Student Credit Card Scheme: Check Eligibility, Important Documents and Method to Apply

To make youth of West Bengal self-reliant, Chief Minister, Mamata Banerjee launched ‘Student Credit Card Scheme’ on 30 June 2021. This scheme can be availed by anyone who has spent 10 years in the state, West Bengal.

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In the election manifesto for the year 2021 Assembly polls, the Trinamool Congress had promised a “Student Credit Card scheme with a limit of Rs. 10 lakhs at 4% interest”.

Features of Student Credit Card Scheme & Eligibility

• A student can avail a soft loan up to Rs. 10 lakhs to pursue their higher studies at 4% interest.

• Any person till the age of 40 years is eligible for the student credit card scheme.

• A student will get 15 years to repay the loan after getting job.

• The loan can be extended to the students who are studying in various coaching institutes to appear in national-level competitive exams, including IIMs, IITs, IAS, WBPS, NLUs, IPS among others.

• A student can take admission to abroad under the student credit card scheme to pursue courses of their choice up to post-doctoral level or Ph.D.

• The student credit card scheme covers education from Madhyamik level to professional courses including doctorate & post-doctorate research work in any recognized educational institute pan India or abroad.

• The Student Credit Card Scheme will be covering various institutional and non-institutional expenses to ensure that not even a single student of West Bengal is deprived of education due to a lack of monetary support.

Necessary Document to Apply for “West Bengal Student Credit Card Scheme”

• Ration Card

• Aadhar Card

• Age Proof

• Mobile Number

• Income Certificate

• Residence Certificate

• Bank Account Details

• Passport Size Photograph

For more details visit - https://wbscc.wb.gov.in/