Hello Sai,

There are many scholarships and some financial aid present for students in IIMs. Here are some of them -

All PGP students with annual household income below INR 6,00,000 are eligible to apply for financial aid. Other students with severe financial difficulties arising from sudden unforeseen circumstances are also considered.

Aditya Birla Scholarship, OPJEMS Scholarship, Citi Women’s Leader Award, Societe Generale Global Solution Centre India Scholarship, Siddhartha Padam Award and more.

Full details - https://www.iimb.ac.in/pgp-financial-aid-scholarships

Hope this helps.