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