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Complete list of NMC approved medical colleges in Maharashtra with total 5-year MBBS cost under Rs 50 Lakhs. Includes Terna, SMBT, Vasantrao Pawar, and more with fees, cutoffs, and honest reviews.
Remember these points for your NEET preparation
Think MBBS in Maharashtra is too expensive? Think again. While premium colleges like DY Patil and Symbiosis cost Rs 1.2-1.6 Crores, there are 20+ NMC approved colleges where you can complete your entire MBBS for under Rs 50 Lakhs.
In this comprehensive guide, we'll explore affordable medical college options in Maharashtra that won't break the bank but still provide quality education and valid degrees.
| Category | Annual Fees | 5-Year Total | Examples |
|---|---|---|---|
| Government | Rs 50K-1.5L | Rs 2.5-7.5L | BJMC, GMC |
| Budget Private | Rs 7-10L | Rs 35-50L | Terna, SMBT |
| Mid-tier | Rs 12-18L | Rs 60-90L | SKNMC, MGM |
| Premium | Rs 22-35L | Rs 1.1-1.75Cr | DY Patil, Symbiosis |
Reality Check: A doctor from Terna Medical College earns the same as one from DY Patil after 5-7 years of practice. The degree is the same - MBBS.
| Rank | College | Location | Annual Fees | Total 5-Year | Hospital Beds | NEET Cutoff |
|---|---|---|---|---|---|---|
| 1 | Terna Medical College | Navi Mumbai | 7.5L | 37.5L | 600 | 75,000 |
| 2 | SMBT Medical College | Nashik | 8L | 40L | 600 | 82,000 |
| 3 | Vasantrao Pawar MC | Nashik | 7.5L | 37.5L | 550 | 85,000 |
| 4 | ACPM Medical College | Dhule | 7.5L | 37.5L | 480 | 1,00,000 |
| 5 | Rural Medical College | Loni | 8L | 40L | 520 | 1,02,000 |
| 6 | SRTR Medical College | Ambajogai | 7L | 35L | 450 | 1,05,000 |
| 7 | Ashwini Rural MC | Solapur | 7.5L | 37.5L | 400 | 1,08,000 |
| 8 | DVVP Medical College | Ahmednagar | 8L | 40L | 500 | 92,000 |
| 9 | Dr. Ulhas Patil MC | Jalgaon | 8.5L | 42.5L | 450 | 88,000 |
| 10 | JIIU's IIMSR | Wardha | 9L | 45L | 500 | 90,000 |
| 11 | NKP Salve Institute | Nagpur | 9.5L | 47.5L | 480 | 95,000 |
| 12 | MIMER Medical College | Pune | 10L | 50L | 500 | 72,000 |
| 13 | PDVVPF's MC | Ahmednagar | 8L | 40L | 420 | 95,000 |
| 14 | BVDU Medical College | Sangli | 9L | 45L | 450 | 88,000 |
| 15 | Late Shri Lakhi MC | Sangli | 8.5L | 42.5L | 400 | 98,000 |
Note: Fees shown are state quota. Management quota is typically 50-80% higher. Verify current fees with colleges.
The Most Affordable Quality Option
| Parameter | Details |
|---|---|
| Location | Nerul, Navi Mumbai |
| Established | 1991 |
| Annual Fees | Rs 7.5 Lakhs |
| Total 5-Year | Rs 37.5 Lakhs |
| Hospital | Terna Sahyadri Hospital (600 beds) |
| Affiliation | MUHS Nashik |
| NMC Status | Recognized |
Why Terna Stands Out:
Fee Breakdown:
| Component | Annual | 5-Year |
|---|---|---|
| Tuition | 6,00,000 | 30,00,000 |
| Development | 50,000 | 2,50,000 |
| Hostel | 60,000 | 3,00,000 |
| Misc | 40,000 | 2,00,000 |
| Total | 7,50,000 | 37,50,000 |
Pros:
Cons:
Best Budget Option in North Maharashtra
| Parameter | Details |
|---|---|
| Location | Dhamangaon, Nashik |
| Established | 2011 |
| Annual Fees | Rs 8 Lakhs |
| Total 5-Year | Rs 40 Lakhs |
| Hospital | SMBT Hospital (600 beds) |
| NEET Cutoff | 82,000 |
Key Highlights:
Fee Structure:
| Quota | Annual | 5-Year Total |
|---|---|---|
| State | 8L | 40L |
| Management | 14L | 70L |
Another Affordable Nashik Option
| Parameter | Details |
|---|---|
| Location | Nashik |
| Annual Fees | Rs 7.5 Lakhs |
| Total 5-Year | Rs 37.5 Lakhs |
| Hospital Beds | 550 |
| NEET Cutoff | 85,000 |
Good For:
Most Affordable in Khandesh Region
| Parameter | Details |
|---|---|
| Location | Dhule |
| Annual Fees | Rs 7.5 Lakhs |
| Total 5-Year | Rs 37.5 Lakhs |
| Hospital Beds | 480 |
| NEET Cutoff | 1,00,000 |
Pros:
Cons:
Lowest Fee Private College
| Parameter | Details |
|---|---|
| Location | Ambajogai, Beed |
| Annual Fees | Rs 7 Lakhs |
| Total 5-Year | Rs 35 Lakhs |
| Hospital Beds | 450 |
| NEET Cutoff | 1,05,000 |
Best For:
| College | Location | Annual Fee | 5-Year Total | NEET Cutoff |
|---|---|---|---|---|
| Grant GMC | Mumbai | 45,000 | 2.25L | 2,500 |
| BJMC | Pune | 50,000 | 2.5L | 4,500 |
| GMC Nagpur | Nagpur | 50,000 | 2.5L | 6,000 |
| GMC Aurangabad | Aurangabad | 50,000 | 2.5L | 8,500 |
| LTMMC Sion | Mumbai | 45,000 | 2.25L | 5,000 |
| GMC Miraj | Miraj | 55,000 | 2.75L | 12,000 |
| GMC Akola | Akola | 55,000 | 2.75L | 15,000 |
| GMC Latur | Latur | 55,000 | 2.75L | 16,000 |
Reality: Government colleges require NEET ranks under 20,000 for general category. If your rank is higher, budget private colleges become the affordable alternative.
