Bihar Student Credit Card Scheme

📋

Overview & About

Up to ₹4 lakh education loan at 4% simple interest (1% for women/disabled/transgender) for higher education after Class 12

Bihar Student Credit Card Scheme provides education loan up to ₹4 lakh at simple interest of 4% (1% for women, differently-abled, and transgender) for students who have passed Class 12 from a recognized institution and want to pursue higher education (graduation, technical, medical, etc.). No collateral required.

🎓 Key Facts

Loan Amount Up to ₹4 lakh

Interest (General) 4% simple

Interest (Women/PwD) 1% simple

🎁

Benefits

Loan up to ₹4 lakh for higher education
4% simple interest per annum
1% for women, PwD, and transgender students
No collateral or guarantor required
Covers tuition, hostel, books, and other expenses
Repayment starts 1 year after course completion

✅

Eligibility Criteria

Bihar resident (permanent)
Passed Class 12 from recognized board
Admission in recognized institution (India or abroad)
Age up to 25 years
Family income below ₹4.5 lakh/year

📄

Required Documents

Aadhaar Card
Class 12 certificate + marksheet
Admission letter from institution
Income certificate
Bank account
Fee structure from institution

🚀

How to Apply

1

Apply online at 7nishchay-yuvaupmission.bihar.gov.in

2

Fill student credit card application

3

Upload documents

4

DRCC (District Registration & Counselling Centre) verifies

5

Loan disbursed via bank to institution

↗ Apply on Official Website

❓

Frequently Asked Questions

Is collateral needed? ▾

No, Bihar Student Credit Card is collateral-free and guarantor-free.

When does repayment start? ▾

Repayment starts 1 year after completion of the course.

Overview & About

Benefits

Eligibility Criteria

Required Documents

How to Apply

Frequently Asked Questions

Jump to Section

Quick Facts

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Bihar Student Credit Card Scheme

Overview & About

Benefits

Eligibility Criteria

Required Documents

How to Apply

Frequently Asked Questions

Jump to Section

Quick Facts

Need Help?

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