Apply for education EMI with Bajaj Finserv

Frequently asked questions

Have more questions? Here is the list of the questions most of our students ask

Types of plans

Three plans are available which are ; 10/2 , 9/3 and 12/4. For example: The total amount will be divided by 10 and the student will pay the two months of EMI as down payment along with the processing fees at the time of purchase.

PLAN: 10/2

Course fee: 60,500 Initial down payment(EMI of 2 months) : 6050 x 2 = 12,100 + 767 (processing fee) 6050 every month for the next 8 months

Processing Fees

767 Rupees

Documents required

PanCard and Aadhar Card number. If the student or his/her parents are already a customer of Bajaj they can directly provide Bajaj Card number or the registered contact number.

Age Limit

23 - 60 Years (candidate who ever is going for the EMI)

When will EMI be deducted from the account?

The EMI starts getting deducted from next month.

What will happen if they don’t pay?

The Bajaj team will take the necessary actions.

Fine for late payment

There will be a fine incase of delay in the payment, amount varies as per the course fee or the EMI amount.

Will ace online person call you for documents?

Yes

How many days for it to activate?

3 days

What will happen if my documents fail, can I apply again?

It is mostly because of low Cibil score. So if it is rejected, one cannot apply again.

(The CIVIL SCORE SHOULD BE ≥ 750)