Applying for the Bihar Student credit card (BSCC) is as easy as applying to a college. This guide will let you in on how to make the best use of the Bihar Student Credit Card and how to apply for it.
Are you a Bihar student looking for financial aid to continue your education? The Bihar Student credit card could be what you're looking for. This government program, which aims to empower students, provides interest-free loans up to Rs. 4 lakh to cover educational costs, including tuition fees and laptop purchases.
The program, introduced under the Mukhya Mantri Nishchay Swayam Sahayata Bhatta Yojana (MNSSBY), ensures that students' academic goals are not impeded by financial constraints. Everything you need to know about the Bihar Student Credit Card Scheme will be covered in this tutorial, including BSCC eligibility requirements, application procedures, and necessary documents.
The Bihar Student Credit Card Scheme was implemented by the Bihar government to address the financial struggles of students. This program makes it easier for students to receive financial aid for their education.
The benefits and eligibility of the Bihar Student Credit Card, as well as how to apply for it, are all discussed in this article in very basic terms.
Latest News about Bihar Student Credit Cards
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Recently, the Bihar government declared that student credit card loans would no longer be subject to interest.
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Seven years have been added to the payback period.
Key Takeaways for Bihar Student Credit Cards
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A collateral free maximum loan of up to ₹4 lakhs is available to students who qualify for the Bihar Student Credit Card Scheme.
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Interest Rate: 0% per annum for all categories of students.
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Loans with simple repayment plans and cheap interest rates—as low as 1% in some situations—are accepted.
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Repayment: Repayment starts only after the course is completed and you secure a job.
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Numerous courses are covered by the loan eligibility, and the final use is adaptable.
Overview
As part of the state's good governance initiative under the "Seven Resolutions of Developed Bihar" or "Viksit Bihar Ke Saat Nishchay," the Bihar government introduced the Bihar Student Credit Card Scheme on October 2, 2016.
The program attempts to help students who are unable to pursue higher education because of financial limitations. It offers students interest free loans up to ₹4 lakh to finance higher education programs, including MBBS, B.Sc., B.A., and B.Tech. The objective is to guarantee that no student who has passed the 12th-grade test is deprived of an educational opportunity due to a lack of resources. The program is carried out by the Department of Education, and banks work together to supply the funding.
What is the Bihar Student Credit Card?
A higher education support scheme called the Bihar Student Credit Card Scheme was created to give qualified students in the state financial assistance. This program allows students to get interest-free loans to pay for a range of professional and undergraduate courses. It particularly helps students who want to continue their education after finishing Class 12 but are unable to do so due to financial constraints.
The program guarantees that their academic and professional aspirations are not impeded by financial limitations and facilitates their entrance to higher education.
The Benefits of the Bihar Student Credit Card
Students who live in Bihar who want to continue their education after passing their Class 12 test are eligible for the Bihar Student Credit Card Scheme. It assists students who have enrolled in or are applying to government-approved universities that offer general, professional, or technical programs like MBBS, B.Sc., B.A., or B.Tech.
The Bihar Student Credit Card Scheme's salient characteristics and advantages
The following are the main attributes and advantages of the Bihar Student Credit Card Scheme:
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Loan Assistance Up to ₹4 Lakh: To pursue higher education, qualified students may be eligible for a maximum loan of ₹4 lakh.
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Assistance with a Variety of Courses: The loan can be applied to several programs, including MBBS, B.Sc., B.A., and B.Tech.
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Covers Education-Related Expenses: The aid can be used to pay fees or buy computers and books.
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Interest-Free Loan : The loan has 0% interest rate for all eligible students.
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Flexible Recovery Processes: Because the loan is held by the government, the recovery procedure is made to be both student-friendly and adaptable.
Eligibility for the Bihar Student Credit Card
The candidate needs to:
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Be a resident of the state of Bihar
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Be no more than 25 years old.
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Have passed class 12th.
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Secure admission to a course in an authorised institute.
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Complete the entire course.
Exclusions
Step-by-Step Process to Apply for the Bihar Student Credit Card
Here's how to apply online for a Bihar student credit card:
Registration
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Step 1: Go to the MNSSBY website and select "New Applicant Registration."
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Step 2: Enter your name, email address, cell phone number, Aadhaar number, and any other information.
Application
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Step 1: Enter your DRCC login information to access the MNSSBY website.
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Step 2: Enter the necessary information on the Personal Information Page and press the "Submit" button.
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Step 3: Select "BSCC" from the drop-down menu, then click "Apply."
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Step 4: Complete and submit the BSCC form. The screen will show the acknowledgment number and a confirmation message after submission.
Post Application
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Step 1: An appointment will be made by the relevant District Registration and Counseling Centre (DRCC). Details about the visit will be sent to applicants via email and SMS.
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Step 2: Candidates must come to the DRCC on the designated day and give the Multi-Purpose Assistant (MPA) the self-attested papers for verification.
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Step 3: Following a successful verification, the DRCC will notify the applicants via email and SMS once the bank has approved the loan. To obtain the Bihar Student Credit Card and the loan sanction letter, applicants must go to the DRCC.
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Step 4: After obtaining their credit card and loan sanction letter, the students must finish the bank's document requirements.
