MNSSBY Bihar Student Credit Card

Bihar Student Credit Card is offered by the Bihar Government for resident higher education students. The applicants can use the credit limit of ₹4 Lakhs on this card to fund their educational expenses, including fees, stationary, and accommodation.

As a new user, you can apply for a Bihar Student Credit Card Scheme by registering yourself to get the login credentials. Once you receive the login credentials on your registered contact, you can apply for a Bihar Student Credit Card.

You can check your Bihar Student Credit Card status online by logging into your account on the MNSSBY portal. Just enter the application number mentioned on the acknowledgement slip received after the completion of the application process.

You need to be a resident of Bihar and should have successfully cleared the 12th grade. Moreover, you need to be enrolled in any one of the courses mentioned in Annexure 3 as well as you must not be over 25 years old if you are pursuing a Bachelor’s course.

You can get a maximum amount of ₹4 Lakhs as a loan under the MNSSBY Bihar Student Credit Card Yojana.

No, you are not required to submit any income-related document proof to avail of the benefits of the Bihar Student Credit Card Scheme.

To get a Bihar Student Credit Card, you need to not be more than 25 years old if you are enrolled in a Bachelor’s program. On the other hand, the maximum age is 30 years if you are pursuing a Master’s course that requires an undergraduate degree as a basic eligibility requirement.

Yes. When you apply for a Bihar Student Credit Card, you’re eligible for a loan amount of up to ₹4 Lakhs. As a student, you can use this BSCC loan to buy a laptop to facilitate your education.  

In general, the credit line offered through the MNSSBY’s student credit card scheme can be used to purchase books, pay fees, or meet any other course requirement.

A simple interest rate of 4% is levied when you repay the loans against your student credit card. However, girls, transgender people, and students with disabilities need to pay only a preferential interest rate of 1%.

Yes, the moratorium period on Bihar Student Credit Card loans extends up to one year after the completion of your course or 6 months after the commencement of your job. 

Apart from Bihar, the West Bengal Government also offers Student Credit Cards with a credit line extending up to ₹10 Lakhs at a 4% interest rate.  

The Central Government, through various public sector banks, also provides Kisan Credit Cards that offer crop loans to farmers at rates ranging between 2-4%.

The Bihar Student Credit Card Scheme (BSCC Yojana) provides financial assistance of up to ₹4 Lakhs at minimal interest rates.

Students can use the funds provided under the Bihar Student Credit Card Scheme to finance their degrees in B.A., B.Sc., B. Tech., M.B.B.S. courses, etc.

You can apply for the MNSSBY Bihar Student Credit Card Yojana by visiting the Bihar Student Credit Card’s official website: https://www.7nishchay-yuvaupmission.bihar.gov.in/.