Education and Career Forum

Hello,
I am a student of MBBS in Tamil Nadu now.
I want to do MD in UK. So, please tell me
I can apply for Education Loan from Bank for doing MD?
If yes then please tell me the requirements for applying?

Yes, you can definitely apply for education loan to study MD in UK after completion of your MBBS course. The requirements to apply for education loan are :-

- You should get admission in well reputed and recognized institute. The institute should have good exposure and placement facilities.
- You should have good academic background.
- You should have admission confirmation letter and a valid passport.
- Your family should have stable source of income.
- You need to comply with the terms and conditions of the education loan of the concerned bank like mortgage of property if loan exceeding 7.5 lakhs, repayment of loan after six months from completion of course or on getting job whichever is earlier, fluctuation of interest rate as per orders of Reserve Bank of India, etc. You need to visit any bank close to your residence and have a discussion with the branch manager concerning the loan and act as per his/her instructions to get your loan sanctioned.