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 17,000 p.m.

 

How to Apply for EMI Option:
  • 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

Note : Instant KYC can also be done online which does not require physical PAN and Address proof. It is not mandatory that the mobile number should be linked with Aadhar(any number can be used)

 

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 without any down payment 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 details prefilled
  • You will then be asked to login & complete basic information, KYC details and provide bank details.
  • On approval, you need to complete the remaining steps of agreement, E-mandate , video verification and payment of the one time processing fees(Rs. 175+GST)

 

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 17,000

INR 17,000

INR 17,000

INR 17,000

INR 17,000

Total (incl.taxes)

INR 207

INR 17,000

INR 17,000

INR 17,000

INR 17,000

INR 17,000

 

* 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