Zero Cost EMI for Online MBA: How It Works

What is Zero Cost EMI?

Zero Cost EMI means you pay the programme fee in monthly installments, and the installments add up to the fee with no extra interest charged to you on it. Always read the written terms for any processing charge or other fee before you sign.

How It Works for Online Degrees

In most Zero Cost EMI plans, a lending partner finances the fee, and its interest is covered by the university or the plan, not added to your bill. The exact arrangement differs by university and lender. For example, the Bennett Online MBA lists a programme fee of ₹2,10,000 with No Cost EMI from ₹8,334 a month. Check each programme page for the current plan.

Who is Eligible?

• Lenders usually check your income or salary account
• Lenders usually check your credit history
• Some plans accept a co-applicant (parent or spouse)
• The exact rules are set by the lender, so ask for them in writing

Partner Universities That List EMI Plans

These programmes list EMI options. Plans and amounts change, so check the programme page or ask a counsellor for the current one.

• Amrita Vishwa Vidyapeetham Online MBA
• Manipal University Jaipur Online Programs
• Dayananda Sagar University
• VIT Online MBA
• Bennett University Online Programs

Important Note

EMI offers differ by university and can change. If you need a bigger amount than the fee, read Education Loan for Online MBA. Ask a Phoenix counsellor for the current plan before you decide.