WBSCCS

West Bengal Student Credit Card Scheme

The West Bengal Student Credit Card Scheme, managed by the Higher Education Department, offers financial assistance to students in West Bengal, allowing them to pursue higher education without financial barriers. Eligible individuals can obtain loans up to ₹10,00,000 at a low interest rate of 4%, with flexible terms and no collateral requirements, ensuring access to quality education across various institutions and competitive exam coaching.

राज्य नकद

राज्य / केंद्र शासित प्रदेश: पश्चिम बंगाल

नोडल विभाग: Higher Education Department

योजना किसके लिए: Individual

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

योजना प्रारंभ तिथि: 2021-06-30

श्रेणियाँ: शिक्षा और अध्ययन

उप-श्रेणियाँ: Scholarships and student finance

लक्षित लाभार्थी: व्यक्तिगत

टैग: Financial Assistance, Education Loan, Higher Study

विवरण

This scheme is designed to support the students to pursue secondary, higher secondary, madrasah, undergraduate and post graduate studies including professional degree and other equivalent courses in any School, Madrasah, College, University and other affiliated institutes within and outside India. Students studying in various coaching institutions for appearing in different competitive examinations like Engineering, Medical, Law, IAS, IPS, WBCS etc, can also avail the loan under this scheme.

लाभ

  • Points 1. The Scheme provides a maximum loan of ₹10 00 000/- at a 4% simple annual interest rate after interest subvention. 1. The interest rate for loans up to ₹10 00 000/- is set at the prevailing 3-year MCLR of State Bank of India plus 1%
  • fixed at the time of sanction. 1. Students can access the loan at any point during their course of study. 1. Both the student and the parent/legal guardian must co-submit the loan application. 1. An agreement between the student parents/legal guardians and the bank will formalize the loan terms. Margin money: 1. Up to ₹4 00 000/-: Nil 1. Above ₹4 00 000/-: 5% 1. Scholarships/assistance ships included 1. Paid pro-rata as disbursements are made Security : 1. No unnecessary restrictions or collateral security 1. No security/collateral other than co-obligation of parents/legal guardians 1. State government to enter separate agreement with banks Insurance: 1. Life cover for student up to loan amount 1. Premium paid by student and debited from loan account Time limits: 1. The Higher Education Department and the School Education Department will communicate on loan sanctioning and disbursement process timeline after receiving approval from the competent authority

Points

  1. The Scheme provides a maximum loan of ₹10,00,000/- at a 4% simple annual interest rate after interest subvention.
  2. The interest rate for loans up to ₹10,00,000/- is set at the prevailing 3-year MCLR of State Bank of India plus 1%, fixed at the time of sanction.
  3. Students can access the loan at any point during their course of study.
  4. Both the student and the parent/legal guardian must co-submit the loan application.
  5. An agreement between the student, parents/legal guardians, and the bank will formalize the loan terms.

Margin money:

  1. Up to ₹4,00,000/-: Nil
  2. Above ₹4,00,000/-: 5%
  3. Scholarships/assistance ships included
  4. Paid pro-rata as disbursements are made

Security:

  1. No unnecessary restrictions or collateral security
  2. No security/collateral other than co-obligation of parents/legal guardians
  3. State government to enter separate agreement with banks

Insurance:

  1. Life cover for student up to loan amount
  2. Premium paid by student and debited from loan account

Time limits:

  1. The Higher Education Department and the School Education Department will communicate on loan sanctioning and disbursement process timeline after receiving approval from the competent authority.

पात्रता

  1. Indian citizen & resident of West Bengal for 10 years (self-declaration).
  2. Applicant should not be aged more than 40 years at application time.
  3. Applicant should enrolled in higher education programs within or outside the country in schools, madrasahs, colleges, universities, IITs, IIMs, IISc, IIESTs, ISIs, NLUs, AIIMSs, NITs, XLRI, BITS, SPA, NID, IIFTs, ICFAI Business School, etc. or studying in coaching institutes for various competitive exams such as Engineering, Medical, Law, IAS, IPS, WBCS, SSC, etc.

Note: Students upload progress reports after each semester/year.

आवेदन प्रक्रिया

Online

  1. Applicant have to visit the official website and click on "STUDENT CREDIT CARD"1. Now Click on “STUDENT REGISTRATION” option and select the one option from the following
  1. Provide the require details for online registration process and click on “Submit” button to generate user id and password.
  2. After completion of the registration process a unique id will be generated.
  3. Now with the credentials need to log in through clicking on “Student Login” button from the home page
  4. Here the candidate need to furnish their all details which can be accessed through the “Applicant Dashboard.”
  • Personal Details
  • Co-Borrower And Present Address Details
  • Permanent Address And Course & Income Details
  • Bank Details Of Students And Co-Borrower
  • Upload the required documents.
  1. Submit.

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

What is the key benefit of this scheme?
A maximum amount of ₹10,000,00/- loan can be availed at 4% simple rate of interest per annum, after interest subvention.
Where will the fund meant for Institutional payment be received?
Amount of loan to meet the expenses for course fee including tution fee and any other amount payable to the Institution will be remitted directly to the bank account of the concerned institution.
Where will the fund meant for non-institutional expenses including living cost for pursuing the course be received?
Amount of loan to meet the expenses for meeting the non-institutional expenses including living cost will be remitted to the registered bank account of the student.
Is there any age limit to apply for Student’s Credit Card Scheme?
Yes, the applying student should not be aged more than 40 (forty)years at the time of applying for loan.
Are students enrolled in integrated courses of recognized institutions eligible to apply?
Yes, students enrolled in integrated UG/PG courses are eligible to apply under Student Credit Card(SCC) scheme.
Are the Research Scholars/Research Associates/Post doctoral research students eligible to apply for Student Credit Card(SCC) scheme?
Yes, research scholars or research associates or a student pursuing post-doctoral research studies are eligible to apply for Student Credit Card(SCC) scheme.
Can the student apply anytime during the tenure of the course?
Yes, students can apply anytime during the tenure of the course
How to apply for this scheme?
Visit www.wb.gov.in or https://banglaruchchashiksha.wb.gov.in and click on "STUDENT CREDIT CARD" tab or Log in to https://wbscc.wb.gov.in
Whether the Photograph in Black & White is acceptable for applying online under the Scheme?
Only color photograph is required to be uploaded.
Can student get the loan only for the Indian Institutes ?
No, Student can get the loan also for Institutions Outside India.

संदर्भ

आवेदन करें

अभी आवेदन करें

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status