Bihar Student Credit Card

Last Updated : April 6, 2022, 1:06 p.m.

Bihar Student Credit Card Scheme (BSCC) helps borrow a loan of up to INR 4 Lakh. The scheme was introduced in 2016 by the Bihar Government to increase the admissions of students for higher education. This scheme helps pursue courses such as B.Tech, M.B.B.S., B.Sc., and B.A. So if you’ve been having trouble with the admission process due to unavailability of funds, apply for the Bihar Student Credit Card scheme online. Read this page further to know more about this student loan scheme.

What are the Features of the Bihar Student Credit Card?

The following benefits are available to students under the Bihar Student Credit Card scheme.

Maximum Education Loan of INR 4 Lakh

You can borrow up to INR 4 Lakh and meet your educational needs with the Bihar Student Credit Card. Such an amount will be enough to cover the fees, book purchase, hostel fees, etc. So if you have completed the 12th standard and are doing entrance exams for college admission, apply for Bihar Student Credit Card for hassle-free admission.

Lowest Interest Rate

The state government will charge a reasonable rate of interest on your loan amount, such as –

4% simple interest
1% simple interest (for Women, Physically Handicapped and Transgender)

Bihar Student Credit Card Loan Waiver

The government has announced the waiver of education loans at the end of 2018. Many even call it Bihar Student Credit Card Loan Maaf. It is applicable if you have taken a Bihar Student Credit Card Loan for a professional course and haven’t found a job. However, if you get employment, you need to repay the loan in 82 easy installments.

Bihar Student Credit Card Course List is Long!

You can pursue any of the following educational courses using the Bihar Student Credit Card –

B.A., B.Sc., B. Com. (All Subjects)
Bachelor of Unani Medicine & Surgery (B.U.M.S)
M.A., M.Sc., M.Com (All Subjects)
Bachelor of Homeopathic Medicine & Surgery (B.H.M.S.)
Aalim
Bachelor of Dental Surgery (B.D.S.)
Shashtri
General Nursing Midwifery (G.N.M)
B.C.A.
Bachelor of Physiotherapy
M.C.A.
Bachelor of Occupational Therapy
B.Sc. (Information Technology/Computer Application/Computer Science)
Diploma in Food, Nutrition or Dietetics
B.Sc. (Agriculture).
Bachelor of Mass Communication/Mass Media/Journalism
B.Sc. (Library Science)
B.Sc. in Fashion Technology/Designing/Apparel Designing/Footwear Designing
Bachelor of Hotel Management & Catering Technology (B.H.M.C.T.)
Bachelor of Architecture
B.Tech or B.E. for laterally admitted candidates having a diploma degree of three years approved by the State Technical Education Council
Bachelor of Physical Education (B. P. Ed.)
Hotel Management and Catering Technology 32. M.Sc/M.Tech Integrated course
Hospital and Hotel Management
Diploma in Food Processing/ Food Production
Diploma in Hotel Management (Three Years) (I.H.M. Course)
Diploma in Food & Beverage Services
Bachelor in Yoga (Entry Level + 2 Pass)
B.A. or B.Sc.-B.Ed. (Integrated Courses)
B.Tech, B.E., B.Sc. (Engineering-all branches)
Bachelor of Business Administration (B.B.A.)
M.B.B.S.
Master of Business Administration (M.B.A.)
B.Sc. (Nursing)
Bachelor of Fine Arts (B.F.A.)
Bachelor of Pharmacy
BL or LLB (5-year Integrated Course)
Bachelor of Veterinary Medicine and Surgery (B.V.M.S.)
Degree or Diploma in Aeronautical, Pilot Training, Shipping
Bachelor of Ayurveda, Medicine and Surgery (B.A.M.S)
Polytechnic

If you’re pursuing any of the courses from Bihar Student Credit Card Course List, you can apply for the loan.

Check Out the Bihar Student Credit Card College List

You can pursue higher education at any of the following Bihar Student Credit Card College List –

Sir Ganesh Dutta Memorial College, Patna
Dwarka Nath College
FDDI Patna
Indian Institute Of Technology–Patna (IIT–Patna)
P L S college
PNK College
S B R College
R.P.S. Mahila College, Bailey Road, Patna
Chandradeo Prasad Verma College
BBMBG Kanya College

For the full list of colleges, visit the official website of the Bihar Govt. Nischay Yuva Mission.

Are You Eligible for Bihar Student Credit Card?

