Getting an education loan for MBBS in Ukraine is possible. In fact, more than 25% of students take a loan for studying MBBS abroad. Before granting you the loan, every bank will check two things –
- the documents of student’s parents,
- documents issued by the university to the student (such as the admission letter)
Here are some of the things that all the bank will check –
- you must be a citizen of India
- the university must be recognized by MCI/WHO
- you must be NEET qualified
- you must have the admission letter from the university (Global Medical Foundation will provide this)
- CIBIL report of your parents/guardian
- collateral/security if the loan amount is big
- previous loans and their repayment
- any current loan
- income of parents
- ITR of parents
- banks will cross-check all the documents submitted by you
You will have to apply with a bank which is located near your house. You cannot apply for an education loan from a bank in the country where the college is located. You will get a loan where you have house/address proof.
Here is what you need to do for getting an education loan for MBBS in Ukraine:
- fulfill the eligibility criteria and qualify NEET.
- choose the university to which you want to get admission, check its fee structure, and identify how much loan you require
- apply for an admission letter of the university through the Global Medical Foundation
- after getting the admission letter, go to the bank and complete the loan formalities
- the bank will transfer the tuition fees course fee directly to the bank account of the university
Check MBBS in Ukraine fees for the current year.