Bihar Student Credit Card Scheme
Quick Summary
| Field | Detail |
|---|---|
| Scheme | Bihar Student Credit Card (under Mukhyamantri Nishchay Yojana) |
| State | Bihar |
| Department | Education Department (Bihar State Education Finance Corporation) |
| Launched | 2 October 2016 |
| Benefit | Education loan up to Rs 4 lakh at 4% simple interest (1% for female / transgender / differently-abled students) |
| Beneficiaries | Bihar students who passed Class 12 and enrolled in higher / technical courses |
| Official Portal | 7nishchay-yuvaupmission.bihar.gov.in |
| Status | Active |
About the Scheme
The Bihar Student Credit Card Scheme is one of the three youth-focused components of the Mukhyamantri Nishchay Yojana. Launched on 2 October 2016 and administered by the Education Department through the Bihar State Education Finance Corporation, it provides a low-interest, government-guaranteed education loan to students who have passed Class 12 and want to continue their studies.
The scheme's core objective is straightforward: no student in Bihar should have to drop out of higher education simply because their family cannot afford it. By offering a government-backed loan, the state removes a major financial barrier and lets students pursue polytechnic diplomas, graduation, and professional or technical courses without immediate out-of-pocket pressure.
Because the loan is guaranteed by the government and carries a very low rate of interest, it is designed to be far more accessible than a conventional bank education loan. The scheme is delivered through a common application shared with the other Nishchay youth schemes, and verification happens at a dedicated District Registration and Counselling Centre (DRCC) in each district.
Benefits
The scheme provides a substantial education loan on highly concessional terms:
- An education loan of up to Rs 4 lakh for higher studies after Class 12.
- Interest of 4% simple interest on the loan.
- A reduced rate of just 1% for female students, transgender students, and differently-abled students.
- Covers a wide range of courses — polytechnic, graduation, and professional courses — including tuition and course-related costs.
- The loan is government-guaranteed, making it accessible to students whose families may not qualify for a regular bank loan.
Eligibility Criteria
As reported, the broad eligibility conditions are:
- The applicant must be a resident of Bihar.
- The student must have passed Class 12 (or equivalent) from a recognised institution.
- The student must be admitted to a recognised higher or technical course.
- The applicant's age must be within the scheme's limit — please confirm the current age cap on the official portal.
Documents Required
Keep the following documents ready for your application and DRCC verification:
- Class 10 and Class 12 certificates.
- Proof of admission to the recognised course / institution.
- Aadhaar card.
- Residence / domicile proof for Bihar.
- Bank details.
- Co-applicant (parent / guardian) details.
- Photographs.
How to Apply
Applications are made online first, followed by in-person document verification. As reported, the steps are:
- Register on the official portal 7nishchay-yuvaupmission.bihar.gov.in — this is a common application for the three Nishchay youth schemes.
- Complete the application and select the Student Credit Card component.
- Visit your assigned DRCC (District Registration and Counselling Centre) with your documents for verification.
- On approval, the loan is sanctioned and disbursed to the institution or student.
Common Mistakes to Avoid
- Choosing a course or institution that is not on the approved list.
- Incomplete document verification at the DRCC.
- Missing or incorrect co-applicant (parent / guardian) details.
- Assuming the age limit — confirm the current age cap on the official portal.
हिंदी में मुख्य जानकारी (Key Information in Hindi)
लाभ: बिहार स्टूडेंट क्रेडिट कार्ड योजना के तहत कक्षा 12 के बाद उच्च शिक्षा के लिए ₹4 लाख तक का शिक्षा ऋण दिया जाता है। ब्याज दर 4% साधारण ब्याज है, जो छात्राओं, ट्रांसजेंडर तथा दिव्यांग विद्यार्थियों के लिए घटाकर 1% कर दी जाती है। यह ऋण सरकार द्वारा गारंटीकृत है।
पात्रता: आवेदक बिहार का निवासी हो, मान्यता प्राप्त संस्थान से कक्षा 12 उत्तीर्ण हो, तथा किसी मान्यता प्राप्त उच्च/तकनीकी पाठ्यक्रम में नामांकित हो। आयु सीमा आधिकारिक पोर्टल पर पुष्टि करें।
आवेदन कैसे करें: आधिकारिक पोर्टल 7nishchay-yuvaupmission.bihar.gov.in पर पंजीकरण करें, फिर दस्तावेज़ सत्यापन हेतु अपने जिले के DRCC (जिला निबंधन एवं परामर्श केंद्र) पर जाएँ। स्वीकृति के बाद ऋण संस्थान/विद्यार्थी को दिया जाता है।
आवश्यक दस्तावेज़:
- कक्षा 10 एवं कक्षा 12 प्रमाण पत्र
- नामांकन/प्रवेश का प्रमाण
- आधार कार्ड
- बिहार का निवास प्रमाण पत्र
- बैंक विवरण
- सह-आवेदक (माता-पिता/अभिभावक) का विवरण एवं फोटो
Frequently Asked Questions
Official Links & Helpline
As reported, this scheme is administered through the official Nishchay youth portal — 7nishchay-yuvaupmission.bihar.gov.in — with document verification at your district DRCC. Portal details, approved course lists, age limits and helpline numbers can change, so please confirm everything on the official portal before applying. This article is for general information only.