REVA University understands that higher education is one of the most important investments families make for their children. To make fee payments more convenient and manageable, REVA University has partnered with GrayQuest to offer a flexible EMI payment option for parents.
Through this facility, parents can convert the academic fee into easy monthly instalments, helping them manage education expenses without arranging the entire fee amount upfront. Once approved, GrayQuest or its partner financial institution pays the full fee directly to REVA University, ensuring the student's admission and academic journey continue smoothly.
Parents select the EMI payment option during the fee payment process.
After approval, GrayQuest pays the full academic fee directly to REVA University.
Parents repay the amount through monthly instalments over the selected tenure.
Parents can choose from the following instalment options.
| EMI Option | Cost to Parent |
|---|---|
| 6 EMIs | 3.75% |
| 8 EMIs | 4.75% |
| 10 EMIs | 5.5% |
Upon approval of the EMI plan, the full fee is paid upfront to REVA University.
To help parents understand their monthly payment commitments, below is an EMI calculation illustration.
Example: If the total fee amount is ₹1,00,000
| EMI Tenure | ROI | Total Payable (INR) | Monthly EMI (INR) |
|---|---|---|---|
| 6 EMIs | 3.75% | 103750 | 17292 |
| 8 EMIs | 4.75% | 104750 | 13094 |
| 10 EMIs | 5.50% | 105500 | 10550 |
(Illustrative calculation for understanding purposes.)
To process the EMI application, parents may be required to submit the following documents.
It allows parents to convert academic fees into monthly instalments instead of paying the full amount upfront.
Once approved, GrayQuest or its partner financial institution pays the full fee directly to REVA University.
Yes. The entire application process is simple, quick, and digital.
Parents can choose 6, 8, or 10 EMI plans depending on their preference.
Yes. The EMI calculator during the EMI process helps parents estimate their monthly payments.
Contact Person: Rajeev Singh
Phone: +91-6361381413
Email: reva.support@grayquest.com
Disclaimer: The EMI facility is provided by GrayQuest and its partner financial institutions. REVA University only facilitates this option to help parents manage fee payments and is not responsible for loan approvals, terms, or repayment obligations. All financial agreements are between the parent/guardian and the financing partner.
