Education Loan to Study MBBS in the UK
*T&C Apply. Subject to restrictions under the Income Tax Act,
1961 and Budget 2025.
*T&C Apply. Subject to restrictions under the Income Tax Act,
1961 and Budget 2025.
Becoming a doctor in the UK is a goal worth pursuing, and education loan abroad makes it possible. From tuition fees to accommodation and study materials, these loans support your entire academic journey. The UK offers medical universities like King’s College London, University of Edinburgh, and University of Manchester, known for their research-driven programmes and clinical training. Coupled with state-of-the-art facilities and a strong emphasis on practical learning, studying medicine in the UK prepares you for a successful global medical career while the education loan helps you focus fully on your studies without financial worries.
Why Pursue an MBBS in the UK?
Studying MBBS in the UK offers a structured pathway into medicine with globally recognised qualifications. The UK's medical education system is renowned for its rigorous training and comprehensive curriculum, ensuring graduates are well-prepared for clinical practice. Institutions like the University of Oxford and University College London provide early clinical exposure and advanced research facilities. According to the National Health Service (NHS), general practitioners in the UK earn between £68,975 and £104,085 annually, depending on experience and location. Additionally, cardiologists can expect to earn between £59,175 and £95,400 per year. These competitive salaries, combined with the UK's high standard of living, make it an attractive destination for aspiring medical professionals.
List of Medical Universities in the UK
| Sr. No. | University | Highlights & Notes |
|---|---|---|
| 1 | University of Oxford | Offers strong research and teaching in medicine; well-regarded for medical sciences and clinical training. |
| 2 | University of Cambridge | Known for research excellence and early clinical exposure within its medical programme. |
| 3 | University College London (UCL) | Focuses on biomedical research with integrated teaching hospitals providing extensive hands-on learning. |
| 4 | Imperial College London | Leading in medical research and technology, offering diverse clinical placement opportunities. |
| 5 | King’s College London | One of the largest medical faculties in the UK with strong emphasis on research and clinical practice. |
| 6 | The University of Edinburgh | Comprehensive medical curriculum with a focus on global health and advanced research initiatives. |
| 7 | University of Glasgow | Structured MBBS programme with early clinical skills and strong research background. |
Source: https://www.idp.com/india/study-in-uk/mbbs/
Note: The above university information has been sourced from official university websites and Wikipedia as of September 2025.
Cost of Studying MBBS in the UK
| Expense Type / Duration | Approx. Cost (GBP) | Approx. Cost (INR) |
|---|---|---|
| IELTS Exam Fee | £142.48 | ₹14,960 |
| NEET Exam Fee | £142.49 | ₹14,961 |
| Application Fee | £56.66 – £85.49 | ₹5,949 – ₹8,976 |
| Visa Application Fee | £330.51 | ₹34,703 |
| Annual Tuition Fees | £22,800 – £52,000 | ₹23,94,000 – ₹54,60,000 |
| Living Expenses (London) | ~£1,334 per month | ~₹1,40,000/month |
| Living Expenses (Outside London) | ~£1,023 per month | ~₹1,07,000/month |
Note: Conversion based on ~₹118/£1 on 4 September 2025; actual amounts may vary based on live exchange rates.
MBBS Without NEET
Some UK universities accept alternative entrance exams like BMAT, UKCAT, or GAMSAT. However, NEET is strongly recommended for Indian students planning to practice medicine in India after graduation.
Career Opportunities After an MBBS in the UK
An MBBS degree from the UK can open opportunities across multiple industries. Graduates often pursue roles such as:
| Role | Average Salary (GBP) | Average Salary (INR) | Key Responsibilities |
|---|---|---|---|
| General Practitioner | £138,000+ | ₹1,44,90,000 | Provide primary healthcare, diagnose illnesses, manage chronic cases, and refer to specialists. |
| Gynecologist/Obstetrician | £197,000+ | ₹2,06,85,000 | Manage pregnancy, childbirth, reproductive health, and related surgeries. |
| Cardiologist | £276,000+ | ₹2,89,80,000 | Treat cardiovascular diseases, perform interventions, and monitor cardiac health. |
| Neurologist | £214,000+ | ₹2,24,70,000 | Diagnose and treat brain, spinal cord, and nervous system disorders. |
| Ophthalmologist | £156,000+ | ₹1,63,80,000 | Diagnose and treat eye disorders, perform surgeries, and manage vision care. |
Source: https://www.idp.com/india/study-in-uk/mbbs/
Types of Education Loans for MBBS Students Abroad
Broadly, there are two types of education loans:
- Secured Education Loan: A secured education loan is backed by collateral, such as residential property, fixed deposits, or insurance policies. This collateral will serve as a guarantee for the lender in case the borrower defaults.
- Unsecured Education Loan: An unsecured education loan is a type of student loan that does not require any collateral or security. Approval is based on the borrower’s financial profile.
