University title given by UGC
Institute of Eminence (IoE)

Credentials given by NAAC

University – A Grade

Program Duration
24 Months

Program Start Date

Sep 1, 2020

Key Highlights

MBA Degree from the prestigious O.P. Jindal Global University (JGU), internationally ranked and nationally recognized as an ‘Institute of Eminence

Faculty from the renowned Jindal Global Business School and the Jindal School of Banking & Finance

Acquire the skills needed to jumpstart your career and make your candidature suitable for jobs of the future

Be a JGU alumnus and take advantage of continued engagement and networking with the world of academia, policy and industry

Future-oriented content suited for those working in or aspiring to work in finance across domains

Network with peers across banking, insurance, Fintech and financial services industries at Offline BaseCamps.

Take advantage of upGrad's 360° Career Support for job fairs, mock interviews etc.

Active mentoring and guided training with industry experts and practitioners

In tomorrow's world of finance success will come to those who can master and leverage fintech. The blended learning MBA in Digital Finance & Banking is your portal to that world of new opportunities.

Dr. Rajesh Chakrabati

Professor & Dean, Jindal Global Business School (JGBS)

Top Subjects You Will Learn

Artificial Intelligence in Business, Blockchain and Cryptocurrency, Managing Fintech Ecosystems, Financial Management and Valuation, Data Visualization in Finance, Digital Fraud and Risk Analytics, Design thinking & Leadership Essentials for Business

Job Opportunities

Make your professional candidature more attractive for existing and new jobs in the sectors of banking, financial services, insurance, Fintech and startups

Who Is This Program For?

This future-oriented MBA program is suitable for a working professional/business owner/entrepreneur and for job-market aspirants who are looking to work in companies and jobs of the future

Minimum Eligibility

A Bachelor's Degree with a minimum of 50% marks is required. One year of work experience is desirable but not mandatory. The following entrance exams would be considered for exemption based on scores and validity of the exam. Valid for 1 year - CAT; MAT; CMAT; ATMA; XAT; - 50 percentile and above. Valid for 5 years (2016 - 2020)- GRE; NMAT; GMAT. If you have not taken any of these exams, then you would need to take the Jindal Management Aptitude Test (JMAT).

Instructors

Learn from leading management faculty and industry leaders worldwide.

Syllabus

Best-in-class content by leading faculty and industry leaders in the form of videos, case studies and projects, assignments and live sessions.

 

Curriculum is subject to change basis validation from Faculty and industry experts*

  • Understand various factors influencing the choice of a communication style
  • Deliver ‘high-impact’ communication with ‘internal’ and ‘external’ stakeholders
  • Develop logical thinking, analytical skills, and skills of communication in writing
 
  • Appreciate the behavioral perspectives at individual, team, organization level that affect business performance
  • Understand the process that goes in developing people’s discretionary behavior and the ways employee engagement enhances
  • Apply critical organizational behavioral aspects to power and politics, conflict, culture, leadership, and change management
  • Learning to think like an economist. 
 
