Education Loan for MBBS
Up to ₹1 Crore for MBBS in India or abroad (Russia, Philippines, Georgia). Special moratorium for FMGE/NExT prep.
₹1 Crore
Max Loan
5.5 years
Duration
From 7.1%*
Interest Rate
₹20 LPA
Top Salary
* Lowest rate under PM Vidyalaxmi (top colleges, as per the QHEI list). Your rate depends on your college, lender and profile.
Course Cost
- Govt
- ₹20-80 K (AIIMS/JIPMER)
- Private
- ₹50 L - 1 Cr
- Abroad
- ₹25-45 L (Russia/Philippines)
Your options
Which loan fits you?
It starts with one question: is your college on the PM Vidyalaxmi list?
Your college is on the PM Vidyalaxmi list
Any course qualifies. Apply under PM Vidyalaxmi at the rate set for your college, between 7.1% and 8.85%.
Not on the list: bachelor's courses
- Loan up to ₹7.5 lakh: apply directly at a government bank. No collateral is needed. Up to ₹4 lakh you need no guarantor either, and above that the bank may ask for a third-party guarantee.
- Loan above ₹7.5 lakh:
- Government bank, against collateral.
- Private bank, if your co-applicant is salaried, or self-employed with strong income proof. You pay simple interest during the course and the full EMI after.
- NBFC, for other self-employed co-applicants. You pay the full EMI.
Why MBBS
Why students choose 🩺 MBBS
Doctors' demand
India needs 1+ million more doctors
Top govt seats free
AIIMS / JIPMER cost under ₹1 L
Abroad alternative
Russia/Philippines for ₹25-45 L
Lifelong stable career
Lowest default rate among loans
Specializations
Popular MBBS branches
General Medicine
Primary care, diagnostics, hospital practice.
₹6-15 LPA
Surgery
Surgical procedures across multiple specialties.
₹8-25 LPA
Pediatrics
Child healthcare, developmental medicine.
₹5-12 LPA
Cardiology
Heart conditions, cardiovascular surgery.
₹10-30 LPA
Radiology
Imaging diagnostics, interventional procedures.
₹8-25 LPA
Anesthesiology
Surgical anesthesia, critical care.
₹7-20 LPA
Top Colleges
Where students study MBBS
AIIMS Delhi
Top-ranked govt · ₹6,000 total fees
JIPMER Puducherry
Premier govt medical institute
CMC Vellore
Top deemed · Strong placements
Maulana Azad MC (Delhi)
Affordable govt seat in Delhi
KMC Manipal
Top deemed medical college
DY Patil Pune
Established private medical
SRM Medical (Chennai)
Strong clinical exposure
Russia (top medical unis)
NMC-approved · 6-year program
Philippines (UV, OLFU)
English-medium · US-pattern
Typical Loan Amounts
How much loan you'll need
₹5-15 L (govt)
Premier (IIT/NIT/BITS)
₹50 L - 1 Cr
Top Private
₹35-50 L
Tier-2 Colleges
₹25-50 L
Abroad
Career Prospects
What you can earn after MBBS
General Physician
₹6-15 LPA
Surgeon (post PG)
₹10-30 LPA
Cardiologist (post DM)
₹15-50 LPA
Hospital Consultant
₹8-25 LPA
Medical Researcher
₹6-20 LPA
Public Health Officer
₹5-12 LPA
Your Journey
How your MBBS loan works
From admission letter to fee payment, end-to-end.
Check eligibility
Free 2-min quiz tells you which banks will approve.
Submit documents
Upload through our portal, we stress-test before submission.
Sanction in days
Most MBBS loans approved in 7–15 days. We chase the bank.
Fees paid to college
Bank wires fees directly to your institute. You focus on studies.
The MBBS Loan Guide
Everything about Bachelor of Medicine, Bachelor of Surgery financing
MBBS is the highest-ticket education loan category in India. Private medical college fees routinely cross ₹80 Lakhs for the 5.5-year program, and abroad MBBS in countries like USA or UK can exceed ₹2 Crore. Yet medical loans have the lowest default rate of any education loan, doctors earn well and repay reliably, which is why lenders extend the largest tickets and longest tenures here.
MBBS Education Loan: FAQs
Common questions Indian students ask about MBBS loans