Easy EMI Option with 0% interest

Interest-free, instant EMI option is an easy and convenient way to pay your programme fee

 

Highlights:
  • 0% interest

  • No Collateral Required

  • 100% online application

  • No Hidden Charges

  • Easy App based process

  • No credit card / debit card required

  • Instant Approval

  • Hassle Free & Transparent process

  • Pay fee in easy instalments of INR 16000 p.m. for the First Semester.

 

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 ‘Eduvanz’ platform who have partnered with BITS Pilani to offer EMI facility to applicants at 0% interest and instant approval process.

  • On the Eduvanz platform, you will see a form to apply for the EMI option which will have part of your information prefilled.

  • You will then be prompted for an OTP verification on your mobile number.

  • Next, you will be directed to the documents upload page, where you will be required to upload photos of your relevant documents. Colour copies of the following documents will be required:

    • Photograph;

    • A copy of any 2 of the following – Aadhar Card/ Driving Licence/ Passport/ Voter ID;

    • PAN Card;

    • Cancelled Cheque.

  • An email will be sent to you (within 4 hours) with the final decision from Eduvanz post the credit assessment done on the basis of the information and documents provided by you.

  • The email will also have a link to complete the post approval process of signing the agreement, processing fee payment, NACH signing, etc.

  • Post completion of the above, Eduvanz will initiate the disbursement process to BITS Pilani. The entire fee amount will be credited to BITS Pilani account.

 

EMI Payment Plan for paying the fee
  • On approval of the EMI facility, applicants need to pay the Processing Fee as first month payment to Eduvanz.

  • 5 EMIs will be payable on a monthly basis.

  • The following payment schedule will apply to new admissions::

Semester 1: Fees - 80,000

  Month 0 Month 1 Month 2 Month 3 Month 4 Month 5
Down Payment INR 250 - - - - -
Processing Fee (incl. taxes)*   - - - - -
Instalment - INR 16,000 INR 16,000 INR 16,000 INR 16,000 INR 16,000
Total (incl.taxes) INR 250 INR 16,000 INR 16,000 INR 16,000 INR 16,000 INR 16,000

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

Please note:

  • The EMI plans detailed herein are based on interest rates and charges levied by Eduvanz as on April 2023. Interest rates are subject to change in subsequent semesters, and applicants desiring to avail of the EMI facility offered by Eduvanz are advised to check prevailing rates at the time of seeking EMI facility from Eduvanz.
  • All loans are subject to approval by Eduvanz.
Disclaimer: BITS Pilani works with several FinTech partners and the FinTech partner Semester 2 onwards will be at the discretion of the institution.