  • Understand datasets, describe them and learn how to focus on key attributes of various datasets
  • Understand concepts like sampling, probability, central limit theorem and their applications
  • Understand hypothesis testing and statistical inference for decision-making
  • Understand the array of emerging technologies that impact our personal and business life
  • Explore the mechanics and details of three important technologies – Fintech/Blockchain, Artificial Intelligence, and Internet of Things
  • Learn the current global and Indian regulations governing these emerging technologies
  • Relate real-world phenomenon with microeconomic theory and explain the outcome using appropriate model
  • Compare and contrast different market structures based on levels of competition
  • Identify profit maximizing strategies for each type of market
  • Analyze business operations using appropriate performance measures, such as flow time, throughput rate and capacity.
  • Identify inefficiency and ineffectiveness in business operations and propose adequate changes or redesigns to improve the process.
  • Understand the theory and implementations of quality control activities, demand forecasting and inventory management for different industries.
  • Students will learn how to analyze financial statements for decision-making
  • Income statement analysis, Balance sheet analysis and analysis of the statement of cash flows
  • Understanding how financial statements in a digital banking world are similar and also how they are different from traditional companies
  • Demonstrate an understanding of Artificial Intelligence and provide examples of applications across industry sectors
  • Develop an AI strategy and template for implementation AI solution for a specific function or business and understand the impact of AI in an organization and how culture plays an important role in the success of AI implementation
  • Articulate the ethical boundaries of AI and the prevailing laws, regulations, and approaches adopted by the Government of India and other key nations.
  • Understand the psychological, sociological, anthropological, and economic processes affecting consumer choices.
  • Understand how consumers think, feel, reason, and select between alternatives, so as to craft an appropriate marketing strategy.
  • Create awareness of how the consumer is influenced by his or her environment.
  • Apply the theories and frameworks covered in the course to critically analyze an organization and comprehend why some firms have superior performance levels
  • Analyze an organization from a strategic perspective and be able to see the big picture
  • Understand and appreciate the critical role of the implementation process post strategy formulation
  • Estimate the value of various types financial instruments – stocks, bonds, options, and capital projects; Make capital budgeting decisions
  • Discuss the capital structure theory and dividend policy of a firm
  • Describe the process, motives, and implications of mergers and acquisitions
  • Understand the evolving landscape of financial services and approaches undertaken by Governments globally including India
  • Understand the underlying technologies behind Digital Finance and current trends in Digital Finance from all over the globe
  • Identify the different products available in digital finance
  • Understand the basic concepts, functions and processes of human resource management in organisations
  • Understand and design various HRM processes such as recruitment, selection, training, development, performance appraisals, compensation plans and reward systems.
  • Understand and appreciate the role of HRM as a strategic partner
  • Develop simple models which can be used to make predictions with regard to the behaviour of macroeconomic variables such as output, inflation, interest rate, exchange rate and so on. 
  • Apply these models to understand and interpret current and past macroeconomic developments.
  • Appreciate and compare macroeconomic factors across countries and its application to cross-border business
  • Students will learn the foundations of regulatory theory, the history of financial institutions and the laws governing them, and consequently the legal and economic principles behind current regulatory policy; 
  • Knowledge of  bank regulation, markets, capital and liquidity requirements, 
  • Knowledge of issuer regulations, financial products, market structure, information intermediaries, and payment and settlement systems.
  • Understand the key processes and associated systems and technology used in banks and other financial institutions
  • Understand the management approaches and skills required to manage a financial systems and technology team
  • Understand the nuances and differences in systems across different type of financial institutions and learn trends in the advancement of technology and systems and its impact on financial processes
  • Recognize, and think critically about, marketing principles such designing, delivering, and communicating value for successful marketing management. 
  • Analyse the environment of a business using theoretical concepts to generate ideas and solutions for issues.
  • Undertake research and communicate ideas effectively in both written and verbal presentations in a range of settings and contexts.
  • Demonstrate what design thinking is both theoretically as well as its practical application while solving problems at contemporary organizations today.
  • Understand and experience the process of design thinking, through different stages of design thinking from Empathy, Problem Identification, Ideation, Prototyping and testing. 
  • Demonstrate how design thinking is improving innovation in organizations. Some broad aspects of this would be sources of innovation, process of innovation, commercialization and diffusion of innovation, intellectual property rights. 
  • Understand the vocabulary of consumer theory and rights in a variety of business laws and policy. 
  • Students will learn about the current conceptions and future challenges relating to the design of fintech regulation, financial products and supervisory measures
  • Understand how these measures are disrupting everything from the delivery of financial services and market intermediation to financial inclusion.
  • Understand the types, risks and nuances of various financial crime
  • Provide understanding on how institutions can protect themselves from such crimes
  • What regulators and the financial industry can do to mitigate such risks including data sharing, technology sharing and cooperation in fighting financial crimes.
  • Understand how businesses are embedded in society and emerge from society’s social and cultural structure; and further responds to it
  • Understand and appreciate the interplay of business, employment, and group identities, particularly identities of gender, caste, and religion.
  • Analyze how businesses sensitise themselves and cater to diversities of Indian population, both in their structure (hiring, organisation) and their goals (deliverables, aims, and ethos
 
