RBI and websites of all Public sector banks uploaded such a scheme. Study the scheme carefully and convince your parents to be co-obligants. Select a bank and the bank considers your past track record of performance and the present job potential of such degree. Banks are now going slow as Nonperforming advances are escalating in Educational loans every year. Every branch has some two or three account targets and to be frank, not interested in such advances as future tracking of a student is not easy. Though security is not a must, permanent resident, some collateral urban property may better the chances of getting the loan quickly. You must be prepared for getting life insured to the value of loan amount, and must consistently perform, as the loan will be released in installments depending on semester performance. Please study the scheme and confirm that you are eligible under the scheme. Several state governments are paying such fees in full if the income of dependent is below the povery level.