MNSSBY Bihar Student Credit Card Scheme 2026

The Bihar Government revised the Bihar Student Credit Card Scheme in September 2025. Students can continue to avail education loans of up to ₹4 Lakhs for approved higher education courses, but the loan is now interest-free for all applicants, replacing the earlier structure of 4% for general students and 1% for girls, transgender, and Divyang students. Repayment tenure has also been extended: loans up to ₹2 Lakhs are repayable in up to 84 monthly instalments over 7 years, and loans above ₹2 Lakhs in up to 120 instalments over 10 years, with repayment starting one year after course completion or six months after the student takes up employment, whichever comes first.

Note: The information provided above is based on the latest publicly available scheme updates and is subject to change as per notifications issued by the Government of Bihar. Applicants should verify the current eligibility, interest rate, loan amount, and repayment terms on the official MNSSBY portal before applying.

The Bihar Student Credit Card Scheme (BSCC) is a flagship higher-education financing initiative of the Government of Bihar. The scheme helps eligible students pursue higher education by providing financial assistance in the form of an education loan for approved academic, professional, and technical courses. 

Key Highlights

• Maximum Loan Amount: Up to ₹4 Lakhs

• Interest Rate: Interest-free for all applicants since September 2025, when the Government of Bihar withdrew the earlier rates of 4% for general students and 1% for girls, Divyang, and transgender students

• Eligibility: Permanent residents of Bihar who have passed Class 12 or an equivalent examination (Class 10 for polytechnic courses) and secured admission to a recognised institution, with an age limit of generally 25 years at the time of application and course-related conditions as specified in the scheme

• Purpose: To cover eligible higher-education expenses such as tuition fees, hostel charges, books and study materials, laptops, examination fees, and other approved costs

• Repayment: Loans up to ₹2 Lakhs are repayable in up to 84 monthly instalments and loans above ₹2 Lakhs in up to 120 instalments, with repayment beginning one year after course completion or six months after securing employment, whichever is earlier
   

Note: The Bihar Student Credit Card Scheme is intended to make higher education more accessible for eligible Bihar students by providing financial assistance for approved academic and related educational expenses. Loan amount, eligibility, covered expenses, and other benefits are subject to applicable scheme guidelines and approval.

To qualify for the Bihar Student Credit Card Yojana, you must meet the following eligibility criteria:

• Must be a permanent resident of Bihar.

• Proof of residency (Aadhar card, voter ID, etc.) required.

• Must have passed the 12th grade (or equivalent) from a recognised board.

• Age: Applicant should not be older than 25 years at the time of application.

• Must have secured admission in a higher education institution recognised by AICTE, UGC, or other relevant regulatory bodies.

Below is the list of documents required to apply for credit card online for the Bihar Student Credit Card:

• Duly filled common application form

• PAN card of the co-applicant and the applicant

• Copies of letters granting scholarship

• Approved course structure

• Fee schedule

• Income certificate from previous year/Form 16

• Bank statement for last six months

• Tax receipt

• Aadhaar card of the co-applicant and the applicant

• 10th and 12th standard marks cards of the applicant

• Admission proof

• Photographs of the student/parents/guarantor - 2

• Income tax returns for last two years

• Address proof

The Bihar Student Credit Card Scheme (BSCC) helps eligible students from Bihar pursue higher education by financing approved courses and related expenses without requiring collateral or a guarantor. Key features of the scheme include:

• Loan Amount: Eligible students can avail an education loan of up to ₹4 Lakhs.

• Wide Course Coverage: The loan can be used for approved general, professional, technical, and polytechnic courses, including engineering, medicine, nursing, management, BA, BSc, and BCom programmes.

• Coverage of Educational Expenses: Funds can be used for tuition fees, hostel charges or room rent, books and study materials, laptop purchase, examination fees, and other approved education-related costs.

• Interest-Free Loan: Following the Bihar Cabinet decision of September 2025, the loan carries no interest for any category of student, so only the principal amount is repaid.

• Moratorium Period: Repayment begins one year after course completion or six months after the student secures employment, whichever is earlier.

• Extended Repayment Tenure: Loans up to ₹2 Lakhs are repayable over 7 years in 84 monthly instalments, while loans above ₹2 Lakhs are repayable over 10 years in 120 instalments.

• Accessible Financing: The scheme is intended for students from Bihar who lack the means to fund higher education, with applications processed through District Registration cum Counselling Centres (DRCCs) and the MNSSBY portal.

Applying for a Bihar Student Credit Card is a simple online process through the MNSSBY portal. Using your MNSSBY student login, you can register, submit the application form, upload the required details, and track the status of your application from a single dashboard:

Step 1: Go to the official MNSSBY portal: [MNSSBY login](https://www.7nishchay-yuvaupmission.bihar.gov.in/).

Step 2: On the main page, find and click on the 'New Applicant Registration' option.

Step 3: Enter your first name, middle name, last name, email ID, Aadhaar number, and mobile number.

 Step 4: Click on 'Send OTP'.

Step 5: Enter the OTP received on your email ID and mobile number.

Step 6: After submitting the OTP, your registration will be complete.

Step 7: You will receive the login details via email and SMS.

Step 8: Return to the official MNSSBY website, enter the username, password, and captcha details and click on 'Login'.

Step 9: Change your password as prompted. Log in again with the new password.

Step 10: On the next page, enter your personal details.

Step 11: Under the 'Select Scheme' menu, choose the 'Bihar Student Credit Card' option.

Step 12: Enter the personal details of the applicant and co-applicant.

Step 13: Fill in the required financial and general details.

Step 14: You will receive an acknowledgement via email.

Note: Applicants can use their MNSSBY student login credentials to track application progress, verify submitted details, and access important updates related to the Bihar Student Credit Card scheme. Ensure that all information entered is accurate to avoid delays in processing.

Step 1: Application Review by Bank

After submitting your application, the bank evaluates your eligibility and verifies your documents. The approval process typically takes around 10–15 days.

Step 2: Loan Approval Notification
Once approved, you will receive an SMS or notification confirming your loan sanction.

Step 3: Visit DRCC Center
Applicants must visit the District Registration and Counselling Center (DRCC) to collect their Student Credit Card and sanction letter.

Step 4: Complete Bank Formalities
Finally, visit the assigned bank branch to complete documentation and receive the loan amount.

Note: Before proceeding to the DRCC Center, applicants are advised to ensure that their MNSSBY status reflects loan approval and all required documents are updated in the portal. This helps avoid delays during card issuance and subsequent bank formalities.

The Bihar Student Credit Card Yojana covers technical, professional, and general courses, including:

• Engineering

• Medical

• Management

• Law

• Other technical and vocational courses
   

Eligible courses for the Bihar Student Credit Card Scheme.

Students enrolled in approved colleges are eligible to apply for the Bihar Student Credit Card Scheme under the MNSSBY Bihar Student Credit Card Yojana.

which offers access to credit at a 0% interest rate. Those who qualify can receive financing of up to Rs.4 lakh at a 0% interest rate for diploma and degree courses. Repayment is required after completing the course, and applicants must have successfully completed 12th class to be eligible for this credit.  

Approved colleges for the Bihar Student Credit Card scheme.

If you have any queries regarding the Bihar Student Credit Card Scheme, you can contact the authorities for their resolution. 

• Helpline Number – 1800 3456 444

• Customer Care Email id - spmubscc@bihar.gov.in.