 
  • Understand the role of creativity in value creation and diversifying revenue streams and how to be a holistic, inclusive, forward-thinking leader that can align teams to the larger goal and vision
  • Identify the social and environmental impact of our businesses and products/services on our customers
  • Utilize tech tools needed to create businesses from scratch, access markets, and scale
  • Students  will understand concepts like bounded rationality concept, prospect theory, efficient market hypothesis
  • Students will be introduced to the behavioral biases of individual and professional investors, anomalies in the markers emanating from behavioral biases of investors and managers and behavioral biases of portfolio managers
  • After the completion of  course students will be able to understand the challenges to the efficient market hypothesis, explain and predict the outcomes of key behavioral biases of investors, understand how individuals actually make financial decisions;  and develop a framework for improving financial decision making in themselves and  others.
  • Celaning, processing and preparing data in Tableau.
  • Pattern-recognition and exploratory data analysis
  • Data visualization, dashboarding with specific examples from digital finance and story-telling through data
  • Understand various conceptual perspectives on leadership
  • Describe and diagnose development stage of individuals and demonstrate appropriate leadership style to accommodate individual differences
  • Reflect on their own leadership capabilities, styles, and enhancement needs and ways
  • Analyze alternative theories of internationalization and impact of MNC activity on both home and host nations
  • Examine the strategies and structures of international business
  • Understand the global financial system and its impact on international business
  • Understand the different stakeholders in a FinTech ecosystem and their respective roles and aspirations
  • Understand the strategic imperatives of traditional institutions and their interplay with startups
  • Understand the managerial challenges from a customer acquisition & servicing, technology, product development, and regulatory perspectives and potential solutions for each
  • Understand how blockchain is applied in different sectors within Banking and Financial Services
  • Explore the domain of Cryptocurrencies from historical perspective to current usage
  • Understand the regulatory framework that governs cryptos across the world and Understand how and when to integrate blockchain and cryptocurrencies as part of your business strategy
  • Critically analyze business issues from different philosophical lens of ethical theories and their impact on ethical decision-making.
  • Analyse common management practices designed to facilitate and encourage ethical business.
  • Develop moral sensitivity and moral judgement for ethical dilemmas in management
  • Analyze and make sense of the BIG picture of an organization to achieve its strategic objectives
  • Formulate and learn from a robust business plan and learn the intricacies of running an organization via a business simulation tool 
  • Experience a real-life like business scenario which helps them become industry ready
  • Students will be able analysis of credit card, wire transfer and bank fraud
  • Students will have an understanding of cyberthreats and resolution of these threats and they will know regulatory solutions to digital fraud
  • Digital risk analytics for credit risk, operational risk, market and foreign exchange risk
  • Students will learn both legal and economic principles which will  help them understand the underlying principles that govern the regulation of financial systems and their safety and soundness.
  • The course will also provide an introduction to the design of regulatory bodies. 
  • Upon completion of the course, students will be able to understand and apply various principles of consumer protection, insolvency, monetary policy, and financial law to the design of regulatory policies and institutions.
100
Hours of Learning Content
0
Program Duration in Months
0
Hours of Live Learning Sessions per Week
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Assignments
0
Hours of Learning per week

Integrative Business Simulation- Capstone Project

Learn through real-life industry projects sponsored by top companies across industries

Get a first-hand experience of how the various functions of an organization work together

See, analyze and make sense of the BIG picture of an organization to achieve its strategic objectives

Formulate and learn from a robust business plan

Learn the intricacies of running an organization via a business simulation tool

Experience a real-life like business scenario which helps them become industry ready

The upGrad Advantage

  • Learning Support
  • Doubt Resolution
  • Networking

Industry Mentors

  • Receive unparalleled guidance from industry mentors, teaching assistants and graders
  • Receive one-on-one feedback on submissions and personalised feedback on improvement

Student Success Mentors

  • A dedicated Success Mentor is allocated to each student so as to ensure consistent progress
  • Success Mentors are your single point of contact for all your non-academic queries

Q&A Forum

  • Timely doubt resolution by peers and Teaching Assistants on the Q&A forum
  • Personalised feedback on assignments and case studies

Expert Feedback

  • Personalised expert feedback on assignments and projects
  • Regular live sessions by experts to clarify concept-related doubts

BaseCamp

  • Fun-packed, informative and career building workshops
  • Sessions by industry professionals and professors
  • Group activities with your peers and alumni

Industry Networking

  • Live sessions by experts on various industry topics
  • Group discussions
  • One-on-one discussions and feedback sessions with industry mentors

Careers

Career Counselling

Get personalised career pathing from industry experts to chart out the best opportunities based on your interests.

Process Involved:

  • Determine strengths and weaknesses of a student
  • Set goals for better employment results

Resume Feedback

Our experts will also help you understand the expectations of the industry so you can prepare your resume better.

