Education and Career Forum

I have got first year's loan and the bank has sanctioned 2,70,000 for all my 4 years, They gave first year's 70,000. But I have 4 arrears in 1st year, Should I opt to get second year's loan?

Banks give preference to students who have good academic background.
If you have any previous backlog then you must clear it first.
Be it arrears in payment of loan or arrears in clearing the paper both are not acceptable.
Thus for getting education loan for 2nd year you must try to clear your backlog , you can also talk to thr bank manager as more than 3 backlogs are not acceptable .