This is the highest prize money for any cricketing event to be played in India.
The total prize money will be a mindboggling Rs 120 million with the runners-up receiving Rs 24 million. The two losing semi-finalists would be richer by Rs 12 million each.
The team finishing fifth will collect Rs 8 million and the sixth finisher will earn Rs 7 million.
Meanwhile, the team finishing seventh on the league table will earn Rs 5 million while the team at the bottom of the table will get Rs 4 million.