Mist has partnered with leading Payment Solutions Razorpay, a comprehensive suite of payment solutions that simplifies fee payments for Indian International Students across the globe! Revolutionising the means of paying through a 100% digital solution that's available 24/7.
Mist offers seamless transactions globally so you can pay your tuition fees on time, stress free. Thanks to the LRS (Liberalised Remittance Scheme), all Indian residents can avail the foreign exchange facility to be able to pay for their studies abroad (freely remitting up to USD 2,50,000 per financial year [April - March]).
This Critical Information Summary contains some important information regarding how to use Razorpay through the Mist app to pay for your tuition fees.
| Questions | Answers |
| Is it mandatory for resident individuals to have Permanent Account Number (PAN) for sending outward remittances under the Scheme? |
Yes, it is mandatory for the resident individual to provide his/her Permanent Account Number (PAN) for all transactions under LRS made through Authorized Person. |
| Can remittances be made only in US Dollars? | he remittances can be made in any freely convertible foreign currency. |
How paying your university fees works through Mist!
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