EMI with 0% interest and 0 down payment
Interest-free, instant EMI option is an easy and convenient way to pay your programme fee
Highlights:
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0% interest
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0 down payment
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Instant approvals
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Easy & Secure online process using Aadhaar and PAN number
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Anyone with an Indian account can apply
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Pay fee in interest-free installments of INR 16,000 p.m.
How to Apply for EMI Option:
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The facility to pay fee through EMIs is currently available to Indian Nationals only.
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To apply for EMI option, applicants need to have:
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PAN Card, Address Proof (Aadhar/Passport/Driving Licence)
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Bank account in any Indian Bank
Please follow the steps below to apply of EMI option:
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On receipt of the Admission Offer Letter, you will be provided with 2 payment options: 'Pay on your own', OR 'Pay using EMI option'
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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 0 downpayment with instant approvals.
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On the Propelld portal, you will see a form to apply for the EMI option which will have part of your course prefilled.
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You will then be asked to login & complete basic information, KYC details and provide bank details.
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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
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On approval of the EMI facility, applicants need to pay Rs. 175+GST towards one time processing fees of the loan.
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5 EMIs will be payable on a monthly basis.
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The following payment schedule will apply to new admissions:
Month 0 | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | |
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Processing Fee | 207(incl. taxes) | - | - | - | - | - |
Instalment | - | INR 16,000 | INR 16,000 | INR 16,000 | INR 16,000 | INR 16,000 |
Total (incl.taxes) | INR INR 207 | INR 16,000 | INR 16,000 | INR 16,000 | INR 16,000 | INR 16,000 |
* For detailed programme fee structure, please refer to the brochure, or the programme page on the website.
Please Note
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All loans are subject to approval by Propelld