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  • Highlights

  • Indian education is competitive with lakhs vying for seats

  • Students prepare for exams via apps and coaching centres

  • Fees for JEE, NEET often range from Rs.30,000 to Rs.80,000

  • Get EMI financing of up to Rs. 1.5 lakh to educate your child

When it comes to the Indian education system, each step is rife with competition. Seats at renowned institutes are heavily sought after by lakhs of students across the country. For example, data shows that around 15.19 lakh students registered for the National Eligibility Cum Entrance Test UG or NEET UG in 2019. This record figure was 14.4% higher than 2018’s tally. When coupled with the 9.29 lakh students who registered for JEE Main’s Paper 1 (for B.E/ B.Tech admissions), you have a total of over 24 lakh pupils vying to clear two of India’s premier medicine and engineering entrance exams.

In order to be on the top, students frequently enrol for classes at tuition centres like the ALLEN Career Institute in Kota or subscribe for e-learning plans through apps like Toppr and BYJU’s. Irrespective of the coaching plan your child opts for, financing it can be difficult as you often need to pay around Rs.30,000 to Rs.50,000 as lump sum tuition fees. However, today, you can get Educational and Professional Courses on easy EMI plan through the Bajaj Finserv EMI Network.

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Here, you can divide your child’s tuition fees into easy-to-manage instalments, starting at Rs.1,999, and repay your loan over a tenor of 9 to 24 months. Simply make use of your EMI Network Card or apply for paper financing and get access to funding from Rs. 50,000 to Rs.1.5 lakh.
Now that you know how to secure your child’s future without worrying about the immediate cost, take a look at the different options your son or daughter can avail.

Study from the comfort of home with an e-learning app

Online learning apps have revolutionised the way students prepare for exams.

For example, Bjyu’s offers a NEET and JEE preparation package for classes 11 and 12 starting at Rs.75,000. You get video lectures in physics, chemistry, math and biology, visualisations for learning, chapter-wise tests, tips and tricks and help from an online teacher at an extra cost.

Similar offerings are available via apps like Toppr, Extramarks and Vedantu. From KG to standard 12 coaching, crash courses, and mock tests to 1-on-1 classes and practice goals, e-learning apps provide holistic entrance exam preparation solutions starting from around Rs.40,000 onwards.

Enrol for classroom coaching at a reputed coaching centre

Your child may prefer to go the regular route and apply for a seat at a coaching class. 9 out of the top 10 students who cleared AIIMS and 8 out of the top 10 who cleared NEET (UG) studied at the ALLEN institute in Kota. Fees for JEE Mains and AIEEE courses can range from around Rs.65,000 to Rs.80,000.

Reputed coaching centres are not limited to a particular location. For example, there are over 65,500 Aakash classrooms spread across 29 states and union territories in India. Your child can prepare for medical and engineering exams by learning at reputed coaching centres like Vidyamandir, Resonance, and the Rao IIT Academy.

Register for a professional course and learn market-relevant skills

While clearing entrance exams is one part of your child’s education path, honing job-oriented skills is another. Institutes like Aptech and ICA prepare you for the professional world by offering courses ranging from .NET and Java programming to Android App development and accounting with GST. These courses are available for both 10+2 students and graduates as well.

Having seen how you can finance your child’s education through simple EMIs, apply right away to get access to outstanding coaching material and facilities. Check your pre-approved offer from Bajaj Finserv to expedite EMI financing. A single-step verification gives you instant approval through a customised deal and allows your child to pursue academic excellence without compromise.

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