Bhabishyat Credit Card Scheme (WBBCCS)

This government scheme offers several benefits for new micro-business owners:

• Substantial Loan Amount

It provides support of up to ₹5 Lakhs for individuals who wish to start a business but lack sufficient funds.

• No Requirement of Collateral

Eligible individuals can access loans without pledging any asset as collateral under the scheme.

• Government Subsidy

The government provides a subsidy of 10% of the project cost, up to a maximum of ₹25,000.

• Bank Loan

The bank loan covers the approved project cost minus the government subsidy, with an interest rate of 4% per year, subsidised by the government.

• Guarantee Coverage

The bank loan is fully covered (100%) by the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and the Government of West Bengal.

The West Bengal Bhabishyat Credit Card Scheme has simple eligibility criteria to ensure that most people can receive financial assistance. To apply for the scheme, you need to:

• Be a citizen of India and a resident of West Bengal for the past 10 years

• Be a worker aged between 18 and 55 years (including building and other construction workers, and motor transport workers)

• Ensure that only one person from a family (self and spouse) is eligible for the loan

 

Employees of the government or government undertakings are not eligible for the scheme. You will also not be eligible if you are a defaulter borrower at any financial institution or bank.

When applying for the West Bengal Bhabishyat Credit Card Scheme, you need to provide certain essential documents. These are required to verify your eligibility and process the application smoothly. 

 

Some mandatory documents that you need to submit or upload during application include:

• PAN Card

• Aadhaar Card

• Residential proof

• Detailed Project Report

• Udyam Registration Certificate

You can apply for the scheme both online and offline. 

Online Method

To apply online, follow these steps:

1. Go to the official website of the West Bengal Bhabishyat Credit Card Scheme (WBBCCS): https://bccs.wb.gov.in/

2. Scroll down slightly to find the 'Apply Online' button on the right side

3. Enter your username/email/mobile number and password

4. Type in the image code and click on ‘Sign In’

5. Locate the West Bengal Bhabishyat Credit Card Scheme and open it

6. Open the application form and complete it with the required details

7. Submit all necessary documents to complete the application process

 

The bank will verify your eligibility criteria and documents for authentication and approve or reject the application.

Offline Method

For offline applications, assistance is available from the following:

• Block Development Office

• Bangla Sahayata Kendra (BSK)

• Municipality Office

• Borough Office

• District Industries Centres

The Bhabishyat Credit Card Scheme (WBBCCS) is open for online applications following its launch across the state. The government is providing financial support to help individuals start their businesses. 

 

This initiative aims to empower youth by offering easy access to credit for entrepreneurial ventures. It is an important step towards fostering a self-reliant and thriving economy.