Bihar Student Credit Card Scheme (7nishchay-yuvaupmission.bihar.gov.in): Eligibility, Application Status, How to Apply

Education is the cornerstone of progress, and recognizing this, the Bihar government has delivered a transformative initiative – the Bihar Student Credit Card Scheme, also named Bihar Student Credit Card Yojana. Launched with the vision of creating higher education accessible to every aspiring student, this scheme stands as a testament to the commitment to empowering children and fostering educational development.

What is the Bihar Student Credit Card Scheme 2024?

The Bihar Student Credit Card Scheme was inaugurated by Chief Minister Nitish Kumar on October 2, 2016. It’s designed to aid students from Bihar in obtaining better education by giving them loans up to INR 4 lakh at low interest costs. This scheme not only covers educational costs however also different educational costs includes training training, laptops, books, and more, ensuring that students can pursue their education without financial stress.

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Bihar Student Credit Card Yojana 2024: Overview

Scheme Name	Bihar Student Credit Card Yojana (BSCC Scheme)
Launch On	October 26, 2016
Funding Amount	4-5 Lakhs
Launch By	Chief Minister of Bihar: Shree Nitish Kumar.
Beneficiary	Students of Bihar
Application Mode	Online
Official Website	www.7nishchay-yuvaupmission.Bihar.Gov.In

Objective of Bihar Student Credit Card Yojana

The most important objective of starting the Bihar Student Credit Card Scheme is to offer loan facilities to the bad and econominamey susceptible students of the country to continue their education. So that students can complete their education better. There are many families in Bihar whose children need to look further after 12th however are unable to take the test due to loss of money. To pursue their education, the Bihar Government will provide loan centers to such students on 42 different forms of courses like Graduation, BA, BSc, etc. Underneath the Bihar Credit Card Scheme.

Bihar Student Credit Card Scheme Features

These features collectively make the Bihar credit card scheme an appealing and engaging opportunity for students to pursue higher education without an immoderate financial burden.

For students who have completed their intermediate or 12th-grade education from Bihar Government-run academic institutions.
Provision of loans as much as Rs 4 Lakh, which can be used for pursuing technical, polytechnic, or well known guides. The loan amount can also be used to buy test material along with books, stationery, and laptops and pay costs.
Low-interest rate of 4% applicable to the loan. However, for women, transgender people, and those with disabilities, the interest rate is even lower at 1%.
Repayment flexibility, as students have to pay off the borrowed amount after completing their course and securing employment. For instance, if you choose a 3-year BSC course, you aren’t responsible to pay off the loan for the duration of the duration of the course.

Benefits of Bihar Student Credit Card Scheme

Here are a number of how you get advantages from making use of it:

The student can easily get a loan of up to 4 lakh to get financial assistance for studies.
The loan is available to students who are pursuing technical courses, polytechnic guides, and other courses.
The loan is available at 1% of the interest rate for transgender, women, and Divyang students.
The finance amount can be used for purchasing books, paying fees, buying laptops, and so on.
The loan is owned by the Bihar Government and in severe times, the government waives off the balance.
Repayment of it’ll start after the finishing touch of the student’s course and secured a process as well.

Eligibility Criteria for Bihar Student Credit Card

The following is a list of the eligibility standards for the Student Credit Card scheme of Bihar:

You have to reside in Bihar.
You should be older than 25, as the minimum and maximum age of the candidates should be 30 years.
You must have finished the Intermediate well-known. Class 12 graduates (polytechnic after 10th grade) and Bihar applicants who’ve finished the same in states like Jharkhand and West Bengal are also eligible for this scheme.
You need to enroll in a course at a recognized organization.
The entire course must be finished.
Only the regular courses might be eligible for the loan.

Documents Required

Applicant needs to offer the following files whilst applying for the Bihar Student Credit Card Scheme:

Photograph and signature
Class 12th mark sheet
Admission affirmation letter
Fee receipt
Domicile certificate
ID proof (Aadhaar card, voter ID, etc)
Family earnings certificate
Bank account information

Steps to Apply for the Bihar Student Credit Card Online

Click Here To Apply

People who want to apply online for the Bihar Student Credit Card Scheme can effortlessly avail the benefits of the scheme by following the stairs given below:-

Visit the official site.
Now click on the option of ‘New Applicant Registration’.
Now a new web page will open in front of you where you have to fill in data like your first name, e-mail ID, Aadhaar number, mobile variety, and so forth.

Now you need to click on the option of ‘Send OTP’. Now you’ll get hold of an OTP on the variety you entered which you’ll have to input.
Tap on the submit button.
Now, you will acquire a personal ID and password in your e-mail ID.
Now, visit the homepage of your website and click on the login option. A new page will open in front of you, wherein you need to log in through getting into your user ID, password, and captcha code.
After login, you must click on the option of ‘Bihar Student Credit Card’ under the ‘Select Scheme’ menu.
A shape will open in front of you wherein you have to enter the desired data like financial and basic details etc. Click on the ‘Submit‘ option.
Now, you’ll obtain an acknowledgement mail in your e-mail ID.
In this way, you can very much apply for the Bihar Student Credit Card Scheme.

Bihar Student Credit Card Yojana- Guidelines

Here are some guidelines, the visitors can easily read these guidelines by click on links:

Bihar Student Credit Card Yojna	Click Here For Read Guide Line
Mukhyamantri Nischay Swayam Sahayata Bhatta Yojna	Click Here For Read Guide Line
Kushal Yuva Program	Click Here For Read Guide Line
KYP NEW Guideline FROM 22/2/2017	Click Here For Read Guide Line

Conclusion

The Bihar B.Tech Student Credit Card Yojana aims at supplying financial support to university students who are just starting with their careers in engineering. Provides the banking facility with reasonable terms and conditions.

Students who’ve cleared their elegance 12th and fall under the Government of Bihar and are not able to get admission to higher training due to financial constraints. The government of Bihar launched the Bihar Student Credit Card Scheme in Bihar only.

FAQ’s:-

1. What are the benefits of the Bihar Student Credit Card Scheme?

The Bihar Student Credit Card Scheme presents economic help to students who want to pursue a better education. It gives loans of as much as Rs. 4 lakh for better education-related costs, along with a 2% interest subsidy and flexible repayment options.

2. How much money do I get from a Bihar Student Credit Card?

The Bihar Student Credit Card Scheme gives loans of as much as Rs. 4 lakh to students who desire to pursue a better education. The loan amount may also vary depending on the course and education.

3. Who is eligible for a Bihar student credit score card?

To be eligible for a Bihar student credit score card, students have to be residents of Bihar. They must also have passed the 12th grade from Bihar and be enrolled in a recognised educational institution. Further, their age need not exceed 25 years during applying.

4. Which financial institution is reliable for a Bihar student credit card?

The Bihar Student Credit Card Scheme is an initiative without links to a specific bank. The scheme gives economic help through linking students with banks, and the choice of bank can also number based on personal conditions.