Best Colleges Under 5 Lakh Per Year in India
Find colleges under Rs 5 lakh per year fees. This range includes many top private engineering colleges, medical colleges (management quota), and premier MBA institutions.
1014+
Colleges Found
10
Streams Covered
10
States Covered
Filter by Stream
Top Colleges Under 5 Lakh Fees
🔬
RMV
#1 NIRF
Ramakrishna Mission Vivekananda Centenary College Kolkata
Kolkata, West Bengal
SciencePrivateNAAC A++
Fees/Year
₹45.0K
Avg Package
₹5.50 LPA
Placement
85%
Est. 1960View Details →
SDC
#1 NIRF
Saveetha Dental College and Hospital
Chennai, Tamil Nadu
MedicalDeemedNAAC A++
Fees/Year
₹5.00 L
Avg Package
₹5.00 LPA
Placement
90%
Est. 1988View Details →
IIT
#1 NIRF
Indian Institute of Technology Bombay
Mumbai, Maharashtra
EngineeringGovernmentNAAC Not Applicable
Fees/Year
₹35.0K
Avg Package
₹21.82 LPA
Placement
94%
Highest
₹200.00 LPA
Est. 1958View Details →
Other Budget Ranges
Why Choose Colleges Under 5 Lakh?
Lower Financial Burden
Affordable fees mean less reliance on education loans. Many government colleges under 5L offer world-class education without crippling debt after graduation.
Strong Placements
Many affordable colleges boast excellent placement records. IITs, NITs, and top state universities consistently deliver high placement rates and competitive salary packages.
Government Recognition
Most affordable colleges are government-funded, UGC-approved, and NAAC-accredited. Their degrees carry strong recognition for higher studies and government job eligibility.
Tips for Choosing an Affordable College
1
Check NIRF Rankings
NIRF-ranked colleges have verified quality metrics including teaching, research, and placement data.
2
Compare Placement Records
Look at 3-5 year placement trends, not just one year. Consistent placement rates matter more than peaks.
3
Look for Scholarships
Many colleges offer merit-based and need-based scholarships that can further reduce your effective fees.
4
Consider Total Cost
Factor in hostel fees, mess charges, and living costs. A college in a tier-2 city can be significantly cheaper overall.
Frequently Asked Questions
Which are the best colleges under 5 Lakh per year in India?
India has 1014+ colleges with annual fees under Rs 5 Lakh. The top-ranked ones include government-funded institutions like IITs, NITs, IIITs, and top state universities that offer excellent education and placements at subsidized fees. Use SeekCampus to filter and compare them by NIRF ranking, placement rates, and courses offered.
Are placements good in colleges under 5 Lakh fees?
Yes, many affordable colleges have excellent placement records. Government institutions like IITs have some of the highest placement rates in the country (90%+) with average packages exceeding Rs 15-20 LPA. NITs and IIITs also deliver strong placement outcomes with fees well under Rs 5 Lakh per year.
How to find affordable colleges with good NIRF ranking?
SeekCampus makes it easy to find affordable, well-ranked colleges. Our listing above is sorted by NIRF ranking, so the top results are the highest-ranked colleges within your budget. You can also use our recommendation engine to get personalized suggestions based on your budget, preferred stream, and entrance exam scores.
