There is no credit for the non recognition studies
He said: Guideline is a key feature of human life. For the students who are studying reserve bank as given guidance regarding loan providing. You should approach the bank nearby to your house along with the 12th mark sheets and permission slip for admission in colleges. Education loan can be obtained from all the public sector banks. Financing is available for all the courses. But , first it is necessary to see whether the selected course and the college is a recognized one. If there is no recognition for college or the course selected , then loan will not be sanctioned.
To study in India, Maximum amount upto rs.4,00,000 credit can be obtained. If more than that is required then the parents have to pay 5% of the amount. For studying in abroad the parents have to pay 15% of the fees . For the first year if the amount is paid before getting the loan that amount will be given as a cash to the parents. One year after finishing the studies or six months after joining the job repayment of the loan is to be started. Because of studying through loan , the student should study well and he should try to get a good job .This is the speech given.