Fee Structure

1. Undergraduate Programs (B.E.)

Duration:

• 4 years

Eligibility:

• Candidates must have passed 10+2 or equivalent with Physics, Chemistry, and Mathematics, achieving at least 45% aggregate marks (40% for SC/ST/OBC candidates).

• Admission is based on performance in entrance exams such as KCET, COMEDK, or JEE Main.

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Annual Tuition Fee:

• Government Quota:55,000 –80,000

• Management Quota:1,20,000 –2,50,000

Additional Fees:

• Admission Fee:10,000 (one-time payment)

• Examination Fee:4,000 –6,000 per semester

• Laboratory Fee:8,000 annually

• Library Fee:6,000 annually

• Miscellaneous Fees:18,000 (includes co-curricular activities, sports, and events)

• Hostel Fee (Optional):65,000 –90,000 per year (inclusive of accommodation and mess facilities)

Scholarships: SMVITM provides scholarships for meritorious and financially disadvantaged students. Eligible candidates can also apply for state and central government-funded scholarships.

2. Postgraduate Programs (M.Tech)

Duration:

• 2 years

Eligibility:

• Bachelor’s degree in Engineering/Technology with a minimum of 50% marks (45% for SC/ST/OBC candidates).

• Admission is based on GATE or PGCET scores.

Annual Tuition Fee:

• Government Quota:75,000 –1,20,000

• Management Quota:1,50,000 –3,00,000

Additional Fees:

• Admission Fee:12,000 (one-time payment)

• Examination Fee:5,000 –7,000 per semester

• Laboratory Fee:12,000 annually

• Research Fee:18,000 (for thesis submission)

• Miscellaneous Fees:15,000 annually

• Hostel Fee (Optional):70,000 –95,000 per year

Scholarships: Postgraduate students can avail of GATE stipends, institutional scholarships, and state government financial aid programs.

Know about the college fees at Shri Madhwa Vadiraja Institute of Technology and Management Fee Structure.

3. Diploma Programs

SMVITM also offers diploma programs for students aiming to build foundational knowledge and technical skills in engineering disciplines.

Duration:

• 3 years

Eligibility:

• Pass in SSLC (10th grade) with a minimum of 35% marks.

Annual Tuition Fee:

• ₹20,000 –30,000

Additional Fees:

• Admission Fee:5,000 (one-time payment)

• Examination Fee:2,500 –3,500 per semester

• Laboratory Fee:5,000 annually

• Miscellaneous Fees:8,000 annually

• Hostel Fee (Optional):50,000 –70,000 per year

Scholarships: Government and institutional scholarships are available for economically disadvantaged students.

4. Postgraduate Management Programs (MBA)

Duration:

• 2 years

Eligibility:

• Bachelor’s degree in any discipline with a minimum of 50% marks (45% for SC/ST/OBC candidates).

• Admission is based on KMAT, PGCET, or other equivalent exams.

Annual Tuition Fee:

• ₹80,000 –1,50,000

Additional Fees:

• Admission Fee:10,000 (one-time payment)

• Examination Fee:3,500 –5,000 per semester

• Library Fee:4,500 annually

• Miscellaneous Fees:15,000 annually

• Hostel Fee (Optional):70,000 –95,000 per year

Scholarships: Scholarships are available based on academic merit, financial need, and sports achievements.

5. Breakdown of Fees

Tuition Fee Categories:

• Fees vary depending on the admission quota (Government Quota, Management Quota, or NRI Quota).

• Government quota students benefit from subsidized fees as per Karnataka state regulations.

Hostel and Accommodation Fees:

• Hostel charges range from50,000 to95,000 annually, inclusive of food, utilities, and Wi-Fi. Additional charges may apply for AC rooms or single occupancy.

Refund and Cancellation Policy:

Refunds are processed as per AICTE and UGC guidelines:

• Full refund (minus processing charges) for cancellations before classes start.

• Partial refund for withdrawals within 15 days.

• No refund after 15 days from the commencement of classes.

Late Payment Penalty:

• A late fee of100 per day is charged for overdue payments. Continued non-payment may lead to restricted access to academic & hostel facilities.

Fee Concessions:

• Single Girl Child: Up to 20% concession on tuition fees.