Process Involved:

  • Evaluating your resume as a prospective employer
  • Determining areas that might require additional emphasis
  • Giving tips on best resume practices catering to job applications

Interview Preparation

These interviews are customised to the roles that you are applying for. Feedback is also provided at the end of the interviews.

Process Involved:

  • Giving detailed review of the interview
  • Identifying what you did well and ways to improve

Job Placement

Get an opportunity to interview for the most lucrative career opportunities with 300+ hiring companies partnered with upGrad.

Process Involved:

  • Connect with companies that are the best match for you
  • Be the first to know about vacancies to gain an edge in the application process

Tuition Fee

₹ 2,00,000 / year

No Cost EMI just at ₹ 13,750/- per month (Per Year’s fees)

A processing fee will be charged on the basis of payment method selected.

₹ 35,000 as a down payment has to be paid before the program begins.

JGBS Alumni work here

Frequently Asked Questions

Working professionals who aspire to work in the BFSI industry or who are already working in the industry, will find this program extremely beneficial. It will give those who already are in the industry a boost towards newer pastures with better career opportunities.

 

The program is also suitable for fresh graduates who are looking for a breakthrough in the BFSI sector and will have an added advantage of landing the job they dreamed about.

Yes, you need to meet the following criteria: Bachelor’s Degree with minimum 50% grades/marks. A minimum of 1 year of Full-Time Work Experience would be an added advantage.

Yes, as part of the admission process, there is an entrance exam.

If you have taken any of the the below exams, based on the below criteria you could be exempted from the National Level Entrance Exam.

  • CAT; MAT; CMAT; ATMA;(spacing) XAT; – Valid scores of last 1 year accepted
  • NMAT – Valid scores of last 5 years accepted
  • GMAT – Valid scores of last 5 years accepted
  • GRE – Valid scores of last 5 years accepted
  • Please note that supporting documents for the test exam scores will have to be provided at the time of admission for your candidature to remain valid.
  • If you haven’t attempted any of the above exams, you will be required to give the Jindal Global University – “Jindal Management Aptitude Test (JMAT)”, based on which your application would be reviewed for acceptance into to the program.

The admissions process is completely online. Following are the key steps in the application process:

  • Step 1 – You must apply for the MBA Program by Jindal Global Business School & Jindal Global Banking & Finance school on upGrad’s website. The application form will capture information related to your educational and professional experience.
  • Step 2 – Post application, you will be expected to take the Jindal Management Aptitude Test (JMAT) for the MBA program.
  • Step 3 – After the National Level Entrance Exam, the suitability of your profile will be evaluated by Jindal Global Business School & Jindal Global Banking & Finance school and upGrad’s Admissions Team. If approved, you will be shortlisted for the program.
  • Step 4 – Shortlisted candidates will receive an Admissions Offer Letter. Shortlisted candidates need to block their seat by paying the block amount.
  • Step 5 – Upon blocking your seat, the candidate needs to complete the payment of the full tuition fee by the mentioned deadline, and successfully submit the required documents.

Yes, you would be required to submit documents as part of the process.

 

  • The provisional offer of admission to the program is subject to submission of self-attested documents to validate the information given in the online application. These are to be submitted within 14 days of paying the block amount, or the notified last date of admission, whichever is earlier.
  • In case of discrepancies between the application and self-attested documents, the admission offer stands canceled.

The list of documents to be submitted are as below:

  • Graduation Degree Certificate
  • Graduation Marksheets
  • Scorecard of any of the following: CAT, MAT, CMAT, ATMA, XAT, NMAT, GRE, GMAT (Note: this is required only if the candidate is seeking admission into the MBA in Digital Finance & Banking program on the basis of their scores of any of these national-level entrance exams).

Post successful completion of this program, you will get a MBA degree in Digital Finance & Banking from O.P. Jindal Global University

You will need to spend ~15 hours per week to get optimum results and learning.

 

Overall, this program will have video content broken down into small easy-to-complete segments that you can watch on the go-across devices. The remaining hours of engagement will be a mix of industry projects, live instructor sessions, mentoring sessions and online and offline meetups.

You can learn this program from any city in India and abroad.

The curriculum is developed by the best Faculty Members from Jindal Global Business School & Jindal Global Banking & Finance School, with special inputs by industry experts, which makes it extremely relevant to working professionals. 