To apply for this Bihar government loan scheme, the students should meet the following criteria –

Living in Bihar
Age 25 years and more
Cleared the intermediate exam recognized by Bihar School Exam Committee
Cleared class 12th recognized by the Central Board of Secondary Education (CBSE) or any other board
Bihar State Sanskrit Education Board recognized institutions for Sub-Shastri students
Bihar State Madrasa Board recognized institutes for Moulvi students. These types of educational institutes need to be located in Bihar.
Students who are also degree holders of one level won’t be covered for a degree of the same group under the Bihar Student Credit Card scheme. This Bihar Student Credit Card eligibility criterion is not applicable for the students of technical and management courses. This scheme is not for science graduate degree holders pursuing graduate-level courses in any other faculty of Arts, Science or Commerce. However, students are eligible for pursuing higher education under courses like MBA or MCA
Enrolling in pursuing higher education at educational institutions recognized by the Government of Bihar or other state or central governments.
Unique ID (UID) or Aadhaar card number
Permanent Account Number (PAN)

List of Documents for Bihar Student Credit Card

To do Bihar Student Credit Card Apply, you need the following –

Duly filled application form
Aadhaar Card of applicant and co-applicant
Copy of PAN card of the student and co‐applicant
10th and 12th certificate and mark sheet
Scholarship copy (if any)
Document e
Approved course structure
Admission proof
Fee schedule
Two passport size photographs of students, parents, and the guarantor
Last year’s income certificate or Form 16
Previous two years’ ITR
Last six months’ bank statement
Passport, Voter ID or Driving License as address proof
Tax Receipt

Bihar Student Credit Card Online Apply Process

Now that you know the Bihar Student Credit Card eligibility , let’s check out the loan application process –

Step 1 Registration

You can create a free account by following these steps –

Visit the official website of the Nischay Yuva Mission
Click on ‘New Registration’
Enter Name, Mobile Number and Email ID
Click on the ‘Send OTP’ button
Now, you’ll receive an OTP message on the email ID and mobile number
Insert the OTP
Click on the ‘Submit’ button
A confirmation message will show on your screen
Confirm your details if the same is correct

Step 2 Log in

After successful registration, you’ll receive an SMS or email containing your username and password. Now, follow the instructions of Bihar Student Credit Card Online Apply process.

Log in to your account
After that, change the password
Fill in your details on the ‘Personal Information’ page
Fill in the information
Click on the ‘Submit’ button
A confirmation message shows
Click on the ‘Ok’ button to confirm your details
Click on ‘Next
You’ll be redirected to the schemes page where you need to select one of the schemes from the drop-down menu to apply. Click on ‘Bihar Student Credit Card’

Step 3 Insert Co-applicant Information

On the BSCC page, you need to fill in detailed information about co‐applicants, such as

Personal information – Name, address, mobile number, etc.
Financial/Income information – Bank statement, ITR, Form 16, salary slip
Employment Details – Salary slip, ID card issued by the employer
Details of securities offered, if any – FDs, National Saving Certificates, etc.
Details of Course/Study, for which loan is sought – Bihar Student Credit Card for MBA, BA, MSC, etc.
The financial worth of Co‐applicant – Property in India, investments, savings, etc.
Details of the existing loan – Loan amount, interest rate, paid EMIs, remaining EMIs, lender
Preferred payment terms – Choose the tenure you’re comfortable with and the mode of payment

Important Notes

The first section of the application form needs to be filled in for co‐applicants. These include their names along with the names of their parents, address, etc. You need to navigate through different tabs to fill in the above-mentioned information
In case you cannot fill the form in one go, with the option of ‘save draft’, you can complete the application later
At the last TAB, you can see the option of ‘submit’. Once you click on the button, the system will show a preview of all the entries made by you.
A warning message will also pop up

”You can’t edit any information, post submission of the application. Please verify the information before finally submitting it. If you want to submit the application, click on ‘YES’, otherwise click on ‘No’

Now, a confirmation message is shown and a PDF copy of the acknowledgment will be displayed. You can download the acknowledgment or print the same. Also, you’ll receive an SMS that will have the registration ID.

After that, the manager of the respective District Registration and Counseling Center (DRCC) schedules an appointment. Accordingly, you’ll receive an email and SMS mentioning the date to visit DRCC. On the allocated date, visit DRCC with a self-attested photocopy of the required documents.

Remaining Formalities to Ensure

Visit the bank for completing the documentation formalities by following the below steps –

Go to the counter and submit the documents to the Multi-purpose Assistant (MPA) for verification
The MPA will authenticate the applicant through Aadhaar and check other details
The MPA scans the documents and captures your photograph
Upon completion, the MPA will give an acknowledgment slip
After verification by MPA, the data will be passed to Assistant Manager
Post verification by Asst. Manager, the data will be sent to the Third-party Verification Agency
After a successful verification report by the Third-party Administrator (TPA) within 15 days, the Assistant Manager will forward your loan application to the Nominated officer from the Education Department. And they will forward the application to the concerned bank
A confirmation of the education loan is sent to DRCC by the Bank
Now, they’ll upload the sanction letter within 15 days
You’ll get an SMS and email from the bank and DRCC informing you about the date on which you need to visit the latter’s office to collect the Student Credit Card and sanction letter of your education loan.

How to Track Your Application?

You can track your loan application status by giving a call to Bihar Student Credit Card toll-free number (1800 3456 444) or by visiting the website of Nischay Yuva Mission.