EMI with 0% interest and 0 down payment

 

Highlights:

  • 0% interest

  • 0 down payment

  • Instant online approval in minutes

  • Pay in 11 easy Installments

  • Easy & Secure online process using Aadhar and PAN number

  • Anyone with an Indian Bank Account can apply

  • Pay fee in interest-free installments.

 

How to Apply for EMI Option:

  • To apply for EMI option, applicants need to have:

  • PAN Card, Address Proof (Aadhar/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 3 payment options: 'Pay using No Cost EMI(Fintech) option', OR 'Pay using Credit Card EMI option' OR Direct Payment'

  • Select "Pay using No Cost EMI(Fintech) 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/statement.

  • On approval, you need to complete the remaining steps of agreement, E-mandate , video verification(10 seconds online kyc)

 

EMI Payment Plan

  • On approval of the EMI facility, applicants need to complete the loan documentation on Propelld Portal.

  • 11 EMIs will be payable on a monthly basis.

  • The following payment schedule will apply to new admissions:

Option 1 : 50% Scholarship
  Month 0 Month 1 to Month 11
Monthly EMI - INR 10,000
Total - INR 1,10,000
Option 2 : 75% Scholarship
  Month 0 Month 1 to Month 11
Monthly EMI - INR 5,000
Total - INR 55,000

* 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

    50% / 75% scholarship will be awarded to working professionals at the discretion of the institute, and subject to meeting the eligibility.