Education Loan for MBBS in Ukraine

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.