LBSIM NRI Quota NRI stands for Non-resident Indians. If you are an NRI and wish to pursue an MBA from a private or autonomous college, then you can get direct admission to an MBA through the NRI quota. Therefore, you can consult us regarding that. MBA NRI quota seats usually cost higher quota fees compared to any other form of admission. To know the exact amount of LBSIM NRI quota seat and the process of NRI quota admission