EMI with 0% interest and 0 down payment

Highlights:
  • 0% interest
  • 0 down payment
  • Instant online approval in seconds
  • Easy & Secure online process using Aadhaar and PAN number
  • Anyone with an Indian account can apply
  • Pay fee in interest-free installments of INR 16,400 p.m.

 

How to Apply for EMI Option:
  • The facility to pay fee through EMIs is currently available to Indian Nationals only.
  • To apply for EMI option, applicants need to have:
  • PAN Card, Address Proof (Aadhar/Voter ID/Passport/Driving Licence)
  • Bank account in any Indian Bank

 

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 Propelld platform who have partnered with BITS Pilani to offer EMI facility to applicants at 0% interest and instant approval process.
  • On the Propelld portal, you will see a form to apply for the EMI option which will have part of your course prefilled.
  • You will then be asked to login & complete basic information, KYC details and provide bank details.
  • If approved, then Propelld will send a mail asking you to complete the remaining steps of agreement, E-mandate , video verification and payment of the one time processing fees.

 

EMI Payment Plan
  • On approval of the EMI facility, applicants need to pay Rs. 175+GST towards one time processing fees of the loan.
  • 5 EMIs will be payable on a monthly basis.
  • The following payment schedule will apply to new admissions:

 

 

Month 0

Month 1

Month 2

Month 3

Month 4

Month 5

Processing Fees

207(incl. taxes)

-

-

-

-

-

Instalment

-

INR 16,400

INR 16,400

INR 16,400

INR 16,400

INR 16,400

Total (incl.taxes)

INR 207

INR 16,400

INR 16,400

INR 16,400

INR 16,400

INR 16,400

 

* For detailed programme fee structure, please refer to the brochure, or the programme page on the website.

 

Please Note

  • All loans are subject to approval by Propelld