Answer : You can get loan from a bank which is in the area where your parents currently dwell. You should start repaying the loan within 6 months of getting a job after course completion. If you did not get a job within 6 months, you will be given a grace period of one year. Even after that if you fail to repay, the amount will be collected from your parents. The Maximum time limit for loan repayment is between 5 to 7 years.