- +91-9602880219, +91-8104464971, +91-78520716531
- info@regexsoftware.com
Menu
With the REGex Software Services – Income Share Agreement ( ISA ) a student can enroll and complete the course by paying nothing and get placed in a top Tech Giant company, but agrees to pay back 50% of the monthly income for 1st Month and 15% of the monthly income for next 11 Months. This is a program in which student have to pay for 1 year ( (1 + 11) Month ).
Students will not be stressed due to pressure of down payment in the starting of course and They can learn efficiently and perform better.
This way students can learn effectively without any pressure of down payment in the starting.
REGex Software does not take any kind of amount until your package will be at least ₹5 Lakh CTC. There’s no down payment.
This Agreement( ISA ) is only valid when you make at least ₹5 Lakh CTC within 1 year of completion of this training.
Your fees and tenure is decided on the basis of the first job with min guaranteed CTC.
Average Income | Monthly Income | 1st Month Payment | 10% – Monthly Payment | Duration | Total Payment |
|---|---|---|---|---|---|
< 5 LPA | N/A | 0 | 0 | 0 | 0 |
5 LPA | 41,667 | 41,667 | 4,167 | 1 Year | 87,501 |
6 LPA | 50,000 | 50,000 | 5,000 | 1 Year | 1,05,000 |
8 LPA | 66,667 | 66,667 | 6,667 | 1 Year | 1,40,001 |
10 LPA | 83,333 | 83,333 | 8,333 | 1 Year | 1,74,999 |
12 LPA | 1,00,000 | 1,00,000 | 10,000 | 11 Months | 2,00,000 |
15 LPA | 1,25,000 | 1,25,000 | 12,500 | 7 Months | 2,00,000 |
20 LPA | 1,66,667 | 1,66,667 | 16,667 | 3 Months | 2,00,000 |
We will pause your EMI if you are fired or you left your job within the first 3 month of joining and when you will get a new job then your EMI will be continued. If you have completed the first 3 month of joining with a minimum mentioned CTC then you are liable to pay the entire amount and this will not depend on your job status after that.
You’ll pay 50% of your 1st Month Salary and 15% share of your income for next 11
months
Your Agreement will expire if you will not get a job with Min 5 Lakh CTC with 1 year of course completion and in that case you are not liable to pay anything to us
The ISA is capped. You’ll never pay more than ₹2 Lakh. Its not Dependent on your Salary. Maximum total shared amount would be ₹2 Lakh Only
You can choose to pay ₹1.5 Lakh upfront for REGex Software instead of going for ISA
REGex is going to invest in your learning. REGex Software only makes money if you get your job in a given time, and if not then we make nothing. You will become free from EMI when you will complete the EMI Period or reach the maximum limit
An ISA is a way to pay your REGex Tuition Fee. REGex ISA is a contract under which you agree to pay 50% of your 1st Month Salary and 15% share of your income for the next 11 months, but only once you’re making more than the ISA threshold salary level then ISA is capped at a maximum repayment of ₹2 Lakhs (Including 18% GST), so you won’t pay more than ₹2 Lakhs under any circumstances.
This is our way of investing in you. We Select, We Make, We Believe that students will be successful, and cover your tuition Fee until you’re in a financial position to pay us back.
REGex Software fee is ₹1.5 Lakhs (Including 18% GST). If you do not land a high paying job, you don’t have to pay anything to REGex Software. If you get a high-paying job, the most you will pay is ₹2 Lakhs (Including 18% GST). After you reach the payment or complete your 12 monthly payment, you are free of obligation under the ISA. Below is a chart illustrating the total amount you will pay under the ISA payment option in various earning scenarios.
Average Income | Monthly Income | 1st Month Payment | 10% – Monthly Payment | Duration | Total Payment |
|---|---|---|---|---|---|
< 5 LPA | N/A | 0 | 0 | 0 | 0 |
5 LPA | 41,667 | 41,667 | 4,167 | 1 Year | 87,501 |
6 LPA | 50,000 | 50,000 | 5,000 | 1 Year | 1,05,000 |
8 LPA | 66,667 | 66,667 | 6,667 | 1 Year | 1,40,001 |
10 LPA | 83,333 | 83,333 | 8,333 | 1 Year | 1,74,999 |
12 LPA | 1,00,000 | 1,00,000 | 10,000 | 11 Months | 2,00,000 |
15 LPA | 1,25,000 | 1,25,000 | 12,500 | 7 Months | 2,00,000 |
20 LPA | 1,66,667 | 1,66,667 | 16,667 | 3 Months | 2,00,000 |
Yes, of course. As you go through our admission process, a copy of the same will be made available to you at the end.
REGex Software does not take any kind of amount until your package will be at least ₹5 Lakh CTC. Your fees and tenure is decided on the basis of the first job with min guaranteed CTC. We will pause your EMI if you are fired or you left your job within the first 3 month of joining and when you will get a new job then your EMI will be continued. If you have completed the first 3 month of joining with a minimum mentioned CTC then you are liable to pay the entire amount and this will not depend on your job status after that.
ISAs are not loans so they have no interest.
As per the ISA, you will be legally bound to furnish all the documents relevant to your Income such as Offer Letter, Salary Slips, Income Tax
Returns, Bank Statements etc.
Yes, as we are going to invest in your learning we will need a security collateral from your end to cover any risks. For this purpose, you will have to give us 2 undated Bank Account Cheques of ₹50,000 each from your account. We won’t encash it but we will have the right to use this cheque in case of any breach of Income share agreement or course fees agreement from your end.
ISA Breach Recovery Cheque Rs. 50,000 x 2 cheques from students account to submit along with their ISA. This cheque is in the name of our company. This cheque does not have any date written on it. These cheques will be returned after the ISA period. This cheque will be executed only in the case a student breaches the ISA or course fees agreement.