| College Category | Total Cost | Difference from Affordable |
|---|---|---|
| DY Patil Pune | 1.47 Cr | +Rs 1.1 Cr more |
| Symbiosis Pune | 1.35 Cr | +Rs 95L more |
| BVP Pune | 1.0 Cr | +Rs 60L more |
| SKNMC (Mid-tier) | 70L | +Rs 30L more |
| Terna (Affordable) | 37.5L | Baseline |
| Government | 2.5L | Rs 35L less |
Scenario: Rs 35L vs Rs 1.35 Cr Investment
| Factor | Terna (Rs 37.5L) | Symbiosis (Rs 1.35Cr) |
|---|---|---|
| Initial Investment | 37.5L | 1.35 Cr |
| Education Loan EMI | Rs 43,000/month | Rs 1.56L/month |
| Years to Repay | 8 years | 12 years |
| Total Interest Paid | Rs 12L | Rs 65L |
| Break-even Age | 32 years | 38 years |
Key Insight: Affordable college graduates can become debt-free 6 years earlier than premium college graduates.
| Factor | Premium College | Affordable College |
|---|---|---|
| Infrastructure | World-class | Adequate |
| Hospital Beds | 1500-2000 | 400-600 |
| Super-specialties | 20-30 | 5-10 |
| Research Opportunities | Extensive | Limited |
| International Exposure | Available | Rare |
| Alumni Network | Strong | Developing |
| Factor | Both Types |
|---|---|
| Degree Value | MBBS - Equally valid |
| NEET PG Eligibility | Same |
| Government Job Eligibility | Same |
| Earning Potential (long-term) | Same |
| Foreign Licensing | Same (USMLE, PLAB) |
| Clinical Practice Rights | Same |
| Bank | Max Amount | Interest | EMI (for Rs 35L) |
|---|---|---|---|
| SBI | 1.5 Cr | 8.5% | Rs 36,000 |
| BoB | 1 Cr | 8.9% | Rs 37,500 |
| PNB | 75L | 9.2% | Rs 38,500 |
| Canara | 50L | 9.5% | Rs 39,500 |
For Rs 35 Lakh Loan at 9% Interest:
| Tenure | EMI | Total Interest | Total Paid |
|---|---|---|---|
| 7 years | Rs 54,000 | Rs 10.3L | Rs 45.3L |
| 10 years | Rs 44,000 | Rs 17.8L | Rs 52.8L |
| 15 years | Rs 35,500 | Rs 28.9L | Rs 63.9L |
Tip: Try to repay faster. 7-year tenure saves Rs 18L+ compared to 15-year.
| Scholarship | Eligibility | Amount |
|---|---|---|
| Post-Matric SC/ST | Category | Full fees (some states) |
| Maharashtra EBC | Income below 8L | Variable |
| Merit Scholarship | NEET top scorers | College-specific |
| Minority Scholarship | Minority students | Up to 30-50% |
| Bank Interest Subsidy | Below BPL | Interest waiver |
Budget-Constrained Families
Students with NEET Rank 75,000-1,20,000
Goal: Clinical Practice
First-Generation Doctors
Absolutely yes. If the college is NMC recognized, your MBBS degree is:
Yes. NEET PG doesn't care which college you graduated from. Your rank determines admission. Many students from tier-2 colleges clear NEET PG and get MD/MS.
Yes. Hiring depends on:
After 3-5 years, nobody asks which college you attended.
Adequate for MBBS curriculum:
Variable. Results depend on:
Top students from any college clear NEET PG. The college name doesn't determine your PG success.
Maybe. If management quota is Rs 14L vs Rs 8L state quota:
Better to wait for later DMER rounds than overpay for management quota in affordable colleges.
Even affordable colleges need NEET scores of 400-480+. If you're falling short, our Intensive NEET Biology Program can help.
| College Tier | Required Score | Required Rank |
|---|---|---|
| Top Affordable (Terna) | 480-510 | 75,000-90,000 |
| Mid Affordable (SMBT) | 450-480 | 90,000-1,10,000 |
| Budget (ACPM, SRTR) | 420-450 | 1,10,000-1,30,000 |
| Feature | Benefit |
|---|---|
| Biology Focus | 50% of NEET = Biology |
| Score Improvement | 80-120 marks average |
| NCERT Mastery | Line-by-line analysis |
| Expert Faculty | AIIMS/JIPMER qualified |
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Even 50 marks improvement can get you into an affordable college!
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