Education and Career Forum

Please give the information about the fee structure for studying mbbs in tamil nadu and also in india including donation fee and all college fees? list out the banks names available.

The fee structure for MBBS courses in Tamil Nadu may vary depending on the college or institution. However, in general, the fee for an MBBS course in Tamil Nadu may range from around INR 2.5 lakhs to 22 lakhs per annum. Additionally, some colleges may also charge a donation fee, which may range from a few lakhs to crores of rupees.

It is important to note that the fee structure may vary depending on the college, category of seats (government or private quota), and domicile of the candidate (local or non-local).

Regarding the banks that offer educational loans, most of the major banks in India provide loans for higher education, including MBBS courses. Some of the popular banks that offer education loans in India include State Bank of India (SBI), Punjab National Bank (PNB), HDFC Bank, ICICI Bank, Axis Bank, and Bank of Baroda. These banks may offer loans covering the full cost of the course, including tuition fees, hostel fees, and other expenses.

To apply for an education loan, you need to provide relevant documents such as admission letter, fee structure, identity proof, address proof, income proof, and academic records. The loan amount and the interest rate may vary depending on the bank and the applicant's creditworthiness.

Here are the details on fees for MBBS in Tamil Nadu and India along with banks providing education loans without using any bullet points:

MBBS fees in Tamil Nadu (in Rupees): Tuition fees for an MBBS seat in a government medical college in Tamil Nadu is Rs. 1.5 lakhs per year. Some other fees include:

Caution deposit: Rs. 10,000 (refundable)

Cultural event fees: Rs. 1,000 per year

Examination fees: Rs. 2,000-4,000 per year

Medical college union fees: Rs. 2,000 per year

Total annual fees comes to around Rs. 2 lakhs. Private medical colleges charge tuition fees of Rs. 10-40 lakhs per year in Tamil Nadu.

MBBS fees across India (in Rupees): Fees varies in different states but averages are:

Government colleges: Tuition Rs. 1-1.5 lakhs per year. Total fees Rs. 2-3 lakhs per year.

Private colleges (low cost): Tuition Rs. 2-6 lakhs per year. Total fees Rs. 5-12 lakhs per year.

Private colleges (high cost): Tuition Rs. 30-50 lakhs per year. Total fees Rs. 50-70 lakhs per year (MH, DL, etc.).

These do not include other anticipated expenses of around Rs. 75,000 to 2 lakhs per year on books, stationery, hostel, mess, transportation, etc. Donation amounts also charged by some private colleges.

Banks offering education loans for MBBS studies:

ICICI Bank: Up to Rs. 30 lakhs for tuition and other fees. Repayment up to 15 years.

HDFC Bank: Up to Rs. 70 lakhs for tuition, hostel fees and living expenses. Repayment up to 15 years.

SBI: Up to Rs. 50 lakhs for tuition and other fees. Repayment up to 12 years.

Axis Bank: Up to Rs. 25 lakhs for tuition and other fees. Repayment up to 12 years.

Federal Bank: Up to Rs. 50 lakhs for full fees. Repayment up to 12 years. Grace period of 2 years.

Students can get loans from multiple banks or go for bank consortium loans for higher amounts based on requirements and co-applicant's eligibility. Interest rates are 8-10% for education loans. Fees receipts, mark sheets and income proof of co-applicant are key documents required.