Education Loan to Study MBBS in the UK
Flexible Repayment Options
Up to 100% Finance
Tax Benefits Under Section 129*
0% TCS** on Remittances AbroadFlexible Repayment Options*T&C Apply. Deduction under Section 129 of the Income Tax Act, 2025 (erstwhile Section 80E of the Income Tax Act, 1961) is available only under the old tax regime and shall not be applicable if the taxpayer opts for the new tax regime. Customers are advised to consult their tax advisors for applicability.
T&C Apply. Deduction under Section 129 of the Income Tax Act, 2025 (erstwhile Section 80E of the Income Tax Act, 1961) is available only under the old tax regime and shall not be applicable if the taxpayer opts for the new tax regime. Customers are advised to consult their tax advisors for applicability.
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?
- The UK offers a structured medical education system with internationally recognised MBBS degrees.
- Medical universities in the UK combine classroom learning with clinical training to help students develop practical skills throughout the programme.
- Students may have opportunities for early clinical exposure, research, and placements, depending on the university and curriculum.
- The UK is home to several well-known medical schools, including the University of Oxford and University College London (UCL).
- An MBBS degree from the UK may support graduates who wish to pursue postgraduate medical training or explore healthcare career opportunities in different countries, subject to local licensing requirements.
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. |
Check Your Loan Eligibility for
MBBS in the UK
Cost of Studying MBBS in the UK
| Expense Type / Duration | Approx. Cost (GBP) | Approx. Cost (INR) |
|---|---|---|
| IELTS Exam Fee | £142.48 | ₹18,140 |
| NEET Exam Fee | £142.49 | ₹18,141 |
| Application Fee | £56.66 – £85.49 | ₹7,213 – ₹10,885 |
| Visa Application Fee | £330.51 | ₹42,076 |
| Annual Tuition Fees | £22,800 – £52,000 | ₹29,01,984 – ₹66,18,560 |
| Living Expenses (London) | ~£1,334/month | ~₹1,69,792/month |
| Living Expenses (Outside London) | ~£1,023/month | ~₹1,30,903/month |
Disclaimer: All GBP to INR conversions are based on an exchange rate of 1 GBP = ₹127.28 as of July 2026. Exchange rates fluctuate over time, so please check the latest rates before making any financial decisions.
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+ | ₹1,75,64,640+ | Provide primary healthcare, diagnose illnesses, manage chronic cases, and refer to specialists. |
| Gynecologist/Obstetrician | £197,000+ | ₹2,50,74,160+ | Manage pregnancy, childbirth, reproductive health, and related surgeries. |
| Cardiologist | £276,000+ | ₹3,51,29,280+ | Treat cardiovascular diseases, perform interventions, and monitor cardiac health. |
| Neurologist | £214,000+ | ₹2,72,37,920+ | Diagnose and treat brain, spinal cord, and nervous system disorders. |
| Ophthalmologist | £156,000+ | ₹1,98,55,680+ | Diagnose and treat eye disorders, perform surgeries, and manage vision care. |
Source: https://www.idp.com/india/study-in-uk/mbbs/
Disclaimer: All GBP to INR conversions are based on an exchange rate of 1 GBP = ₹127.28 as of July 2026. Exchange rates fluctuate over time, so please check the latest rates before making any financial decisions.
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 a residential property, commercial property, NA plots, 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
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 MBBS 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.
Disclaimer: Deduction under Section 129 of the Income Tax Act, 2025 (erstwhile Section 80E of the Income Tax Act, 1961) is available only under the old tax regime and shall not be applicable if the taxpayer opts for the new tax regime. Customers are advised to consult their tax advisors for applicability.
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