Agreed with nomercy,

Bank will give you whatever amount... But if any one required they can avail such a huge amount.it is not a gift, need to repay.
Simply No one can avail such a big amount unless person should meet the requirement.
Conventional Bank will recover loan from the defoult customer by insurance,End of service benifits, ect.
Their is no way to avoid repayment at anycost unless the bank may waive the interest due to situation or case to case base.
Permanant Disability can waive the Loan ,Incase of death Loan will be fully waived.
"Given Loan and Taking Loan is no matter. But repayment is your Headache. DONT TAKE IT."