Yes, you can get an educational loan of up to Rs.80 Lakhs to pursue MBBS in India. These are mostly secured loans that require you to pledge equivalent collateral. 

Leading Lenders offering Educational Loans for MBBS


Interest Rate 

Maximum Loan Amount 

Maximum Tenure 

Processing Fees

Axis Bank Education loan


13.70% per annum 

Rs 40 Lakhs 

Up to 20 years  

Up to Rs. 10 Lakhs: Nil 

Above Rs. 10 Lakhs: Rs. 15,000 plus GST

Federal Bank Education loan

From 10.05% per annum

Rs.10 Lakhs in India and Rs. 20 Lakhs abroad

15 years 


Bank of Baroda Education loan

From 6.50% per annum

Rs. 80 Lakhs 

15 years


HDFC Bank Education loan

From 9.55% per annum 

Rs. 30 Lakhs in India and Rs. 45 Lakhs abroad 

15 years 


Canara Bank Education loan

From 8.50% per annum 


15 years 



Taking an Rs.25 lakh education loan depends on the costs of your studies as well as the amount you can pay out of pocket. If you have been accepted into a government medical college or university, the costs to complete the degree are likely to be lower than at certain private medical colleges and universities. Furthermore, if you have been admitted on merit to prominent medical institutions such as AIIMs and JIPMER, you are very likely to be authorised for an education loan.

The interest rate on such educational loans start at 8.80% and go up to 14%. 

Also Read: How can a Student Loan Affect Your Credit Score?