Bihar Student Credit Card Scheme
Bihar Student Credit Card Scheme (BSCC)
The Bihar Government has introduced the Bihar Student Credit Card Scheme (BSCC) to facilitate financial assistance for students pursuing higher education. This initiative aims to empower students by providing them with the necessary funds to achieve their educational aspirations, ensuring that financial constraints do not hinder their academic goals.
Overview of the Scheme
The Bihar Student Credit Card Scheme is an initiative by the Department of Education, designed to support students in completing their higher education. Under this scheme, eligible candidates can obtain loans up to ₹4 lakh at a minimal interest rate. These funds can be utilized to cover various educational expenses, including tuition fees for courses such as B.Sc, B.A, B.Tech, or MBBS. The program primarily targets students who wish to continue their education but face financial hurdles.
Advantages of the Scheme
Students who qualify for the Bihar Student Credit Card Scheme can enjoy several benefits:
- Loan Amount: Access to a maximum loan of ₹4 lakh.
- Course Coverage: Loans are available for polytechnic, technical, and general education courses.
- Expense Utilization: Funds can be used to purchase books, laptops, or to pay various fees.
- Repayment Terms: Loan repayment begins after the completion of the course and upon securing employment.
- Interest Rate: A concessional interest rate of 1% is available for Divyang, transgender, and female students.
- Flexible Recovery: The repayment process is adaptable, reflecting the government-backed nature of the loan.
Eligibility Requirements
To qualify for the Bihar Student Credit Card Scheme, applicants must meet the following criteria:
- The applicant must be a resident of Bihar.
- Applicants should be at least 25 years old.
- A minimum of Class 12th pass is required.
- The applicant must secure admission in a recognized educational institution.
- Completion of the entire course is mandatory to be eligible for loan repayment.
Steps to Apply Online
Interested candidates can apply for the Bihar Student Credit Card Scheme by following these steps:
- Visit the official website at 7nishchay-yuvaupmission.bihar.gov.in.
- Click on the ‘New Applicant Registration’ option.
- Enter your details, including name, email ID, mobile number, Aadhaar number, and OTP, then click ‘Submit’.
- Once registered successfully, you will receive a username and password via email and SMS.
- Log in to the website using your username and password.
- Complete the ‘Personal Information Page’ and click ‘Submit’.
- Choose the ‘BSCC’ option from the dropdown menu and click ‘Apply’.
- Fill out the BSCC application form and submit it. A confirmation message along with an acknowledgement number will appear.
- The District Registration and Counseling Center (DRCC) will contact you via email and SMS to schedule an appointment.
- Visit the DRCC with self-attested documents for verification by the Multi-Purpose Assistant (MPA).
- Following verification and loan sanction by the bank, you will receive an SMS and email regarding the collection of your ‘Student Credit Card’ and loan sanction letter.
- After collecting your documents from the DRCC, visit the bank to finalize the required documentation.
- The loan will be disbursed by the bank, and the officials will update the DRCC regarding the disbursement status.
- Applicants can monitor their application status at 7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus.
Resources and Additional Information
For further details regarding the Bihar Student Credit Card Scheme, you can visit the official source at myScheme.gov.in.
Benefits
The eligible students will get the following benefits under this scheme:-
A maximum loan amount of ₹4 lakh.
Loan can be availed for polytechnic, technical and general courses.
This assistance may be utilized for purchasing of books and laptops or pay any kind of fees.
Repayment of the loan starts once the course has been completed and student have secured a job.
The interest rate of the loan is 1% for Divyang, transgender, and girl students.
The recovery procedures are flexible since the loan is government-owned.
Application Process
Apply Online
Apply Now →
Visit https://www.7nishchay-yuvaupmission.bihar.gov.in/
website.
Click the ‘New Applicant Registration’ button.
Fill the details, such as name, email ID, mobile number, Aadhaar number, and OTP and click the ‘Submit’ button.
A successful registration message will be displayed, and the applicants will receive the username and password by email and SMS.
Visit the https://www.7nishchay-yuvaupmission.bihar.gov.in/
website and log in using the username and password.
Fill the details on the ‘Personal Information Page’ and click the ‘Submit’ button.
Selects the ‘BSCC’ option from the drop-down list and click the ‘Apply’ button.
Fill in the details on the BSCC form and submit it. A confirmation message and the acknowledgement number will be displayed.
The respective District Registration and Counseling Center (DRCC) will schedule an appointment and send an email and SMS informing the applicant about the date of the visit to the DRCC.
The applicant should visit the DRCC with self-attested documents and submit them to the Multi-Purpose Assistant (MPA) for verification.
After verification by the concerned authorities and loan sanction by the bank, the DRCC will send an SMS and email to the applicant informing the date the applicant should visit the DRCC to collect the ‘Student Credit Card’ and sanction letter of the loan.
The applicant should visit the bank to complete the documentation formalities after collecting the ‘Student Credit Card’ and the bank’s sanction letter from the DRCC.
The applicant will get the loan disbursement from the bank, and bank officials will inform the same to the DRCC.
The applicants can also track their application status on https://www.7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus
.
Frequently Asked Questions
References & Official Links
Scheme Details
| Full Name | Bihar Student Credit Card Scheme |
| Short Title | BSCCS |
| Level | State |
| Scheme For | Individual |
| Categories | Education & Learning, Social welfare & Empowerment |
| States | Bihar |
| Gender | Transgender |
| Age Range | 25 — Any years |
| Caste/Category | SC, PwD |
| Area | Both |
| Source | www.myscheme.gov.in ↗ |
Pragati
Deepika Raikwar is an Education Analyst and scholarship researcher who focuses on public welfare and merit-based scholarships. She simplifies complex eligibility rules, deadlines, and application processes to help common people access reliable funding opportunities worldwide.
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