How does no-cost EMI and semester installment fee payment work in online universities?

Asked by Pooja Tiwari

Verified Forum Submission

I want to enroll in Online MBA but cannot pay the full ₹1.5 - ₹2 Lakh fees upfront. Can I pay semester-wise or in monthly instalments without extra interest charges?

Accepted Expert Guidance

GeduConnect Financial Aid & Scholarship Desk

Senior Counsellor

Reviewed against current UGC-DEB Regulations & Gazette Notifications · 10 Sept 2026

All major UGC-approved online universities offer multiple flexible payment models so students don't face financial burden: 1. Semester-Wise Fee Payment: - Total program fee is split across 4 semesters (for PG) or 6 semesters (for UG). You only pay each semester fee at the start of that term (e.g. ~₹25,000 to ₹40,000 per semester). 2. 0% Interest (Zero-Cost) Monthly EMI: - Universities partner with leading NBFC education financing providers (Propelld, GrayQuest, LiquiLoans, Eduvanz). - The fee is divided into 10 to 24 equal monthly installments (typically starting from ₹4,500 – ₹7,500/month). - Zero Processing Fee and Zero Interest (the subvention interest is absorbed by the university). 3. Scholarship Concessions: - Concessions ranging from 10% to 30% are offered for Defence personnel, Divyang learners, women scholars, alumni, and merit holders.

Statutory Compliance Confirmation: The guidance provided above strictly aligns with the University Grants Commission (Open and Distance Learning Programmes and Online Programmes) Regulations and subsequent official Gazette notifications.

Contribute an Answer or Student Experience

Help fellow students make informed higher education decisions

Free Academic Support

Still have questions about this degree?

Connect with our senior admission counsellors for personalized guidance on university selection, fees, and career paths.

Request Free Mentor Call Compare Top Online Universities

Related UGC-DEB Discussions

Browse by Academic Discipline

Management (MBA / BBA)IT & Software (MCA / BCA)Commerce (M.Com / B.Com)Arts & Humanities (MA / BA)All Q&A Discussions