Advanced education is costly, and numerous understudies in Bihar battle with monetary issues. The Bihar Student Credit Card Scheme is an administration drive to assist understudies with defeating this obstruction. This plan gives up to ₹4 lakh as an instruction credit.
Understudies can involve this sum for educational expenses, lodging charges, and other scholastic costs. The public authority goes about as an underwriter, making it simpler to get credits without insurance. If you have any desire to know how to apply, the advantages, and reimbursement choices, continue to peruse.
What is Bihar Student Credit card?
The Bihar Student Credit card is a monetary guide plot sent off by the Bihar government. It upholds understudies who can’t bear the cost of advanced education.
The plan offers a credit of up to ₹4 lakh without requiring any property or insurance.This amount can be used for courses in government-approved institutions. The repayment is flexible, ensuring that students can repay after completing their studies.
Key Features of Bihar Student Credit Card
This scheme provides many benefits to students. Below are the key highlights:
| Feature | Details |
| Scheme Name | Bihar Student Credit Card |
| Introduced By | Bihar Government |
| Loan Amount | Up to ₹4 lakh |
| Eligibility | Bihar students in higher education |
| Application Mode | Online & Offline |
| Repayment | Flexible after course completion |
This scheme ensures financial support for students pursuing professional courses.
Eligibility Criteria
Not all students can apply for this scheme. There are specific conditions that applicants must meet.
- The student must be a permanent resident of Bihar.
- The applicant must be below 25 years old.
- Must have completed Class 12 from a recognized board.
- Should have secured admission in an approved college/university.
- The loan amount must be used only for educational purposes.
Students who meet these criteria can apply without any issues.
Bihar Student Credit Card College List
Not all colleges are covered under this scheme. The Bihar Student Credit Card College List includes many recognized institutions.
Some of the approved colleges under this scheme are:
- Patna University, Patna
- Aryabhatta Knowledge University, Patna
- Magadh University, Bodh Gaya
- Lalit Narayan Mithila University, Darbhanga
- Bhagalpur University, Bhagalpur
- NIT Patna
- BIT Patna
- AIIMS Patna
Students should check the complete list on the official website before applying.
Documents Required for Bihar Student Credit Card
Applying for the Bihar Student Credit Card requires proper documentation. Make sure you have all the required documents before applying.
| Document Type | Required Documents |
| Identity Proof | Aadhar Card, PAN Card |
| Address Proof | Voter ID, Ration Card, Electricity Bill |
| Education Proof | 10th & 12th Marksheet |
| College Admission Proof | Admission Letter |
| Financial Proof | Parent’s Income Certificate |
| Banking Details | Student’s Bank Passbook |
| Photographs | 2 Passport-size Photos of Student & Parents |
| Bank Statement | Last 6 months’ bank statement of parents |
Uploading clear and valid documents ensures faster approval of the application.
How to Apply for Bihar Student Credit Card?
Applying for the Bihar Student Credit Card is simple. Students can apply both online and offline.
Online Application Process
- Visit the official website – Go to ekalyan.bih.nic.in.
- Register as a new applicant – Click on “New Registration” and enter your details.
- Verify with OTP – Enter the OTP received on your registered mobile.
- Select Scheme – Choose “Bihar Student Credit Card” from the list.
- Fill Application Form – Enter personal, academic, and bank details.
- Upload Documents – Scan and upload all necessary documents.
- Submit the Application – Review and submit the form.
- Save Application Number – Use this to track your status.
Offline Application Process
- Visit the nearest DRCC Center in Bihar.
- Collect the application form and fill it out completely.
- Attach photocopies of required documents.
- Submit the form at the DRCC office for verification.
- Once verified, the loan will be processed.
Following these steps ensures smooth application approval.
Loan Repayment Process for Bihar Student Credit Card
The repayment of the Bihar Student CC is simple. The scheme provides flexibility so that students can repay easily.
- Students get a one-year grace period after completing the course.
- If employed, repayment starts six months after getting a job.
- If unemployed, students get an interest-free period of one year.
- The loan is repaid through easy monthly installments.
This flexible repayment ensures that students are not burdened financially.
Benefits of Bihar Student Credit Card Scheme
This scheme offers several advantages to students. Below are the key benefits:
| Benefit | Description |
| No Collateral Required | No need for property or security. |
| High Loan Amount | Up to ₹4 lakh for higher studies. |
| Low-Interest Rate | The interest is much lower than normal education loans. |
| Flexible Repayment | Repayment starts after course completion. |
| Easy Application Process | Apply online or offline conveniently. |
This scheme ensures financial freedom for students to complete their education.
Common Mistakes to Avoid While Applying
Many students make mistakes that delay their application approval. Here are some common mistakes to avoid:
- Entering incorrect personal details – Always double-check your details.
- Uploading unclear documents – Ensure that all documents are valid and clear.
- Providing incorrect bank details – Wrong details can delay loan disbursement.
- Not saving the application number – This is needed to track your status.
Avoiding these mistakes will speed up your application process.
Conclusion
The Bihar Student Credit Card scheme is a fantastic opportunity for students in Bihar. It provides financial assistance of up to ₹4 lakh without requiring any collateral. The flexible repayment options make it easier for students to manage their finances after completing their education.
If you meet the eligibility criteria, don’t miss this opportunity. Apply today and move toward your instructive objectives. The Bihar government has made advanced education more open and reasonable through this drive.
FAQs
Q1. Who is qualified for the Bihar Understudy Mastercard?
Ans. Understudies who are occupants of Bihar, have passed Class 12, and have gotten confirmation in a perceived school.
Q2. How much credit might I at any point get under this plan?
Ans. Understudies can get up to ₹4 lakh for their advanced education.
Q3. How might I really take a look at my application status?
Ans. Visit the authority site and enter your application number to actually take a look at the status.
Q4. Will understudies concentrating on external Bihar apply?
Ans. Indeed, assuming that the foundation is perceived by the Bihar government.
Q5. What is the financing cost for this credit?
Ans. The plan offers a low-financing cost, with a without interest period at times.
Read More Blogs 🙂
Leave a Reply