IIM Indore SIP stipends are typically quoted for 2 months combined, with monthly figures for top roles ranging Rs 1-2 LPM (Rs 2-4 lakh for 2 months). Top consulting and PM SIPs reach Rs 1.5 LPM per month.
Marketing, general management, and operations SIPs average Rs 60,000-1 LPM. The OP of this thread said most got six-digit stipends monthly at IIM I. Dummy internships (SIPs below Rs 20,000 per month or unbranded) are rare at Indore; even the last 50-60 students typically land at reputed firms with decent stipends.
IIM I at Rs 16.5L fees and Rs 25 LPA average batch processes SIPs over 15-20 days with 600+ students, and unplaced ones at the end are picked up by well-known brands willing to fill slots with stipends around Rs 25-40k per month. For candidates comparing IIM I SIP stipends to A, B, C or L, Indore is 20-30% below but not dramatically lower.
Stipend isn't the main goal of SIP; PPO conversion and final placement signal matter more. A SIP at a top company with a decent Rs 80k stipend and strong PPO probability beats a Rs 2L stipend at a company without PPO chances. Plan for 2-month SIP living expenses (Rs 30-50k total) and treat anything above that as pocket money.
Some students opt out of SIP entirely (with college approval) to pursue independent research or entrepreneurial ventures; this is rare but allowed. Check your eligibility at collvera.