Education Loan for MBBS

19 Aug 2025

Education Loan for MBBS

Are you planning to study MBBS but concerned about the funds required? You can apply for an education loan for MBBS in India without any collateral through Moneyview. 

Student Loan for MBBS through Moneyview

In order to pay for one’s MBBS degree, the most common option is to avail of an education loan for MBBS in India. But have you considered an alternative that is much more affordable and flexible?

Personal loans come with a host of other benefits such as flexibility in terms of loan amount and repayment term. Personal loans through Moneyview also require minimal documentation and get disbursed within 24 hours which makes them perfect for urgent needs.

If you are searching for ‘education loans for MBBS in India’ or ‘education loans for MBBS in abroad’, you can use personal loans through Moneyview.

Need Urgent Funds?

Flexible Terms, No Hidden Fees, Easy Approvals

5000 Loan

Top Features and Benefits of Personal Loans through Moneyview

Loan Amount

Attractive Loan Amount

Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility

Collateral Free Loans

Collateral Free Loans

You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor

fats disbursal

Fast Disbursal

The loan amount is disbursed to your bank account within 24 hours of approval

interest rates

Affordable Interest Rates

Interest rates starting from just 14% per annum

Eligibility Criteria for Education Loan for MBBS

Our lending partners' simple eligibility criteria for borrowers to get a personal loan is as follows -

  • The borrower should be between 21 and 57 years of age 

  • They must earn a minimum of ₹25,000 or more monthly 

  • Income must be credited directly to their bank account

  • They must have a minimum CIBIL score of 650

Documents Required for Education Loan for MBBS

For a personal loan, the bare minimum documentation is as follows:

  • Your PAN number

  • Your mobile number will have to be linked to your Aadhaar card for KYC verification

You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.

The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.

Fees and Charges for Education Loan for MBBS

Our lending partners provide some of the market's most fair and affordable interest rates. The fees for personal loans are -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 14% per annum

Loan Processing Charges

Starting from 2% of the approved loan amount

Penal Charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

₹500/- each time

Personal Loan Calculator

Your monthly EMI is

10,201

per month for 5 months

Total Interest

1,004

Total Amount

51,004

Loan Amount

Min ₹10

Max ₹25,000

Rate of Interest

%

Min 5%

Max 25%

Loan Tenure

Min 3 months

Max 72 months

How to Apply for Education Loan for MBBS?

  • 1

    Assess Your Eligibility

    Quickly check if you are eligible on the Moneyview platform in only 2 minutes!

  • 2

    Pick Your Repayment Duration

    Select the desired loan sum and repayment period from the options provided.

  • 3

    Share Your Documents Online

    Share only essential documents for profile verification, easily uploading them digitally.

  • 4

    Funds Disbursed

    Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!

Personal Loan Based on Your Budget

Personal Loan Based on Your Purpose

Personal Loan in Your City

Need Quick Cash?

Conclusion

Getting a student loan for MBBS in India is very easy if you have cleared the entrance exams. But you might require a loan more urgently or without any collateral. In such cases, you can opt for an instant personal loan from Moneyview and use the funds as an education loan for MBBS.

Loans from Moneyview are versatile and affordable. You can get a loan amount from Rs.5,000 to Rs.10 Lakh from Moneyview and can opt for a repayment tenure of 3 months to 5 years based on your eligibility and requirements. 

To know more, check out the Moneyview website or download the app and apply today.

Education Loan for MBBS - Related FAQs

Currently, we only offer loans to those who have a source of income. However, you can always ask your family members such as your parents, siblings, or even friends to apply on your behalf.
Secured loans are those that are provided against collateral such as home loans, auto loans, gold loans, etc. Unsecured loans are those that do not require collateral such as personal loans but can be used for a number of purposes.
Currently we only provide loans to those individuals who receive their salary via bank transfer – directly from their employer. We will not be able to give loans to applicants who get their salaries in cash.
No, applicants do not have to provide security, collateral, or guarantors as Moneyview personal loans are unsecured loans.

Trusted by millions

We're present across the nook & corner of the country, making loans accessible, and simple!

Trusted By Users

60 Million+

Happy
Users

TrustMarker Wallet

12000 Cr+

Loan
Disbursed

TrustMarker Map

19000+

Locations
Served

TrustMarker Banner
TrustMarker Banner

Was this information useful?