Education Loans
Medical Education Loans
Loans for MBBS, MD, MS, nursing and allied medical courses in India and abroad, including higher-cost programs.
Max loan amount
₹1.5 Crore
Interest from
9.5% p.a.
Tenure
Up to 15 years
Collateral
Usually secured for large amounts
Moratorium
Course period + 12 months
Best for:MBBS studentsPG medical aspirantsMBBS abroad
Key features
Why choose a medical loans with StudCred
Support for MBBS, MD and medical studies
Long-tenure loans
Repayment structured around lengthy medical courses.
Abroad MBBS
Financing for recognised overseas medical universities.
Living & exam cover
Includes hostel, equipment and licensing exam fees.
Tax benefits
Section 80E interest deduction applies.
Eligibility
- Admission to a recognised medical program
- Co-applicant with adequate income
- Collateral for higher loan amounts
Documents required
- NEET / entrance result
- Admission letter & fee schedule
- KYC & income proof of co-applicant
- Collateral documents (if applicable)
Enquire about this loan
Get matched to lenders offering medical loans.
FAQs
Medical Loans — FAQs
Can I fund MBBS abroad with an education loan?
Yes, many lenders finance MBBS at recognised overseas universities. Collateral is often required given the higher cost.
What is StudCred?
StudCred is a digital education-loan discovery platform. We help students and parents compare loan options from leading banks and NBFCs, check eligibility, calculate EMIs, and get matched to the right lender — for study in India and abroad.
Does StudCred charge students any fee?
No. StudCred's comparison and guidance is free for students. Lenders may charge their own processing fees, which are always disclosed upfront.
How much education loan can I get?
Loan amounts typically range from ₹50,000 up to ₹1.5 Crore depending on the course, institution, co-applicant profile and whether you offer collateral. Use our eligibility calculator for an indicative estimate.
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