Among the influential fields of studies, Biomedical Engineering or BME is the implementation of engineering principles and device concepts for healthcare purposes. By combining methods of both the fields of medicine and engineering, this specific amalgamation aims to advance healthcare treatments in the lines of diagnosis, monitoring and therapy.

By recognising the influence of this field, various dedicated colleges for biotechnology are emerging all over the world. There are a few significant biomedical colleges in India which are helping to increase India’s footprint in this highly prospective domain. They are –

• MIT, Manipal

This constituent institution was established in 1957 and is known for its specialising courses in technology and engineering. In 2017, Manipal Institute of Technology was ranked 12th and 15th as the top engineering college in India by Times and Outlook India, respectively.

• R.V. College of Engineering

Rashtreeya Vidyalaya College of Engineering was established in 1963. In 2008, this institution was recognised as a centre of excellence by the Union Government of India. Other than being one of the top renowned institutions for biomedicine, this college is known for its mechanical engineering department. It was also acknowledged as a first-degree programme for the mechanical department by the National Board of Accreditation.

• VIT University

VIT or Vellore Institute of Technology is one of the recognised biotechnology colleges. This institute was established in 1984 and offers around 20 undergraduate and 34 postgraduate programmes.

In 2019, VIT ranked 801 – 1000 all over the world by Times Higher Education World University Rankings. Other than that, VIT ranked 281 – 290 in Asia as per QS World University Rankings.

To study in such acclaimed colleges, an individual might face a shortage of liquid funds. Such individuals can apply for a loan against property to suffice their financial requirements.

• Netaji Subhash Engineering College

One of the renowned biomedical colleges in India, NSEC or Netaji Subhash Engineering College is situated in Kolkata and was founded in 1998. According to recent surveys, the NSRC College has been acknowledged as one of the most significant educational institutions in West Bengal.

• SRM University

SRM University is situated at Tamil Nadu and was established in 1985. This institution conducts its own admission test, SRMJEEE. In 2019, around 1,70,000 aspirants appeared for this examination. In 2019, SRM University was ranked 351 – 400 in Asia, by the QS World University Rankings.

Students who have availed a loan against property for education to study in such an institution should know that they can avail such advances and repay with ease. Financial institutions not only provide a more affordable rate of interest on such offers but an individual can avail a comfortable tenor of up to 20 years to repay their debt.

• Anna University

This biomedical college in India is located in Tamil Nadu, and it was founded on 4 September 1978. This institute was established by the Government of Tamil Nadu and this prestigious University ranked 85 among the BRICS nations. Other than that, Anna University boasts of alumni members like the former President of India, A.P.J. Abdul Kalam.

If an individual fails to finance their education to study in a recognised biomedical college, they can avail advances like an education loan against property. By meeting a few essential eligibility criteria and after furnishing a set of significant documents, an individual can avail such advances.

A loan against property is a better way to finance an individual’s education considering the unrestricted end-use of this secured advance. Hence, a borrower can not only pay for their enrolment fee, but they can also finance varied expenses including accommodation, logistics, etc. The high loan amount and flexible tenor are a few beneficial features of such advances.

Leading HFC Bajaj Housing Finance Limited additionally provides pre-approved offers on loans against property which make the loan application process simpler and faster for borrowers. You can check for your pre-approved offers by sharing a few essential facts like your name and contact number.

An aspirant aiming to study in one of the recognised biomedical colleges in India can easily finance educational needs with a loan against property. Such fields of studies are not only creating advanced treatments, but it is also influencing the country’s economy.