West Bengal Student Credit Card

Accessing quality education can be challenging because of rising costs, which is why the Government of West Bengal introduced the ‘Student Credit Card Scheme’. This is a collateral‑free education loan initiative that enables eligible students to borrow up to ₹10 Lakhs for their studies, subject to a nominal interest rate of 4% per annum.

The scheme covers recognised courses including secondary, higher secondary, undergraduate, postgraduate and professional programmes, both within India and abroad. Students can benefit from an easy online application process via the official portal, thereby making higher education more affordable and helping them embark on their academic and professional journeys with greater confidence.

Upon course completion or getting employed, the loan repayment starts, allowing the students to repay under manageable terms.

The West Bengal Student Credit Card is available to students who meet specific criteria. These include the following:

• The scheme is available for students up to the age of 40 years

• Applicants must be Indian citizens and residents of West Bengal for at least 10 years

• Eligible students include those enrolled in secondary, higher secondary, madrasahs, undergraduate, postgraduate, or professional courses in India or abroad

• The loan requires the co-obligation of parents or legal guardians

When applying, you will need to provide specific documents to streamline the process. Keeping these documents ready will ensure a quick and smooth application:

• Recent photo: Applicant’s and co‑borrower’s recent passport‑sized photographs

• Signatures: Signatures of the student and co‑borrower/guardian

• ID proof: Student’s Aadhaar Card and age proof

• Address proof: Address proof of co‑borrower/guardian

• Admission letter: Admission receipt and prospectus from the institution

• PAN: Student’s or Guardian’s PAN card or an undertaking if PAN is not available

• Mark‑sheet / certificate: Mark sheet or certificate of the last qualifying exam

Note: Additional documents related to your qualification, identity proof, and address may be required. Be sure to consult with the respective entity for a full list of documents needed.

To apply for the West Bengal Student Credit Card Scheme, follow these steps:

Registration Process

1. Visit the WBSCC website on wbscc.wb.gov.in and select 'Student Registration' option

2. Next, opt for either institutions in or outside India

3. Enter your personal details and create login credentials

4. Click on the ‘Register’ button and verify your account with the OTP sent to your mobile number

5. Use your credentials to proceed to the application process

Application Process

1. After registration, log in with your username and password on https://wbscc.wb.gov.in/Applicant_Login 

2. Enter the OTP that has been sent to your contact number

3. The dashboard will then be displayed, on which you can click the ‘Apply Now’ button on the bottom left of the screen.

4. Fill out the form with your personal, course, address, income and co-borrower details. Then click on the ‘Save and Continue’ button. 

5. Upload the required scanned documents, such as identification, admission receipt, and photographs

6. Review the form carefully before submitting the application

7. Once submitted, track your application status using your login credentials

The West Bengal Student Credit Card Scheme allows eligible students to borrow up to ₹10 Lakhs to fund higher education, including professional courses, in India or abroad. The loan is available at a simple interest rate of 4% per annum, and borrowers receive an additional 1% rebate if they fully service the interest while still studying.

Repayment begins after completion of the course or when the student secures employment, whichever occurs earlier. A moratorium period of one year is granted before regular repayments start. The full repayment tenure extends up to 15 years, including the moratorium period, providing significant flexibility for graduates to establish themselves before meeting repayment obligations.

Because the loan is collateral‑free (only the co‑obligation of a parent or guardian is required) and offered on favourable terms, it is designed to reduce financial barriers and let students focus on their academic and professional goals without undue debt pressure.

Selecting the right student credit card requires close attention to key factors like loan terms, EMI flexibility and co‑borrower commitments. Below are essential practical points to check before you apply:

• Compare loan terms thoroughly: Review interest rate, tenure, moratorium period and any rebates. By comparing options you can choose repayment conditions that fit your financial situation.

• Check EMI and repayment flexibility: Look for how easily the Equated Monthly Instalment (EMI) aligns with your expected future income, and whether the tenure is adjustable in case your job or earnings are delayed.

• Understand co‑borrower responsibilities: If a parent or guardian acts as co‑applicant, they share repayment liability; ensure both applicant and co‑borrower understand obligations and possible consequences.

• Review eligibility criteria carefully: Check age, residency, academic admission, income of co‑borrower and institution recognised status to avoid rejection or delays.

• Evaluate ease of repayment after course completion: Make sure the scheme allows a moratorium period, lets you begin repayments when you’re ready, and provides clear tracking of loan status.

To track your West Bengal Student Credit Card application, follow these simple steps to view updates on your application status:

1. Visit the WBSCC Portal

2. Use your registered username and password to log in to your account

3. Once logged in, find the "Track Application" option in your dashboard

4. View the current status of your application and check for any further updates or required actions

For support regarding the West Bengal Student Credit Card, you can connect with the dedicated customer care team in the following ways:

• Toll-free Number: 1800-102-8014

• Email Support: contactwbscc@gmail.com / support-wbscc@bangla.gov.in

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.