MD course at NIMHANS is really good. It was the first institute in India opened for training in psychiatry. This gets carried over in the degree you obtain. 

• Primary training will be given in Adult Psychiatry in this course. This will also include a few months of training in child and adolescent psychiatry, addiction medicine, psychology, etc. 
• You will witness an astonishing amount of the variety of patients.
• You can get to see phenomenology of nearly all kinds that are read during the PG preparation. 
• Emphasis is put on treatment, and not just pharmacotherapy, but a multi-disciplinary approach. 
• This helps students learn not only psychopathology but various aspects of social dynamics as well. 
• There are plenty of research opportunities for interested students. 
• If you have a genuine interest in psychiatry should consider this course. It will be time-consuming and hectic as it requires dedication and hard work.

 The stipend is currently around INR 66,000, this should increase with the implementation of the 7th pay commission. The fee is INR 73,420.