EMI Option with 0% interest

Easy Monthly Payment Option with 0% Interest and 0 Downpayment

Zero-cost Easy & Monthly Payment option is an affordable & convenient way to pay your programme fee. BITS is pleased to announce that you now have an option to convert your program fees in up to 11 EMIs/monthly instalments. This EMI facility will be provided by a fintech platform, GrayQuest.


  • NO extra cost

  • NO Down-payment

  • NO Processing Fee

  • NO Collaterals

  • Instant Approvals

  • Easy & Secure online process using PAN number

  • Anyone with an Indian account can apply


Please follow the steps below to apply of EMI option:
  • On receipt of the Admission Offer Letter, you will be provided with 2 payment options: 'Pay on your own', OR 'Pay using EMI option'

  • If you choose 'Pay using EMI option', the system will connect you to GrayQuest platform to offer this No-Cost EMI facility with 0 Down-payment and with instant approvals.

  • Submit your EMI application form which will have part of your course pre-filled (You will be asked to complete basic information, Residence & employment details)

  • Upon approval, GrayQuest Team will coordinate with learners to complete the post approval steps i.e. KYC, Agreement, Selfie and E-mandate.

Please Note

The sign up process for EMI is completely digital, paperless and can be completed online. No collateral/security is required to register for the EMI payment option. The grant of this facility is subject to credit eligibility from GrayQuest


EMI Payment Plan
  • 11 EMIs will be payable on a monthly basis.

  • The following payment schedule will apply to new admissions:

Month 0 Monthly Installmemt
0 0
1 20000
2 20000
3 20000
4 20000
5 20000
6 20000
7 20000
8 20000
9 20000
10 20000
11 20000
Total 220000
Please Note
  • All loans are subject to approval by GrayQuest.