• Siblings Studying Together: 10% concession for the younger sibling.

• Alumni Children: 10% tuition fee concession.

Installment Payment Options:

• Students facing financial challenges can opt for an installment plan, allowing payments in up to three parts annually.

NRI and Foreign Students:

• Fees for NRI students range from2,50,000 to4,50,000 annually, payable in USD or INR.

Know about the college Courses at Shri Madhwa Vadiraja Institute of Technology Courses.

6. Scholarship Programs

SMVITM provides several scholarship opportunities to ensure financial support for students. Here are the key categories:

Merit-Based Scholarships:

• Eligibility: High scores in entrance exams like KCET, COMEDK, or JEE Main.

• Benefits: 25% to 100% tuition fee waivers.

Need-Based Scholarships:

• Eligibility: Annual family income below3,00,000 with valid income proof.

• Benefits: Partial or full tuition fee waivers.

Government Scholarships:

• Programs: Post-Matric Scholarship, Vidyasiri Scheme, and others.

• Eligibility: Reserved categories (SC/ST/OBC), minority communities, or girl students.

Institutional Scholarships:

• Eligibility: Exceptional academic performance or financial hardship.

• Benefits: Fee waivers, free hostel accommodation, and other incentives.

Sports and Extracurricular Scholarships:

• Eligibility: State or national-level representation in sports or extracurricular activities.

• Benefits: Fee concessions or monetary rewards.

Payment Methods at Shri Madhwa Vadiraja Institute of Technology and Management

SMVITM offers a variety of payment methods to ensure convenience and flexibility for students and their families & Below are the detailed payment options available at SMVITM:

1. Online Payment Options

The college provides a seamless online payment gateway accessible through its official website, making it easy for students to pay their tuition, hostel, and other fees without visiting the campus.

Payment Gateway on the College Website

Students can log in to the dedicated portal using their unique credentials.

Accepted payment methods include:

• Debit Cards: Visa, Mastercard, RuPay

• Credit Cards: Visa, Mastercard, American Express

• UPI (Unified Payments Interface): Apps like Google Pay, PhonePe, Paytm

• Net Banking: Available for all major Indian banks

Instant Receipts: After successful payment, a digital receipt is generated and can be downloaded for record-keeping.

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Mobile Apps and UPI Transactions

QR codes for payment are available in the payment portal.

Students can complete payments via UPI-enabled apps like:

• Google Pay

• PhonePe

• BHIM

• Paytm

2. Bank Transfers

SMVITM provides the option for direct bank transfers, offering flexibility for those who prefer traditional payment methods.

NEFT/RTGS/IMPS Transfers

Students or guardians can transfer fees to the institution’s official bank account.

Details Required for Transfer:

• Bank Name

• Branch and Address

• Account Number

• IFSC Code (provided in admission documents or obtained from the accounts office)

Processing Time: Payments are typically confirmed within 24–48 hours.

Offline Bank Payments

• Fee payments can also be made via demand drafts (DD) in favor of SMVITM, payable at the college’s designated bank.

• The draft can be submitted directly to the accounts office or sent by post with the student’s details.

3. International Payments (For NRI and Foreign Students)

SMVITM accommodates international students and NRIs by providing secure options for fee payments in foreign currencies.

SWIFT/International Bank Transfers

Payments can be made through SWIFT transactions in USD or other major currencies.

The institution provides:

• Bank’s SWIFT code

• Correspondent bank details

Conversion Transparency: Receipts are issued with detailed currency conversion rates for clarity.

Foreign Currency Payment Gateway

• An online payment option is available for direct foreign currency transactions, ensuring convenience for international students.

4. In-Person Payments at the Accounts Office

For those who prefer face-to-face transactions, SMVITM offers over-the-counter payment options.

• Payments can be made via cash, demand drafts, or bank checks at the accounts department.

• A payment acknowledgment receipt is issued immediately.

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Conclusion

The Shri Madhwa Vadiraja Institute of Technology and Management Fee Structure is meticulously designed to balance affordability with the institution's commitment to academic excellence & With transparent fee details, extensive scholarship programs, & flexible payment options, SMVITM ensures that students can focus on their education without financial stress & Explore the programs and facilities at SMVITM to take the first step toward a successful career in engineering and management.