The Bihar Student Credit Card Scheme (BSCC) was launched by the Department of Education, Government of Bihar to provide financial assistance to students pursuing higher education. Under this scheme, eligible students can avail themselves of an educational loan up to ₹4 lakh at low-interest rates for courses such as B.Sc, B.A, B.Tech, MBBS, and more.
The scheme aims to support students who lack financial resources but aspire to continue their education.
Benefits
- Financial Aid: Students can get a maximum loan amount of ₹4 lakh.
- Loan Coverage: Can be used for polytechnic, technical, and general courses.
- Usage Flexibility: Funds can be utilized for tuition fees, books, laptops, and other academic expenses.
- The Bihar Student Credit Card Scheme has a simple interest rate of 4% per year. This is lower than the 6–14% interest rate charged by banks for educational loans
- Repayment Flexibility:
- Loan repayment starts only after course completion and securing a job.
- 1% interest rate for Divyang (disabled), transgender, and girl students.
- The loan recovery process is flexible since it is government-backed.
Eligibility Criteria
- The applicant must be a resident of Bihar.
- The applicant must be at least 25 years old.
- The applicant must have passed the 12th standard (Class 12).
- The applicant must have secured admission to a recognized institution.
- The applicant must complete the entire course for which the loan is availed.
Application Process
Online Application
- Visit the official website:
https://www.7nishchay-yuvaupmission.bihar.gov.in/ - Click ‘New Applicant Registration’.
- Fill in the required details (Name, Email ID, Mobile Number, Aadhaar Number, OTP).
- Click ‘Submit’. You will receive a username and password via Email and SMS.
- Log in to the portal using the provided credentials.
- Fill out the Personal Information Page and click ‘Submit’.
- Select ‘BSCC’ (Bihar Student Credit Card) from the dropdown menu and click ‘Apply’.
- Fill out the BSCC application form and submit it. You will receive a confirmation message and an acknowledgment number.
- The District Registration and Counseling Center (DRCC) will schedule an appointment for document verification and notify the applicant via Email and SMS.
- The applicant should visit the DRCC office with self-attested documents for verification.
- After verification and loan approval by the bank, the DRCC will issue a Student Credit Card and a sanction letter.
- The applicant should visit the bank to complete the loan documentation process.
- The bank will disburse the loan amount, and confirmation will be sent to the DRCC.
Application Tracking
- Applicants can track their application status at:
https://www.7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus
Documents Required
- Filled Common Application Form
- Aadhaar Card
- PAN Card
- 10th & 12th Marksheet and Certificates
- Proof of Admission (Admission Letter from Institution)
- Approved Course Structure
- Fee Schedule (Institution-provided fee details)
- Recent Passport-size Photograph
- Previous Year’s Income Certificate
- Last Two Years’ Income Tax Return (If applicable)
- Bank Statement (Last Six Months)
- Proof of Residence (Voter ID, Passport, Driving License, or Ration Card)
- Tax Receipt (If applicable)
- Scholarship Proof (If any applicable scholarships are awarded)
Frequently Asked Questions (FAQs)
Q: What is the Bihar Student Credit Card Scheme?
The BSCC scheme is a government-backed educational loan program that provides financial aid to students pursuing higher education.
Q: Who can apply for the scheme?
Any student who is a resident of Bihar, has completed 12th grade, and has been admitted to an authorized course in a recognized institution can apply.
Q: What is the maximum loan amount under the BSCC scheme?
Eligible students can avail themselves of a loan of up to ₹4 lakh.
Q: How is the loan amount utilized?
The loan covers tuition fees, books, laptops, and other educational expenses.
Q: What documents are required for submission?
Students need to submit their Aadhaar card, PAN card, 10th & 12th mark sheets, proof of admission, fee schedule, income certificate, and residence proof.
Q: Can students from other states apply for this scheme?
No, only Bihar residents are eligible for this scheme.
Q: What is the minimum educational qualification required?
Students must have passed the 12th standard to be eligible for the loan.
Q: Is there an age limit for applying?
The minimum age is 25 years. There is no upper age limit specified.
Q: When does the loan repayment begin?
Loan repayment starts only after the completion of the course and securing a job.