West Bengal Student Credit Card Scheme

The Higher Education department, Government of West Bengal has introduced the Student Credit Card Scheme for the students to enable them to pursue education without having any financial constraints.

This scheme is designed to support the students to pursue secondary, higher secondary, madrasah, undergraduate and post graduate studies including professional degree and other equivalent courses institutes within and outside India. 

Students studying in various coaching institutions for appearing in different competitive examinations like Engineering, Medical, Law, IAS, IPS, WBCS etc, can also avail the loan under this scheme. 

A student from West Bengal can obtain a maximum loan of Rs. 10 lakhs @ 4% per annum simple interest 

Loan from State Cooperative Bank and its affiliated Central Cooperative Banks and District Central Cooperative Banks and Public/ Private Sector Banks.

1% interest concession will be provided to borrower if the interest is fully serviced during the study period.  

The upper age limit for the interested students has been kept as 40(forty) years at the time of applying for loan. 

The repayment period shall be fifteen (15) years for any loan availed under this Credit Card 

Collateral security free loan up to ₹10 Lakh

For Help - Call in - Toll Free Number - 1800-102-8014