Got an admit to Nanjing Medical University? Compare education loans from 12+ banks & NBFCs, rates from 8.6% (if simple interest is paid during the course; 9.6% otherwise), and see how much you can borrow, your EMI, and the X1 Student Visa (with JW202 form) proof you'll need.
₹20–35 L
Typical Loan
Free
Counsellor call
From 8.6%
(if simple interest is paid during the course; 9.6% otherwise)
Loan Snapshot
Why FundMyCampus
Up to high limits
₹20–35 L typical for China
Collateral-free
Unsecured options available
12+ lenders
Compare banks & NBFCs
Free counsellor call
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The Complete Guide
Nanjing Medical University is a university in China. For Indian students, a typical China programme costs ₹36–64 L for a 6-year MBBS in total, so most fund it with an education loan rather than paying out of pocket.
For China, Indian banks and NBFCs sanction loans of ₹20–35 L on average, with unsecured limits going significantly higher for strong academic and co-applicant profiles. Top lenders for Nanjing Medical University include SBI Global Ed-Vantage, Bank of Baroda Vidya, Avanse Financial each with different rates, processing times and university lists, which is why comparing offers matters.
FundMyCampus matches you to the right lender for Nanjing Medical University and handles the paperwork end-to-end, completely free for students. This guide covers how much you can borrow, the best banks, cost breakdowns, EMI estimates, and the X1 Student Visa (with JW202 form) financial proof you'll need.
Your Journey
From admit to disbursement, what FundMyCampus handles end-to-end.
Check eligibility
Free 2-min quiz tells you which banks will approve and at what rate.
Submit documents
Upload through our portal. We organise and stress-test before submission.
Sanction in days
Most China loans approved in 5–14 days. We chase the bank for you.
Disbursement
Bank wires fees directly to Nanjing Medical University. You focus on the move.
Lowest rate with collateral: 8.6% (PNB Udaan, if you pay simple interest during the course; 9.6% otherwise). Without collateral, NBFCs lend at about 10.5%.
SBI Global Ed-Vantage
Max: ₹1.5 Cr
9.15% to 10.15%
Lowest rates for China MBBS. Funds NMC-approved medical universities with collateral. Reliable for 6-year medical programs. 15–20 day processing.
Bank of Baroda Vidya
Max: ₹1.5 Cr
Rate on request
We'll get the current rate for you
Strong PSU choice for MBBS abroad. Competitive rates and good acceptance of NMC-listed Chinese medical universities.
Avanse Financial
Max: ₹40 L unsecured
Rate on request
We'll get the current rate for you
Most flexible NBFC for China MBBS, funds programs and family profiles that PSU banks decline. Quick processing for medical admits.
Auxilo Finserve
Max: ₹35 L unsecured
Rate on request
We'll get the current rate for you
Specialises in MBBS-abroad financing with digital, fast approvals. Good for smaller ticket sizes typical of China.
Tata Capital Education Loan
Max: ₹40 L unsecured
Rate on request
We'll get the current rate for you
Flexible NBFC option for medical and engineering programs in China. Considers expected post-FMGE earning potential.
ICICI Bank Education Loan
Max: ₹40 L unsecured
Rate on request
We'll get the current rate for you
Fast 7–14 day approval. Funds top-ranked NMC-approved Chinese universities. Best private bank option for engineering and select MBBS admits.
PNB Udaan
8.6% (if you pay simple interest during the course; 9.6% otherwise)
PNB Udaan standard, with collateral. Without collateral: rate on request. Rates confirmed by FundMyCampus with PNB.
China MBBS loans typically range ₹20–40 Lakhs, which sits at the threshold where collateral may or may not be required depending on the lender and university. PSU banks (SBI, Bank of Baroda) offer up to ₹7.5 Lakhs collateral-free under the standard model scheme. For the full ₹36–64 L MBBS cost they usually require collateral, residential property (LTV 75–85%), fixed deposits (LTV 90%), or LIC policies. NBFCs (Avanse, Auxilo, Tata Capital) are the more common route for China MBBS, offering unsecured loans up to ₹35–40 Lakhs based on the co-applicant's income and the university being on the NMC-approved list. The single biggest factor for approval is that your chosen medical university appears on the National Medical Commission's list of approved foreign institutions. Lenders verify this carefully because a degree from a non-approved university cannot lead to FMGE/NExT eligibility and Indian practice. FundMyCampus confirms NMC approval status before any loan application.
Use these China estimates to right-size your Nanjing Medical University loan, under-borrowing forces 18%+ personal loans abroad, over-borrowing wastes interest.
