Education and Career Forum

sir, i hav got good rank.m eligible for 1st round counselling in 2014..so i want to take loan, n if i get loan,then the bank will pay every installment?? every installment including all the expenses?

First of all, I would like to congratulate you for getting a good rank. Yes, the bank will pay every installment of college fees. But you have to request the bank every time for disbursing the college fees as loan amount. The request can be done by writing an application to the bank manager. The bank will pay as long as the loan limit is not reached.
For example :- If the course fees is 10 lakhs and you have taken a loan of 7.5 lakhs, then the bank will pay till the amount is 7.5 lakhs, beyond that bank will not pay any installment of college fees. However, it may be required that you need to pay 15% of the loan amount if taking loan of more than 4.5 lakhs.