The Pay After Placement Agreement is a way to pay your Masai course fee. PAP at Masai is an agreement between students and Masai under which you agree to pay a fixed monthly payment for 36 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 Masai your course fee.

If you do not get the promised outcome, a job that pays INR 5,00,000/- (CTC) or more, you pay us nothing at all. Your education is free.

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.

PAP Agreement is NOT a loan, so there is no interest on your payment.

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”

It will come into action once you get placed with at or more than 5 LPA CTC job after completion of the course.
In the event, you lose your job because

(i) your employer/company you were placed in stops its business,

(ii) pay-cut is introduced by your employer/ company you were placed in, across the company,

(iii) 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.

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, through Masai’s NBFC partners.

Upon clearing the Unit 1 evaluation, the student is required to complete this application with the respective NBFC partner.

Our assigned NBFC partner will approve a one time zero-interest capital, which you can pay monthly for a maximum 36 months. The monthly payment would start only after the course completion if you have successfully secured an offer letter of 5 LPA (CTC) or above, for our courses; and 10LPA(CTC) or more for the Level 2 Masai X. course.

Yes, of course. As you go through our admission process, a copy of the same will be made available to you at the end.

Masai 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.