✓ Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card now! Check Eligibility

Fuel your academic aspirations with the MNSSBY Bihar Student Credit Card, a government initiative designed to bridge the gap between education and financial limitations. This student credit card offers loans up to ₹4 Lakhs at minimal interest rates, allowing you to focus on your studies without worrying about educational expenses.

Features and Benefits of Bihar Student Credit Card

Here are some of the perks of the Bihar Student Credit Card Scheme:

Applicable in 200+ Institutes

This credit card is valid at 200+ educational institutes in Bihar

High Loan Amount

You can get a loan of up to ₹4 Lakhs for your education

Easy Qualification Criterion

The minimum qualification requirement for this credit card is Standard 10

Low Interest Rate

The interest rate is only 4%*

No Guarantor Required

You do not need a guarantor to get this card

Applicable for any Bihar Student

Any student in Bihar can apply for this credit card

*Note:Women, transgender individuals, and individuals with disabilities get an interest rate of 1% only.

Eligibility Criteria

To qualify for this credit card, you must meet the following eligibility criteria:

  • You must be a student who has completed their 10th-grade

  • You must be a citizen of Bihar

Documentation

If you meet all the requirements on this eligibility checklist, you can apply for the loan by submitting the basic KYC documents. This may differ on case to case basis, hence, it is recommended to check while applying.

How to Register for the Bihar Student Credit Card

Here’s how you can register on their portal:

  1. Visit the Bihard Student Credit Card’s official website

  2. Click on ‘New Registration’

  3. Enter your name, mobile number, email address, and other details

  4. Submit the OTP sent to you

  5. Confirm that the details you entered are correct

 

You will receive a confirmation message with your login credentials.

How to Apply for a Bihar Student Credit Card

You can follow the steps given below in order to apply for this credit card:

  1. Go to the official portal of the Bihar Student Credit Card 

  2. Log in with your credentials

  3. Enter your personal details as requested on the screen

  4. Click on ‘Next’

  5. Select your preferred scheme

  6. Click on ‘Apply’

  7. Provide information about yourself and your co-applicant (if applicant is below 18 years of age)

  8. Review the details

  9. Submit the application

Bihar Student Credit Card Customer Care

You can call the authorities concerned on the following helpline number should you have any queries:

  • 1800-3456-444 

More About Payments & Other Credit Cards

IMPS

IMPS Fees & Charges

IMPS Limit

IMPS Timings

IMPS Transfer

NEFT

NEFT Fees & Charges

NEFT Limit

NEFT Timings

NEFT Transfer

RTGS

RTGS Fees & Charges

RTGS Limit

RTGS Timings

RTGS Transfer

NACH Mandate

NACH Mandate Fees & Charges

NACH Mandate Registration

NACH Mandate Form

NACH Mandate Cancellation

Kisan Credit Card

Kisan Credit Card Documents & Eligibility

Kisan Credit Card Limit

Kisan Credit Card Interest Rate

Kisan Credit Card Customer Care

Frequently Asked Questions

How can I use the Bihar Student Credit Card?

You can use the funds available under the Bihar Student Credit Card Scheme to pay your higher education fees. Moreover, you can also use the loan amount to purchase uniforms, books, and stationaries, pay for a hostel or other accommodation while studying, etc.

What is a 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.

How can I get a Bihar Student Credit Card?

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.

How can I check the status of my student credit card in Bihar?

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.

Who can apply for a Bihar Student Credit Card?

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.

How much loan can I get under the MNSSBY Bihar Student Credit Card Yojana?

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

Are there income-proof documents I need to submit while opting for Bihar Student Credit Card?

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

What are the age criteria for Bihar Student Credit Card?

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.

Can I use my Bihar Student Credit Card to buy a laptop?

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.

What is the interest rate charged on Bihar Student Credit Card?

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%.

Is there any moratorium period for repaying the loans on a Bihar Student Credit Card?

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. 

Can I apply for any other government-issued credit card for lower interest rates?

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%.

How much can I borrow through the Bihar Student Credit Card?

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

What can I use the Bihar Student Credit Card for?

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.

Which is the official website I need to visit to apply for the MNSSBY Bihar Student Credit Card Yojana?

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/.

Home
active_tab
Loan Offer
active_tab
Download App
active_tab
CIBIL Score
active_tab