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Step 5: After disbursing the loan, the bank will notify the DRCC.
Documents Needed for a Student Credit Card in Bihar
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Aadhaar card of applicant
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PAN card of applicant
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Mark sheet and certificate of 10th and 12th
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Copies of the letter conferring scholarship (if any)
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Approved course structure
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Admission proof
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Fee schedule
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2 Photographs of Student/Parents/Guarantor
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Family Income certificate/Form 16 from the previous year
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Income tax return for the last 2 years
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Bank statement for the last 6 months
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Residency proof (Passport/ID/driving license/Voter ID)
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Tax receipt
Verify the Bihar Student Credit Card's Status
Students may check the progress of their application by entering their date of birth, Aadhaar number, and Registration ID/Aadhaar Card Number on the Application progress page.
Benefit Distribution
The student's account receives a direct transfer of the approved loan amount.
Why KCC Institute of Technology and Management in Greater Noida the best option to apply through the BSCC scheme?
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Offers B.Tech, BCA, BBA, MBA, and other courses
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Assists students with their Bihar student credit card applications
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A supportive learning environment
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Emphasize placements and skill development
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Particular assistance for students with lower incomes
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Strong ties with 10 major nationalized and centralized banks, including SBI, PNB, BOB, Canara Bank, Indian Bank, CBI, IOB, UCO Bank, etc.
With financial assistance through this program, KCC ITM is an excellent option if you want to pursue a career in Engineering or Management.
Read more :
List of Eligible courses under the BSCC Scheme
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S. NO.
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Name of Course
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S.NO.
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Name of Course
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1
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B.A. / B.Sc. / B.Com. (All Subjects)
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22
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Bachelor of Unani Medicine & Surgery (B.U.M.S.)
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2
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M.A. / M.Sc. / M.Com. (All Subjects)
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23
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Bachelor of Homeopathic Medicine & Surgery (B.H.M.S.)
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3
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Aalim
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24
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Bachelor of Dental Surgery (B.D.S.)
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4
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Shashtri
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25
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General Nursing Midwifery (G.N.M.)
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5
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Bachelor of Computer Applications (B.C.A.)
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26
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Bachelor of Physiotherapy
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6
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Master of Computer Applications (M.C.A.)
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27
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Bachelor of Occupational Therapy
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7
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B.Sc. (Information Technology / Computer Application / Computer Science)
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28
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Diploma in Food, Nutrition / Dietetics
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8
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B.Sc. (Agriculture)
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29
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Bachelor of Mass Communication / Mass Media / Journalism
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9
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B.Sc. (Library Science)
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30
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B.Sc. in Fashion Technology / Designing / Apparel Designing / Footwear Designing
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10
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Bachelor of Hotel Management & Catering Technology (B.H.M.C.T.)
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31
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Bachelor of Architecture
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11
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B.Tech / B.E. (Lateral Entry – Diploma holders approved by State Technical Education Council)
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32
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Bachelor of Physical Education (B.P.Ed.)
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12
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Hotel Management and Catering Technology
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33
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M.Sc. / M.Tech Integrated Course
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13
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Hospital and Hotel Management
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34
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Diploma in Food Processing / Food Production
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14
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Diploma in Hotel Management (Three-Year I.H.M. Course)
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35
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Diploma in Food & Beverage Services
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15
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Bachelor in Yoga (Entry Level +2 Pass)
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36
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B.A. / B.Sc. – B.Ed. (Integrated Course)
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16
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B.Tech / B.E. / B.Sc. (Engineering – All Branches)
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37
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Bachelor of Business Administration (B.B.A.)
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17
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M.B.B.S.
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38
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Master of Business Administration (M.B.A.)
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18
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B.Sc. (Nursing)
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39
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Bachelor of Fine Arts (B.F.A.)
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19
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Bachelor of Pharmacy
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40
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BL / LLB (5-Year Integrated Course)
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20
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Bachelor of Veterinary Medicine & Surgery (B.V.M.S.)
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41
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Degree / Diploma in Aeronautical, Pilot Training, Shipping
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21
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Bachelor of Ayurveda, Medicine & Surgery (B.A.M.S.)
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42
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Polytechnic
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In conclusion
Higher education is now more accessible and inexpensive for students because of the Bihar Student Credit Card scheme. With the use of the card, students may choose from a variety of professional, technical, and general courses. Convenience is increased by the fund's various use and payment choices.
FAQs for How to Apply for BSCC Scheme
Q1. What level of education is necessary to be eligible for the Student Credit Card Program?
To be eligible, applicant pupils must have completed the 12th grade.
Q2. What advantages does the Student Credit Card Program offer?
The Student Credit Card Scheme offers various repayment options for loans up to ₹4 lakhs.
Q3. Does the Bihar Student Credit Card apply to students from other states?
No, the Student Credit Card is exclusively available to students from Bihar.
Q4. What is the Student Credit Card Scheme's maximum age eligibility?
The Student Credit Card Scheme's maximum qualifying age is 25.
Q5. Can I use a student credit card from Bihar to purchase a laptop?
Yes, you may use your student credit card to purchase a laptop.