Free Fee Management Software — No Hidden Charges
PayMyFees is a genuinely free fee management software for schools, colleges, coaching institutes and private tutors in India. There is no setup fee, no monthly subscription, no annual charge and no per-student fee. You pay only 1.99% per successful online transaction — and that includes the payment gateway charge. Start collecting fees online today at zero upfront cost.
What "Free" Actually Means at PayMyFees
Many software companies advertise a "free plan" that locks the most useful features behind a paywall. PayMyFees is different. Our Free Plan is not a trial or a watered-down version — it includes every core feature you need to collect fees online, manage students and generate reports.
The only charge you ever pay is a platform fee of 1.99% per successful transaction — which covers the payment gateway cost as well. There is no minimum monthly usage fee, no per-student charge, no SMS charge and no setup fee. If you collect ₹0 in a month, you pay ₹0.
Free Plan at a Glance
- One-time Setup Fee: ₹0
- Monthly / Annual Subscription: ₹0
- Per-student Fee: ₹0
- Unlimited Students: Included
- Unlimited Fee Structures: Included
- Online Payment Gateway: Included
- SMS & Email Alerts: Included
- Digital Receipts: Included
- Basic Reports: Included
- Platform Fee: 1.99% per transaction
Full-Featured Free Software — Not a Stripped-Down Trial
With PayMyFees Free Plan you get a complete fee management system that competing software charges ₹12,000 to ₹50,000 per year for. Collect fees online via UPI, credit/debit cards, net banking and mobile wallets. Create unlimited courses, fee heads and fee structures. Add unlimited students. Send automated SMS and email reminders when a fee is due or overdue. Generate digital payment receipts automatically.
The student payment portal is fully branded with your institute's logo and colours — parents see your identity, not a generic screen. You get real-time reports on fees collected, pending dues and defaulters, downloadable as PDFs.
Why Do We Offer Free Fee Management Software?
We built PayMyFees to democratise digital fee collection for educational institutes across India — not just the large, well-funded ones. Many small schools, coaching centres and private tutors cannot justify a ₹20,000/year software subscription when they collect modest fee volumes. By charging only a small percentage on successful transactions, we make money only when you make money. If you don't collect, we don't charge. It's that simple.
This model has allowed over 900 institutes — from single-room tuition centres in small towns to multi-branch academies in metro cities — to go digital without any financial risk.
Everything Included in the Free Plan
PayMyFees Free Plan gives you the complete fee management toolkit at zero cost.
Online Fee Collection
Accept fees online via UPI, RuPay, Visa, Mastercard, Amex, net banking of 58+ banks, mobile wallets and IMPS. Works 24×7×365.
Unlimited Students
Add or import as many students as your institute has. No per-student charge, ever. Import from Excel or CSV in bulk.
Unlimited Fee Structures
Create fee structures for every course, class, batch and term. Mix one-time and recurring components in the same structure.
Automated SMS & Email Reminders
The system automatically notifies students and parents when a fee is due or overdue — no manual follow-up needed from your staff.
Digital Payment Receipts
Every successful payment triggers an instant digital receipt sent to the student/parent by email. No receipt books needed.
Reports & Defaulter Tracking
See real-time summaries of fees collected, pending dues and defaulters. Download reports as PDFs for your accounts team.
Free to Start. Scales with You.
900+ institutes across India collect fees for free on PayMyFees. Join them today — no credit card, no commitment, no catch.
Institutes
Students
Transactions
Setup Cost
Ready to try India's best free fee management software?
Sign up takes less than 2 minutes. No credit card required. Our team activates your payment gateway within one business hour after you upload your KYC documents.
Start Free TodayFrequently Asked Questions
Here's what you need to know about PayMyFees, based on the questions we get asked the most.
We follow a 'T + 2' settlement cycle, meaning the payment will be settled into your bank account in 2 working days from the successful transaction date. This is the same bank account details of which were provided in your KYC documents.
Generally an identity proof with photograph and an address proof are the two basic mandatory KYC documents that are required to establish one's identity.
For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature).
The objective of KYC guidelines is to prevent businesses from being used by criminal elements for money laundering activities. It also enables businesses to understand their customers, their financial dealings so as to serve them better and manage its risks prudently.
For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature). If someone does not upload the KYC documents, settlements to the partner Institute will not happen & shall be withheld. To start settlements to your bank account, we need your bank account details & your PAN details.
Students can be added one-by-one or imported from an Excel file. Format of the Excel file can be found in the panel itself.
Unlimited. There is no limit on the number of students you can add or import.
Students will receive an SMS with their login details on their mobile phones immediately after their account is created in the system - either when you import student details in to the system or when you create their account individually.
Unlimited. There is no limit on the number of Courses, Programs or Batches you can create.
No. You can copy the fees structure & rename it as per your needs. You can also modify, add or remove fee heads if needed in the copied fees structure.
PayMyFee supports & accepts payments from all major Credit & Debit Cards (VISA, MasterCard, RuPay, AMEX, Diners), Internet Banking (All major Indian Banks), Mobile Wallets (Paytm, Mobikwik, JioMoney, etc.), UPI & Prepaid Cards. PayMyFee also supports acceptance of International payments.
From the PayMyFees Blog
Some quick reads from our official blog. Handpicked for you.
GST on School Fees in 2026: What Every Admin Must Know
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Why Teachers Shouldn't Fix Fee Portals: A Smarter Way
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