 

Along with it, our Support Services, Career Assistance, and Live Sessions make it a classroom experience, which no one else in the market can offer.

Our programs have a strong experiential component that will prepare you to apply your learning in the job.  Learn – Experience – Apply.  Case Studies and industry projects will help you to experience real-life challenges in Management. These will enable you to step into the shoes of leading roles in the BFSI industry and put to use the theoretical learning in an experiential manner.  Post this program, these will serve as a portfolio of projects you can illustrate to advance your career.

Every quarter, offline networking events called upGrad BaseCamps are conducted in major cities of Delhi, Mumbai, Bangalore, etc. 

 

These BaseCamps help you network with your peer group, learn from the best of industry experts. Alumni of all batches of the program are invited to these events, which help you make connections with your fellow participants, along with engagement in group projects, industry interaction and much more. 

  • A dedicated Student Mentor from upGrad will help you in all your non-academic queries. The mentor is available to guide you at every step if you have some problem with the platform or are finding difficulty in meeting deadlines etc. He/she is there with you and available on WhatsApp, email, and the upGrad platform.
  • Extensive academic support through the Discussion Forum, weekly TA-Sessions. Just like in a university, your batchmates will help you with any academic queries. This will happen via the Discussion Forum.
  • Other than your peers, you also have TAs (Teaching Associates) for any academic query. Your academic queries will be solved by the Faculty and TAs in 36-48 hours, via the Discussion Forum.

Following are the career preparations & mentoring services provided by upGrad:

  • Resume review: Obtain specific, personalized inputs on your resume structure and content.
  • Build LinkedIn Profile: Build your LinkedIn Profile, in order to attract potential recruiters
  • Personalized Industry Mentorship: Get mentored on the career front by an experienced Legal Professional
  • Career Mentor: A dedicated career mentor to monitor & guide you on your career transition journey
  • Mock Interviews & Just-In-Time-Interviews: Get company and role-specific preparation with mock interviews right before your actual interviews
  • Company Specific Preparation: Get company specific guidance to ensure you’re interview-ready for the company of your choice.

Following are the career opportunities  services provided by upGrad:

  • upGrad Job Fairs: Regular hiring drives in major cities across India, giving you the opportunity to interview with upGrad’s hiring partners.
  • Job Opportunities Portal: Gain exclusive access to upGrad’s job openings each quarter.
  • Continued Career Support: Access our continued career support, even after completion of the program.

The program duration is for a 24 months (2 years) and the fee structure is outlined below.

 

Year 1 (2020-2021) – Admission Timelines:

 

  • Block Amount of INR 35,000 to be paid within 2 days of receiving this offer letter or the notified last date of admission whichever is earlier.
  • Learners opting for self-payment modes will need to pay the remainder of the 1st year tuition fees of INR 1,65,000/- (rupees one lac sixty-five thousand), within 7 days of block amount payment, or the notified last date of admission, whichever is earlier.
  • Learners opting for loan facilities will need to apply for the remainder of the Year 1 tuition fees (i.e  INR 1.65 Lac) within 7 days of the block amount, or the last notified date of admission, whichever is earlier.

 

Year 2 (2021-2022) – Admission Timelines:

 

  • Learners would be required to pay Year 2 fees of INR 2 lacs, 15 days prior to the start of classes of  Year 2.
  • Towards the end of Year 1 you will receive communication regarding specific deadlines for Year 2 fee payments.
  • You may choose to pay your Year 2 fees via any of the payment options available.

 

Fees Structure (INR)

Head (A)Amount (INR) Year 1Amount (INR) Year 2
Block Amount35,0000
Balance Amount1,65,0002,00,000
Tuition Fees2,00,0002,00,000

Total Tuition Fee (Year 1 + Year 2) Amount (INR) 4,00,000/-

Yes, now you can pay the tuition fees with ‘No Cost EMI’ option. We also have other EMI options, for paying as per your convenience.

 

In order to facilitate the learners to pay the tuition fees in equal monthly installments we have tied up with various loan providers.

 

Please refer to the Tuition Fee section on this webpage for more details.

Refund Policy: (Programs without prep-session component)

  • The timelines for the refund application would be calculated from the formally notified last date of admission.

