Education Loan

If you are dreaming to study abroad, you might require to take up the education loan to bridge the gap of available finance and the required funds. Whichever course or the university you may choose to study abroad, MOKSH can surely guide you to avail of the Education loan to fulfill your dream.

Group Counselling (Seminars):

MOKSH is going to hold seminars in different parts of India and shall come to your city anytime, DO NOT MISS this golden opportunity to interact with our expert counsellors and get the right advice on your medical career! Click here to register for the seminar!

Also, it is highly advisable to attend one of our Online Counselling sessions on MBBS abroad till PG before attending the seminar as you would have your basics clear since the start! Click here to attend an online counselling session!

About Education Loan

Basically the concept of education loan is to bridge the finance till the student completes the studies and then let the student pay back the same to the financiers in the form of EMI. The student is expected to get the employment on completion of the course and pay back from the salary. Accordingly, the education loan is generally in the name of the student. However, the money is always co-borrowed by the parents in order to securitize the loan extended to the student.

There are 2 types of Education loan available for the students.

  • The education loan by the public sector banks
  • The private companies providing education loan.

Education Loan By Public Sector Banks:

Most of the study abroad programs are covered by the public banks for providing education loan. Generally they prefer to know the customers before they provide the loan and accordingly, you should approach the branch of your own bankers. There are 3 slabs of education loan which are popular among most of the banks:

Rs. 4 Lacs Based on parents income proof
Rs. 7.50 Lacs Based on Guarantor’s income proof
Rs. 20 Lacs Additional collateral security

  The tenure of repayment is very convenient for the students such as 10 years for Rs. 7.50 Lac loan and 15 years for Rs. 20 Lacs amount. Also, the scheme have 1 year of moratorium period after completion of the study / course. This period allows the student gives time to get the employment.

Till the loan repayment is started in the form of EMI, the parent needs to pay the interest rate. Generally the interest rate is around 12% (changes constantly) for boys and a discount on interest rate for 11.5% for girls.

Generally, the education loan product has high NPA (Non-Performing Asset) meaning the repayment problems. Accordingly, the bank managers are not very anxious to give education loan. The responsibility for allotting sanction of education loan remains with the bank manager. The risk taking ability of the bank manager is limited especially for education loan and

Online Counselling Session (Webinars):

Get Complete information on MBBS Abroad, MBBS in India, How to choose the university, country, Pros & Cons of different countries, PG preparation followed by a Q & A session with doubt clearance and every other possible detail regarding MBBS right up to PG! To get a glimpse of the previous webinars, Click on MBBS Abroad till PG, MBBS in USA till PG, MBBS in Germany till PG to watch. These are the recorded versions.

To register for a live Online counselling session and get all your doubts cleared with the CEO of MOKSH, Click here. You can also subscribe to our channel on Youtube in order to get constant updates on new webinars and videos on MBBS Abroad! Click here to subscribe to MOKSH Webinars!

In case of any error, Call on 9699360370.

Education Loan By Private Companies

Nowadays, there are few companies offering the education loan in the market. HDFC Credila is one of the pioneers in the field of providing education loan for study abroad to the students. The schemes for individual type of programs and for parents with varied financial back ground are customized. It is the first company to launch education loan for many students looking to study abroad:

  • MBBS in USA. MBA
  • MS programs in various countries including Germany
  • MBA abroad in various countries
  • Study in Europe for various Career programs

Generally the interest rate of the private companies providing education loan is higher than the public sector banks of India. However, their professional services and quick loan sanction process makes them a preferred choice among the students.  

Tele - Counselling:

MOKSH has an extremely knowledgeable and experienced team of MBBS counsellors who have an expertise in a specific topic like MBBS in Russia, China, USA, Ukraine, Germany, etc right up to PG. You can be in touch with one of the counsellors constantly via phone calls, SMS, Whats app, Emails, etc and they shall be there to solve your doubts and help you carve the right path towards your MBBS journey!

You can call on,

  • 9699360370 for MBBS Abroad like Russia, China, Ukraine, Georgia, Poland, Kyrgyzstan, etc ( if you have a budget in the range of Rs. 15lacs and above)
  • 9699360370 for MBBS in USA right up to PG ( If you have a budget of Rs. 60-70 lac)
  • 9699360370 for PG in Germany

Loan For Study Abroad Programs

You can apply for the Education loan by simply submitting the following documents:

  • Admission letter
  • Cost to study for the entire course duration including travel cost
  • Residential proof
  • Income Proof
  • Guarantors if any (All the personal and income proof of Guarantors)
  • Copy of the documents for immovable property towards Collateral Security

The documents are assessed for the initial screening and the confirmation of the loan is given within 1 week on submission of all the required documents.

You may either contact our office or directly the education loan provider for further information.

personal Counselling:

MOKSH has its branch offices in 12 cities of India now so there is no need to travel all the way to the Mumbai Head office for a personal counselling! You can still do so if you wish though. To get to a MOKSH office in your own city for a free personal counselling session on MBBS Abroad right up to PG in USA/ Germany, You call on 9699360370 and our counsellor shall arrange a Personal counselling session in your city or the closest location to you.


MOKSH holds an Online Scholarship Test every year where in the students get the NEXT Online Coaching on a huge discount or even 100% scholarship which otherwise costs more than Rs.1, 25,000. It is a 360 marks MCQ test focused on the 12th Board exams syllabus.

The students who register with MOKSH for MBBS Abroad get a higher priority in the scholarship test. You can call on 9699360370 to get further information on the scholarship test of 2020!

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