Hi Guys, I had a question : If i apply for loans from two banks say Bank 1 and Bank 2 , I get both s

Hi Guys, I had a question : If i apply for loans from two banks say Bank 1 and Bank 2 , I get both sanctioned. Now if i show loan sanction letter from Bank 1 for issuance of i20, I get my i20 but later I use the loan from Bank 2 to pay my fees as it has a lower rate of interest will this cause a problem?