Bihar Student Credit Card Scheme

Bihar Student Credit Card

Bihar Student Credit Card

Bihar Student Credit Card Scheme: Empowering Education with Financial Support

Bihar Student Credit Card scheme is a state government initiative that provides financial assistance to students to pursue higher education. Here’s how you can apply for the Bihar Student Credit Card, the eligibility criteria, and the benefits of the scheme.

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How to Apply for Bihar Student Credit Card:

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Once your application is approved, you will receive a Student Credit Card, which can be used to cover the cost of tuition fees, books, accommodation, and other related expenses.

  1. Visit the official website of the Bihar Student Credit Card scheme.
  2. Click on the ‘New Applicant’ option.
  3. Fill in the online application form with personal details such as name, contact information, and academic qualifications.
  4. Required the necessary documents, including ID proof, address proof, and academic certificates.
  5. Submit the application. Or Contact Us for Apply

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Eligibility Criteria for Bihar Student Credit Card:
  1. The applicant must be a resident of Bihar.
  2. The applicant must have passed the 10+2 exam from a recognized board in India.
  3. The applicant must have secured admission to a recognized college or university for higher education.

Benefits of Bihar Student Credit Card

The scheme provides a credit line of up to INR 4 lakh to students.

Loans are available at a low-interest rate of 4%.

Repayment of the loan can be done over a period of 5-7 years, depending on the course duration.

The credit card can be used to cover the cost of tuition fees, books, accommodation, and other related expenses.

The Student Credit Card scheme has increased access to higher education for the state’s youth and has encouraged many students to pursue higher education who would otherwise not have had the opportunity to do so.

The scheme provides financial assistance to students who face financial barriers to pursuing higher education.

Frequently Asked Questions (FAQs)

The Student Credit Card is an initiative by the Government of Bihar to provide financial support to students pursuing higher education.

Students who are permanent residents of Bihar, have passed the 10+2 examination, and have secured admission to a recognized educational institution are eligible to apply.

You can apply for the Bihar Student Credit Card by visiting the nearest bank branch or applying online through the official website.

The required documents include proof of identity, proof of address, proof of age, educational documents, income certificate of the family, and passport-size photographs.

Students who are permanent residents of Bihar, have passed the 10+2 examination, and have secured admission to a recognized educational institution are eligible to apply.

Yes, the Bihar Student Credit Card can be utilized for pursuing higher education in recognized institutions both in India and abroad.