Sarkari Yojana
Bihar Student Credit Card Scheme
About Bihar Student Credit Card Scheme
The “Bihar Student Credit Card Scheme“, introduced by the Department of Education, helps students fund their higher education. Loans of up to ₹4 lakhs are available at very low interest, and can be used for courses such as B.Sc, B.A, B.Tech or MBBS. The scheme is designed for students who want to study further but lack the money to do so.
Scheme Overview
State Government
Individual
02 Oct 2016
Scheme Details
Eligibility Requirements
To qualify for Bihar Student Credit Card Scheme, applicants must satisfy the following conditions:
The applicant must be a Bihar resident and…
The applicant must be a Bihar resident and at least 25 years.
The applicant must have cleared class 12th
The applicant must have cleared class 12th.
The applicant must have secured admission to a…
The applicant must have secured admission to a course at an authorised institute.
The applicant must finish the whole course
The applicant must finish the whole course.
Benefits Provided
Bihar Student Credit Card Scheme provides the following benefits to eligible applicants:
Students who qualify receive these benefits:-
Loans up to a ceiling of ₹4 lakh
Loans up to a ceiling of ₹4 lakh.
Loans cover polytechnic, technical and general courses
Loans cover polytechnic, technical and general courses.
The money can go towards books and laptops…
The money can go towards books and laptops or any type of fees.
Repayment begins only after the course ends and…
Repayment begins only after the course ends and the student has found a job.
Divyang, transgender and girl students pay just 1%…
Divyang, transgender and girl students pay just 1% interest.
Because the loan is government-owned, recovery rules are…
Because the loan is government-owned, recovery rules are flexible.
Documents Required
Applicants should keep the following documents ready before starting the application:
Completed common application form
Completed common application form
Aadhar identity card
Aadhar identity card
Pan card
Pan card
Class Xth and XIIth mark sheets and pass…
Class Xth and XIIth mark sheets and pass certificates
Copies of any scholarship award letter (if available)
Copies of any scholarship award letter (if available)
Approved structure of the course
Approved structure of the course
Evidence of admission
Evidence of admission
Schedule of fees
Schedule of fees
Recent photographs
Recent photographs
Income certificate of the previous year
Income certificate of the previous year
Income tax returns for the previous two years
Income tax returns for the previous two years
Bank statement covering the previous six months
Bank statement covering the previous six months
Residence proof such as a Passport, ID, driving…
Residence proof such as a Passport, ID, driving license or Voter ID
Receipt of tax paid
Receipt of tax paid
2016-10-02
How to Apply
Online Application
Applicants can apply for Bihar Student Credit Card Scheme through the online application process outlined below.
Application Portal: Open Application Portal ↗
Open the https://www.7nishchay-yuvaupmission.bihar.gov.in/ website
Open the https://www.7nishchay-yuvaupmission.bihar.gov.in/ website.
Press the ‘New Applicant Registration’ button
Press the ‘New Applicant Registration’ button.
Enter name, email ID, mobile number, Aadhaar number…
Enter name, email ID, mobile number, Aadhaar number and OTP, then press ‘Submit’.
A message confirms successful registration, and the username…
A message confirms successful registration, and the username and password arrive by email and SMS.
Return to the https://www.7nishchay-yuvaupmission.bihar.gov.in/ website and sign in…
Return to the https://www.7nishchay-yuvaupmission.bihar.gov.in/ website and sign in with the username and password.
Complete the ‘Personal Information Page’ and press ‘Submit’
Complete the ‘Personal Information Page’ and press ‘Submit’.
Pick ‘BSCC’ from the drop-down list and press…
Pick ‘BSCC’ from the drop-down list and press ‘Apply’.
Complete and submit the BSCC form; a confirmation…
Complete and submit the BSCC form; a confirmation message and acknowledgement number are shown.
The concerned District Registration and Counseling Center (DRCC)…
The concerned District Registration and Counseling Center (DRCC) fixes an appointment and informs the applicant of the visit date by email and SMS.
On that date, the applicant goes to the…
On that date, the applicant goes to the DRCC with self-attested documents and hands them to the Multi-Purpose Assistant (MPA) for checking.
When the authorities have verified the case and…
When the authorities have verified the case and the bank has sanctioned the loan, the DRCC sends an SMS and email telling the applicant when to come and collect the ‘Student Credit Card’ and the loan sanction letter.
With the ‘Student Credit Card’ and the bank's…
With the ‘Student Credit Card’ and the bank's sanction letter in hand, the applicant visits the bank to finish the documentation.
The bank then releases the loan and reports…
The bank then releases the loan and reports the disbursement to the DRCC.
Application status can also be followed at https://www.7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus…
Application status can also be followed at https://www.7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus .
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.