EMI plan and its benefits
- Zero cost EMI means interest free Equal Monthly Installment payments.
- Here we have 10 equal monthly installments, with 2 installments as down payment.
- No interest, No processing fee and No hidden charges. (For Student/ Parent)
- Fully online process and high approval rates.
Example
| Student Course fee / Loan Amount |
RS. 1,00,000 |
| Down Payment (2 Advance EMIs) |
RS. 20,000 |
| EMI Amount |
RS. 10,000 |
| No.of Total EMIs |
10 |
| No.of Advance EMIs |
2 |
| No.of Remaining EMIs |
8 |
| Rate of Interest |
0% |
| Processing Fee |
Nil |
| Hidden Charges |
Nil |
| Total amount payable by student/parents |
RS. 1,00,000 |
