The award will be given once in two years out of the interest accrued in the AMI-Prof. S.R. Vyas Memorial Fund.The size of the award will be decided by the Central Council (CC) from time to time depending on the funds available for the purpose but shall not be less than Rs. 10,000 in cash and a citation.
The nominee should be above the age of 50 years, a member of the Association of long standing (at least 10 years) and should have contributed significantly for the development of Microbiology in India or abroad as demonstrated by his work and publications. Following the announcement of the award, any AMI member can nominate a person to the General Secretary of the association within the time limit specified. The General Secretary shall then consolidate the list and inform the President, who shall then in consultation with the General Secretary, constitute a committee of 3 eminent persons in consultation with General Secretary to scrutinize the candidate's merit and report back to the General Secretary directly. The majority decision shall be communicated to the Central Council by the GS and the result will be communicated to the awardee at least one month before the date of the General Body meeting . The awardee shall present himself / herself at the General Body meeting, make a brief presentation of his/her work and receive the award. The award shall not be given in absentia under any circumstances and there shall be no minimum number of names to be considered for this award.

The AMI-Alembic award is open preferably to all AMI members of at least 10 years standing and who have contributed significantly to any area of Microbiology and shall be given out of the interest accrued in the AMI- Alembic Award fund. The applicant should be below the age of 45 years and must have done most of work, which he/she submits, preferably in India. The award will be given away once in 3 years and will include cash and a citation. Other rules as stated under Rule 21 will apply.

The AMI-Manjrekar award is open to all AMI members and will be given out of the interest accrued in the AMI- Manjrekar award fund. Applicants should be below the age of 60 years and should be a member of the AMI for at least 10 years continuous standing and have contributed significantly to Industrial Microbiology, preferably in India. The award shall be given away once in 2 years and will include cash and a citation. Other rules prescribed under Rule 21 shall apply.

The AMI-Louis Pasteur award is open to all AMI members and shall be given out of the interest accrued in the AMI-Pasteur Award fund. Applicants should be below the age of 60 years and preferably a member of AMI for atleast 10 years in continuous standing and should have contributed significantly to the areas of Fermentation or Medical Microbiology preferably in India. The award shall be given once in 3 (three) years and will include cash and a citation. Other rules as stated under Rule 21 will apply.

The Association shall give out one award each in Agriculture, Industrial, Medical & Veterinary, Molecular, Dairy & food and Environmental Microbiology to young Microbiologists of India. The awards will be given out of the interest accrued in the Funds in AMI-Young Scientists awards and the size of the awards will be determined by the Central Council.
Applicants should be of less than 35 years of age and must have demonstrated their capacity as Microbiologists and should be member of the Association at least for 5 years.
The awards will be Annual and will include cash and a citation. The awards will be given away at the plenary session of the AMI conferences. The awardees will be required to make a brief presentation of the work for which they are rewarded.

This award shall be given to the Best Poster paper presented at the AMI conference. All posters presented at the conference are entitled to compete . The award shall consist of a cash award of Rs. 20,000/- given out of the interest accrued from the Dr. R. S. Rana memorial Best Poster award fund and a citation. The procedure for selection shall involve review of the various posters by a selection committee approved by the organizers and the CC, whose decision will be final.

All papers published in the Indian Journal of Microbiology during preceding two years shall be considered for the award. The award shall be given out of the interest accrued in the Prof. J. V. Bhat- AMI Best paper published award fund and will consist of a cash award of Rs. 3000/- and a citation. For selecting the awardee, the General Secretary shall obtain copies of the journal from the Editor – in – Chief and send the same to one or two eminent Microbiologists, who shall review and communicate their decision to the General Secretary. The decision of the referee shall be final. If in opinion of the referee(s), then the secretary may send the journals to another referee, whose decision shall be final. Once the process of selection is over, the General Secretary shall obtain the concurrence of the President and shall inform the first author who shall be present at the next GB of the Association to receive the award. Since the Journal is open to all to publish their papers, there shall be no restriction for being a member of the Association.