Hey , there is not any college in India which offers MBA program free of cost. I ma here giving you list of the MBA colleges which having low cost for MBA program .

Low cost MBA colleges in India :

Faculty of Management Studies (FMS)
Address: Malkaganj Marg, University Enclave,
New Delhi – 110007
Phone: 01127666382
Rs. 10,480 /-for full time MBA and P.Hd course

Department of Management Studies (DMS), IIT Roorkee
Address: Department of Management Studies,
IIT Roorkee, Roorkee, Uttarakhand
Phone: 01332285014, 285617
Rs. 60,000/- for General and Rs. 35,000/- for Reserved

Department of Management Sciences, Pune University (PUMBA)
Address: Department of Management Sciences (PUMBA),
University of Pune, Ganeshkhind,
Pune – 411007
Phone: 02025693380 / 0545
Rs. 65,000/- for General and Rs. 32,500/- for Reserved candidates


Jamnalal Bajaj Institute of Management Studies (JBIMS)
Address: HT Parekh Marg, Churchgate, Mumbai – 400020
Phone: 02222024133
Rs. 1,00,000/-

MCT Rajiv Gandhi Institute of Technology
Address: Juhu Versova Road,
Behind HDFC Bank Versova, Andheri (West), Mumbai – 400053
Phone: 26707025
Rs. 2,15,000/-

Indian Institution of Export and Import Management
Address: Pragati Bldg, 1st Floor, Opp. Shamrao Vitthal Bank, RHB Road, Mulund (West), Mumbai – 400058
Phone: 0222591900
Rs. 2,15,000/-

MET Institute of Management
Address: Mumbai Educational Trust, Bhujbal Knowledge Center,
Bandra Reclaimation, Bandra (West), Mumbai – 400050
Phone: 02226440446
Rs. 2,15,000/-

Pailan College of Management & Technology
Address: Sector 1, Phase 1, Bengal Pailan Park, (off.)
D. H. Road, Joka, KolkataPhone: 03324535605t
Rs. 2,15,000/-

Globsyn Business School, Kolkata
Address: Globsyn Crystals, 1st Floor, XI – 11 & 12,
EP block, Sector – V,
Salt Lake Electronic Complex, Kolkata – 700091
Phone: 03340003600
Rs. 2,25,000/-

Prin. L N Welingkar Institute of Management Development & Research, Mumbai
Address: Lakhamsi Nappu Road,
Matunga East, Mumbai –
400019
Phone: 09220686681
Rs. 2,50,000/-