Finances of NIRB and Course Fee :

NIRB is a self-financing institution, works more on the lines of a charitable institution 'earn only to serve'. Its revenue comprises of the course fees and the interest earned on the corpus fund. True to its' objectives, the course fee structure is deliberately kept at moderate and low levels, affordable to the client banks. NABARD provides funding (50%) support to some of the sponsored programmes by subsidizing the participation fees of candidates deputed by the cooperative banks and the Regional Rural Banks. Besides, travel cost of participants of Cooperative Banks in the North-Eastern Region including Sikkim is also subsidized by NABARD to the extent of fifty percent on a year to year basis. This benefit is instantly passed on to the clients by reducing the prorate fees in the announcement letter itself.