SBI usually has a dedicated desk on campus during registration. It's often easier than dealing with a local branch that might not be familiar with the 'Special Scholar Loan' terms for top IIMs.

₹40k per term for mess and activities is the one that catches people off guard. It's 'refundable based on consumption,' but you still need the liquidity upfront. Definitely factor that into your initial loan disbursement

The PM-Vidyalaxmi portal is much smoother now. Since IIMK is in the top bracket, you don't need a co-applicant or collateral. Just make sure your Aadhaar is linked to your mobile for the OTP-based digital application.

Don't just look at the ₹23.5L. Make sure your loan amount includes the 'Mess and Student Activity' deposits mentioned in the note. Banks usually cover 100% of 'total cost of study' for IIMs, so get that included in your sanction letter