Tuition
Living
Travel
Misc + Books
Average Total Program Cost
₹36–64 L for a 6-year MBBS
Total for 6 years, including living costs.
| Program | Tuition | Living | Travel | Misc | Total |
|---|---|---|---|---|---|
| MBBS / MD (6 yrs incl. internship) | ₹15–30 L | ₹15–24 L | ₹3–5 L | ₹3–5 L | ₹36–64 L |
| Engineering Bachelor's (4 yrs) | ₹10–20 L | ₹10–16 L | ₹2–4 L | ₹2–3 L | ₹24–43 L |
| Master's (2–3 yrs) | ₹6–14 L | ₹6–12 L | ₹1.5–3 L | ₹1.5–2.5 L | ₹15–31 L |
| PhD (3–4 yrs, often funded) | ₹0–10 L (often scholarship) | ₹12–20 L (often stipend) | ₹2–4 L | ₹2–3 L | ₹6–25 L (with funding) |
Visa Essentials
What you need to prove for your China student visa to Nanjing Medical University
Year 1 fees
Tuition Proof
₹2.5–4 L
Living costs
Accepted
Loan sanction letter
3 key items
Requirements
Key Requirements
China issues the X1 Student Visa for programs longer than 180 days (which covers all MBBS and degree programs).
For the X1 visa, the Chinese consulate primarily wants to confirm you can support yourself: (1) the admission letter and JW202 form.
After arriving in China on the X1 visa, you must register with the local Public Security Bureau and convert to a Residence Permit within 30 days.
Requirement 1
China issues the X1 Student Visa for programs longer than 180 days (which covers all MBBS and degree programs). The key documents are the admission letter from your Chinese university and the JW202 form (Visa Application for Study in China), both issued by the university after you accept the offer. The financial proof requirement is comparatively light.
Requirement 2
For the X1 visa, the Chinese consulate primarily wants to confirm you can support yourself: (1) the admission letter and JW202 form. (2) proof of ability to pay tuition and living costs, typically the loan sanction letter from your Indian bank/NBFC on letterhead, stating the loan amount and disbursement schedule. (3) bank statements of the co-applicant for the last 3–6 months. There is usually no rigorous financial-grilling interview as with the USA. China's process is largely document-based.
Requirement 3
After arriving in China on the X1 visa, you must register with the local Public Security Bureau and convert to a Residence Permit within 30 days. This requires a medical examination. The loan sanction letter and proof of first-year tuition payment are the documents that matter most at both the visa and registration stages. FundMyCampus times loan disbursement so the first tuition tranche reaches the university before the JW202 and visa deadlines.
Indicative EMIs for a China education loan, 10-year repayment after the moratorium period.
₹20 L · 11% · 10 yrs
~₹27,600
Monthly EMI
₹30 L · 11.5% · 10 yrs
~₹42,200
Monthly EMI
₹35 L · 12% · 12 yrs
~₹46,000
Monthly EMI
₹55 L · 11% · 12 yrs
~₹68,900
Monthly EMI
₹45 L · 9% · 12 yrs
~₹51,200
Monthly EMI
₹60 L · 11.5% · 15 yrs
~₹70,100
Monthly EMI
After Graduation
What awaits Nanjing Medical University graduates post-study
Available
Post-study work
Yes
PR pathway
Strong
Salary growth
~25,000
Indian students to China a year
Highlights
For MBBS graduates, the post-study path is centred on India rather than China.
China itself does not offer a broad post-study work visa for foreign graduates.
For engineering and technology graduates, China's job market is largely Mandarin-dependent, so most Indian engineering graduates either return to India, move to a third country for a Master's, or join multinational firms with India/China operations.
For MBBS graduates, the post-study path is centred on India rather than China. After completing the 5–6 year program (including internship) at an NMC-approved Chinese university, Indian students must clear the FMGE (Foreign Medical Graduate Examination), which is being replaced by the NExT (National Exit Test). Clearing FMGE/NExT grants registration with the National Medical Commission and the right to practice medicine in India, after which graduates pursue internship, PG entrance (NEET-PG/NExT), and full careers as doctors. China-trained doctors who clear FMGE go on to the same career and earning trajectory as any Indian medical graduate.
China itself does not offer a broad post-study work visa for foreign graduates. Most MBBS students return to India to take the licensing exam and practice. A small number pursue residency or research roles in China or third countries, but the dominant pathway is India practice via FMGE/NExT.
For engineering and technology graduates, China's job market is largely Mandarin-dependent, so most Indian engineering graduates either return to India, move to a third country for a Master's, or join multinational firms with India/China operations. Because China loans are relatively small (₹20–40 L) and doctors' earnings in India are strong, repayment after clearing FMGE is generally comfortable. A key reason families choose the affordable China MBBS route over private medical seats in India that can cost ₹1 Crore+.
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Common questions Indian students ask about funding their studies at Nanjing Medical University