Eligibility Criteria for an Education Loan in the UK
To qualify for a student loan in the UK, here are the eligibility criteria:
- Applicant Age: 16 years or above
- Co-Applicant: Generally required can be a parent, spouse, or guardian
- Eligible Students: Those enrolling in bachelor’s or master’s programmes
- Approved Courses: Academic or professional programmes (MBA, MS, MBBS, etc.)
- Recognised Institutions: Universities and colleges accredited in the UK
Documents Required for an Education Loan for MBBS Oversees
To apply for an education loan, here’s a checklist of documents you’ll need. Requirements vary slightly based on your co-applicant’s income type.
| Document Type | Details |
|---|---|
| A. Application Form | Completed original or digital loan application form |
| B. KYC Documents | PAN Card or Form 60 (mandatory if PAN is mentioned) ONE valid ID & address proof: Passport / Driving License / Voter ID / Aadhaar / NREGA Job Card / NPR Letter |
| C. Student Education Documents | 12th Marksheet (not needed for UG applicants in 12th or Exec PG) Latest semester/year marksheet or transcript Admission proof (Admission Letter / I-20) |
| D. Co-Applicant Financials | |
| → Salaried | Last 6 months' salary account bank statements 1 recent salary slip/certificate |
| → Self-Employed (Non-Proprietor) | Last 6 months Current & Savings A/c bank statements Last 2 years ITRs (online acceptable) 44AD: income statement only Tax audit: CA attestation required Optional: Qualification proof, GST/Shop Act/Aadhaar Udyog |
| → Proprietor | Last 6 months Current & Savings A/c bank statements Last 2 years ITRs 44AD: income statement only Tax audit: CA-audited financials (P&L, BS, Computation, Schedules) |
| → No Income | Last 6 months Savings A/c bank statements |
| → Pensioner | Last 6 months Savings A/c with pension credits OR Pension Order |
| E. Collateral Documents (if applicable) | Latest sale deed Property tax receipt Approved building plan or Occupation Certificate |
Interest Rates on Education Loans for Studying MBBS Abroad
Get the funds you need for your education abroad with competitive interest rates and zero prepayment or foreclosure charges!
| Feature | Details |
|---|---|
| Interest Rate (Floating) | 9.95%* p.a. onwards |
| Origination Fee | 1.25%* + GST |
| Prepayment & Foreclosure Charges | None |
How to Apply for an Education Loan to Study MBBS Abroad
Follow this 3-step process
A simple and transparent journey.
1- Apply Online
Fill out the application form and upload documents.
2- Application Review
Get your sanction letter after our credit appraisal.
3- Funds Disbursed
You are all set to get started.
Expenses Covered Under Student Loan for MBBS Abroad
When you take an education loan for studying MBA overseas, the following expenses are typically covered:
- Tuition fees and academic charges
- Hostel or on-campus accommodation
- Cost of living (food, transport, utilities, etc.)
- Books, lab supplies, and other learning materials
- Laptop or computer (if required for coursework)
- Examination and library fees
- Other education-related expenses as approved by the Credila
Repayment Options for Overseas MBBS Loan for Students
Repayment for MBA education loans is designed to be student-friendly and flexible:
- EMI-Based Repayment: Start paying EMIs after the moratorium ends.
- Part-Payment Option: Make partial payments during the course to reduce the total interest.
- Flexible Tenure: Repayment tenure of up to 15 years based on your profile.
- No Prepayment Penalty: You can repay early without any additional charges.
Why Avail Credila’s Education Loan for MBA Abroad?
Save time. Go online.
Customer-centric processes with just 3 steps to disbursement.
We cover it all
Up to 100% financing of tuition and living expenses.
Start early. Apply before admission.
Benefit from seamless loan sanctions.
Friendly rates. All the way.
Student loans with customised interest rates.
Dream big. Achieve bigger.
Exploring funding for larger education costs? Not a problem.
Pan-India network of branches
Enjoy multi-city co-borrower(s) and collateral flexibility.
The benefit of tax saving
Added tax deductions# that bring down your cost of financing
Flexible payment plans
Repayment tenure of up to 15 years.
No hidden charges
What you see is what you pay.
*This is subject to restrictions imposed under the Income Tax Act, 1961 and Budget 2025.
#Under the old tax regime. Please consult your Chartered Accountant or Tax Advisor for information specific to you.
No claims, guarantees, representations, or warranties, whether express or implied, are made by Credila with respect to any communication, reliability, merchantability, quality, fitness, durability, performance and usefulness of any of the products/service and/ or information mentioned therein. Furthermore, Credila accepts no liability whatsoever for the safety, reliability, durability and performance of any of the products/ service and/ or information mentioned therein. For detailed terms and conditions you can visit Credila's official website - www.credila.com.