 

  • You can request for a refund for the program, as per the guidelines given in the below table:

 

Sr. No.Point of time when notice of withdrawal of admission is served to the UniversityPercentage of Refund 
1.Before the formally notified last date of admissions100%*
2.Less than 15 days after the formally-notified last date of admission80% 
3.More than 15 days but less than 30 days after formally-notified last date of admission50%
4.More than 30 days after the formally notified last date of admission00%

 

 *Subject to a deduction of INR 5000/- towards processing charges from the refundable amount

 

  • Learners need to request for a refund by applying on www.upgrad.com and completing the entire refund application process within the deadlines communicated in the above table

 

  • The quantum of refund applicable will be based on the slabs communicated in the above table and the date on which the fully completed application was received

 

  • In the event a learner has opted for loan facilities, the learner will need to upfront pay the percentage of total tuition fee that the University is eligible to retain, post which the loan will be cancelled and any EMI deducted, refunded.

 

  • Please note that:
    • The percentage of tuition fee to be deducted by the University will be determined by the above table.
    • Any EMI already deducted, will be refunded by the loan partner post deduction of 1% of the loan amount

 

  • Refund shall be processed to an eligible Learner within 15 working days from the date of receipt of the duly completed refund form from him/her in this regard.

Deferral Policy: (Post Program Commencement)

  • If a Learner is facing severe issues in dedicating time to the program, we provide the opportunity for the Learner to defer to another cohort.

 

  • A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the cohort start date of the initial cohort the Learner had enrolled for.

 

  • The Learner will be required to pay a deferral fees of INR 30,000 along with the differential tution fees between the two cohorts

 

  • The deferral request will be approved once the deferral fee is paid.

 

  • Till this is completed, the Learner will be assumed to be continuing in the same cohort.

 

  • The Learner has 7 days (including holidays and weekends) from the date of deferral request to make the payment of the deferral fee, post which the deferral request will expire and the Learner will continue as part of the current cohort.

 

  • If the Learner completes the deferral payment, the Learner’s login will be disabled, the Learner will leave the deferred cohort and the Learner will start learning on the new cohort from the point of the last assignment that was graded in the deferred cohort. All grades and progress till that point will be carried forward as it is to the new cohort. For clarification, the grades of the graded assignments will be carried forward, whether or not the Learner had submitted these for grading during the initial stage.

 

  • The deferral can only be requested during the cohort for which the Learner has enrolled is ongoing. Once the cohort has completed, deferral requests shall not be entertained. For clarification, the cohort completion here shall mean the “last grace deadline” as communicated by upGrad.

Deferral Policy: (Pre Program Commencement)

  • If a Learner, due to unavoidable circumstances is unable to commence with the cohort and requests for a deferral before the cohort starts, we provide the opportunity for the Learner to defer to another cohort.

 

  • The Learner must request for a pre-program deferral before the cohort start date by dropping an email request to either his/her Admission Counsellor or Student Mentor. However, the Learner will be required to pay 50% of the total tution fee amount (inclusive of taxes) before the deferral can be approved. Till this is completed, the Learner will be assumed to be continuing in the same cohort.

 

  • The Learner has time till the current cohort launch date to make the payment of the 50% tution fee, post which the deferral request will expire. Once the deferral window expires and the Learner now asks for a refund, the above-mentioned applicable refund policy will apply.

 

  • Once the deferral request has been accepted and processed, the Learner must ensure to make the payment of the remainder of the 50% tution fee within 30 days of the deferral request being accepted or the cohort start date of the deferred cohort, whichever is earlier

 

  • A Learner can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the cohort start date of the initial cohort the Learner had enrolled for.

 

  • The fee applicable to the deferred Learner will be as per prevailing fee for the cohort Learner has opted to defer to (No additional deferral fee is required to be paid).

No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank,Yes Bank) 

If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI. 

Certain banks charge nominal processing fees between INR 99 – 500 on 0% Credit Card EMI transaction. If charged will be billed in the first repayment instalment. 

Only the Indian bank Credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank. 

Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter. 

You can pay the amount using the Credit card option in one shot / part payments and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

Your bank will charge you interest. However this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI.The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad. 

 

Eg. Amount payable to upGrad: INR 405000 

Lets say Amount deducted at the time of transaction: INR 379850 (Principal amount) 

Bank charges interest of 12-15% per annum on INR 379850 

[Note: Interest factor is reducing rate and not Flat rate] 

EMI AMOUNT = INR 33750 x 12 = INR 405000 

effectively , you have taken loan on 379,850 instead of 405,000