The Pay After Placement Agreement is a way to pay your Edso Services course fee.
PAP at Edso is an agreement between students and Edso Services under which you agree to pay a fixed monthly payment for 18 months or less.
The payment starts only once you earn a salary above the one lakh amount.
The threshold amount is the minimum salary you must earn before you start paying Edso Services your course fee.
If you do not get a job, you pay us nothing at all. Your education is free.
If you get a job from your references or any other services, you must still pay the payment once you complete this course.
Your Salary Range (CTC)
Monthly Playable Amount (PAP)
Tenure (In Months)
Total Payable fee (Including Taxes if applicable)
< 1LPA
0
NA
0
1-3 LPA
₹ 4167
12
50,000
3-6 LPA
₹ 8334
6
50,000
Frequently Asked Questions (FAQ)
What Is the PAP Agreement and How Does It Work?
The Pay After Placement Agreement is a way to pay your Edso Services course fee. PAP at Edso Services is an agreement between students and Edso Services under which you agree to pay a fixed monthly payment for 18 months or less. The payment starts only once you earn a salary above the threshold amount. The threshold amount is the minimum salary you have to earn before you start paying Edso Services your course fee.
If you do not get the promised outcome, a job that pays INR 1,00,000/- (CTC) or more, you pay us nothing at all. Your education is free.
Do I Need To Submit Any Document Post Getting a Job?
As per the Pay After Placement (PAP) agreement, you will be legally bound to furnish all the documents relevant to your income, such as your offer letter, salary slips, IT returns, bank statements, etc.
What Is the Interest Rate on My Pay After Placement (PAP) Payments?
PAP agreement is not a loan, so there is no interest on your payment.
What is CTC?
Ctc (cost to company) is defined as “your total salary (including variable pay), compensations, and gross income and including, but not limited to, benefits such as insurance, HRA, fitness/health benefits, other benefits and allowances including, but not limited to, house rent allowance, leave travel allowance, conveyance and travelling allowance, phone allowance, vehicle allowance and other allowances provided to you from employment or pursuant to self-employment”.
When Do My PAP Repayments Start and What if I Get Fired?
It will come into action once you get placed with at or more than 1 LPA CTC job after completion of the course. In the event, you lose your job because:
Your employer/company you were placed in stops its business.
Pay-cut is introduced by your employer/company you were placed in, across the company.
Lay-off by your employer/company you were placed in, due to economic hardship.
Your payments will automatically be paused after you’ve reported the change and produced the requisite supporting documents.
How Do I Pay My PAP Amount?
Students are required to pay the PAP amount basis their salary in equal monthly payments (equivalent to the course fee only) without any additional costs.
The monthly payment would start only after the course completion if you have successfully secured an offer letter of 1 LPA (CTC) or above.
Can I See a Copy of the PAP Agreement?
Yes, of course. As you go through our admission process, a copy of the same will be made available to you at the end.
What Happens if I Don’t Get an Offer for the Threshold Amount for My Course?
Edso Services team is always working to find you good placement opportunities. In the rare case that you don’t get a job of your threshold amount, your PAP payment will not start.
Please note, Edso Services does not have representatives, agents, or a sales team who collect upfront fees directly. All payments are routed through IFSC once you get a job of 1LPA or more.