Is there a possibility to get a no-cost EMI option for tuition fee payments?
Yes, some educational institutions in India do offer zero-cost EMI (Equated Monthly Installment) options for tuition fee payments. This allows you to pay your fees in monthly installments without additional interest or processing fees.
However, even if an EMI is advertised as "no-cost," there may still be hidden charges, such as processing fees or GST on the interest waiver. These details can vary by institution and financial partner, so always review the terms and conditions before choosing this option.
If you need help evaluating or applying for a no-cost EMI plan, please contact your LeapScholar counsellor for guidance.
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