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Education Loan for MBBS Abroad — Banks, Documents & Process

How Indian families fund MBBS abroad: which banks lend, how much you can get, what security is needed, and the documents Marsevo Global prepares for you.

Most families who send a child abroad for MBBS do not pay the whole fee from savings — they use an education loan. The good news is that an MBBS at a recognised foreign university is exactly what these loan schemes are designed for, and because our tuition starts from ₹14 Lakhs*, the loan you need is far smaller than for an Indian private medical seat.

Where you can get an education loan

Public-sector banks are usually the cheapest, followed by private banks and then NBFCs, which are faster but dearer. All of them need the same core paperwork: the university admission letter and the official fee structure — both of which we issue directly, because we are the authorised representative of Angren University.

  • Public-sector banks — SBI, Bank of Baroda, Union Bank, Canara Bank and others under their study-abroad schemes
  • Private banks — Axis, ICICI, HDFC Credila
  • NBFCs — Avanse, Auxilo and similar lenders (quicker sanction, higher interest)
  • Loans up to ₹7.5 Lakhs are commonly unsecured; larger amounts usually need collateral or a co-applicant with income proof

Documents the bank will ask for

Keep these ready and a sanction typically takes two to four weeks. Marsevo Global prepares the university-side papers and hands you a clean file.

  • Admission letter from the university
  • Official fee structure on university letterhead
  • 10th, 12th marksheets and NEET scorecard
  • Passport, Aadhaar and PAN
  • Co-applicant income proof — salary slips or ITR for 2 to 3 years
  • Bank statements for 6 to 12 months
  • Collateral papers, only if the loan exceeds the unsecured limit

What Marsevo Global does for your loan

We do not lend money and we take no commission from any bank — we make the file bankable. You get the admission letter and official fee structure quickly, guidance on which scheme fits your amount, and help filling the forms. Because the fee is transparent and in writing, bank officers approve these files without the back-and-forth that vague agent quotes cause.

A word of caution

Never borrow against a promise of admission. Apply for the loan only after a genuine admission letter is in your hand, and never pay any amount described as donation or capitation — no recognised university abroad charges it, and no bank will fund it.

Officially Authorised

We are the official representative of Angren University

Marsevo Global Private Limited is the officially authorised representative of Angren University — Faculty of Medicine, Uzbekistan. That means your MBBS admission is processed directly with the university — no third-party agents, no hidden charges, and a signed agreement you can verify.

  • Direct, authorised admission to Angren University
  • English-medium MBBS + free internship opportunity in Japan
  • Transparent tuition from ₹14 Lakhs* — no donation
Angren University Details
FAQ

Frequently Asked Questions

Can I get a full education loan for MBBS abroad?
Yes. Banks fund tuition, hostel, travel, insurance and sometimes living costs. Amounts up to ₹7.5 Lakhs are often unsecured; beyond that most banks ask for collateral or a strong co-applicant.
Which bank is best for an MBBS abroad loan?
Public-sector banks such as SBI and Bank of Baroda usually have the lowest interest, while NBFCs sanction faster at a higher rate. We help you compare and prepare the file either way.
Do I need collateral?
Not always. Up to roughly ₹7.5 Lakhs many banks lend without security against a co-applicant income proof. Larger loans typically need property or a fixed deposit as collateral.
Does Marsevo Global charge for loan help?
No. Loan guidance and the university documents banks require are part of our free service.

Free counselling for MBBS at Angren University

Talk to a Marsevo Global counsellor in Hindi, English or Telugu. We are the official representative of Angren University, Uzbekistan — direct admission, transparent fees, complete visa support.

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