Bihar Student Credit Card Scheme

Bihar student credit card scheme was launched on the occasion of Gandhi Jayanti on 2nd October, 2016. Under this scheme, an education loan of Rs. 4 lacs will be provided to every 12th pass students, willing to go for higher education who otherwise is deprived due to financial reasons. Under this scheme, loan will be provided to cover livelihood and expenditure to be incurred on their education, cover their tuition fee of the institution (including hostel) and even for rented accommodation in case of non availability of hostel.

Beneficiary:

The loan will be available for higher education in general courses like B.A/B.Sc and professional/ technical courses like engineering / medical/ management/ law.

Benefits:

This scheme will be beneficial for students deprived of higher education due to financial constraints.