Loan Terms and Conditions
Terms applicable to education loans availed for JAIN Online programmes.
1. Interest Liability:
The loan interest will be borne by the University*
2. Loan Approval:
The approval or rejection of a loan application is at the sole discretion of the respective loan provider.
3. Delayed or Non-Payment:
In case of non-payment or delay in repayment, applicable charges or penalties, if any, will be levied directly by the loan provider from the applicant.
4. Loan Cancellation:
In case of loan cancellation, any applicable charges, *interests will be levied and collected directly by the loan provider from the applicant and also UGC/University policy will be applicable on Registration Fees, Program fees, and Examination fees.
5. Loan Governance:
All terms and conditions related to the loan are governed by the respective loan providers. The university has no role or responsibility in these matters. If required, applicants are advised to check the details directly with the respective loan providers.
6. Refund & Cancellation Policy:
Please refer to https://onlinejain.com/refund-policy for the refund policy of the University.