Easy Monthly Payment Option with 0% Interest and 0 Down payment
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 5 EMIs/monthly installments. This EMI facility will be provided by a fintech platform, GrayQuest.
Highlights:
-
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
-
5 EMIs will be payable on a monthly basis
-
The following payment schedule will apply to new admissions:
S.No. | Month | EMI |
---|---|---|
1 | Signup | 0 |
2 | 1 | 16650 |
3 | 2 | 16650 |
4 | 3 | 16650 |
5 | 4 | 16650 |
6 | 5 | 16650 |
Total | 5 month | 83250 |
Please note: All loans are subject to approval by GrayQuest.