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Several private medical and dental colleges have asked students to produce a bank guarantee for their fees, not just for one year but for all four-and-a-half-years.
This move is to pre-empt students from dropping midway. It also guarantees that students will be able to pay their fees, which runs into lakhs of rupees every year. The fact that some colleges were asking students to furnish documents came to the notice of the admission overseeing committee’s chairman Anand Byrareddy, who received a tip off that a college in Shivamogga was asking for a bank guarantee.
If you are taking admission tthrough management quota, some deemed university demand for bank gurantee and some not depend on their rules.
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