For IIMB alumni who spent some of their best times on campus, here is an opportunity to etch your name and acquire fractional naming rights of the hostel blocks. In a first amongst B-Schools in India, we are offering timeshare gift vouchers with every donation that will allow the alumni and family members to stay for a 2N/3D in the hostels every year during the summer holidays ten years!
- We are offering IIMB alumni the option of donating against fractional naming rights for hostel blocks.
- Donors will contribute Rs. 2 lakhs per donor ticket and his/her name will be displayed at a convenient place near the hostels.
- Naming rights will be valid for a period of 10 years from the date of receiving the funds.
- There are no limits on the number of donor tickets per donor.
- Only alumni who have stayed in the hostels can participate in this scheme.
- Every donation is eligible for a 100% tax deduction u/s 80G
Gift Voucher
- A gift voucher per donor ticket will entitle the authorized voucher holder to a 2N/3D stay every year (10am check-in; 12 pm check-out) in a hostel room at the IIMB Bannerghatta Road campus during the summer period when the hostels are unoccupied.
- A gift voucher is mapped for a stay in one hostel room.
- Gift voucher privileges cannot be accumulated and will lapse if unused.
- The hostel room will be provided in any hostel (new or old) subject to availability.
- Gift voucher privileges can be availed by an alum and his/her family. Family is defined as the alum, spouse and children.
- A gift voucher entitles a parent and a child below 15 years of age to stay in one room. An additional family member above 15 years of age would require a separate room that would require an additional gift voucher.
- Alumni children below 20 years have to be accompanied by a parent. Alumni children above 20 years can avail of the gift voucher privileges without being accompanied by a parent.
- Women will stay in the girl’s wing/block.
- The gift vouchers are not transferrable to non-family members.
- The issue of rooms will be subject to availability.
- The alums or the authorized family member shall adhere to the rules of the Institute and hostels.
- Any violation of the rules can attract immediate cancellation of the gift voucher by IIMB.
- The gift voucher for a stay in the hostels is not an entitlement but a mechanism to appreciate the Donor’s contribution and strengthen alumni connection with the alma mater.
- This is an entitlement but not an obligation on the part of IIMB and is subject to the prevailing rules and regulations at IIMB.
- During the stay on campus, the alumni or authorized family member can use the sports club facilities.