WBSCC

Under the visionary leadership of Mamata Banerjee, Hon’ble Chief Minister, West Bengal, The Higher Education Department, Government of West Bengal has introduced the Student Credit Card Scheme for the students of West Bengal 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 in any School, Madrasah, College, University and other affiliated 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 from the 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 including the Moratorium/ repayment holiday. For details kindly go through the Scheme given in this portal.

Dear students,

We had promised you sometime back that our government would provide credit card facility to our students to help them pursue higher education more easily.

You will be happy to know that we have kept our word. The State Government is happy to launch the STUDENT CREDIT CARD project, which will henceforth cover all your education expenses (with some additional costs as well) to help you achieve all your future education goals. This innovative initiative of the State Government will provide education loan to students for incurring a wide range of expenses, such as course fees, tuition charges, hostel expenses, cost of books, computers, laptops, to name just a few.

All residents of West Bengal, Class X (Ten) and above, pursuing Higher Secondary, UG, PG, Professional and Diploma courses or Doctoral/Post-Doctoral research courses from any recognized school, madrasah, college, university or higher educational institutions within the State, outside Bengal, and even in other countries, can avail the benefits of this scheme, till the age of 40 years.

Candidates studying in different coaching institutes for appearing in competitive examinations like IAS, IPS, WBCS etc will also be entitled to get loan under our Student Credit Card scheme.

Loan upto Rs 10 Lakh, under very easy terms and conditions, at a nominal yearly interest, will be provided to our students under this project and you will have long time - 15 years, to repay your outstanding liabilities. The application process is also very simple - everything will be online.

Our government has always been very caring to the needs our students because we know very well that you are the future of our Nation, who will make Bengal proud one day. Various path-breaking initiatives, like Kanyashree for girl students, Sabooj Sathi, Sikshashree and so many others, have already been taken by us to help you pursue your future dreams, and now we have launched our very own STUDENT CREDIT CARD. It will be your trusted companion in the coming days, that will take care of all your future education needs.

Study well, make your parents and teachers proud of your achievements and bring glory and success to Bengal - my love and blessings will always be with you.

May all your dreams come true!

Stay well, stay healthy.

Yours
(Mamata Banerjee)

The priority of Government of West Bengal, led by our visionary Chief Minister Mamata Banerjee is providing Quality Education to the students of our state. She dreams of restoring the glory of Bengal, when we used to lead our country in the fields of Arts and Culture, Science and Technology, Commerce and Industries. To achieve this dream, our students need to be trained in the advanced streams of education. To encourage our students to pursue higher studies and to facilitate them with necessary funds, the Government of West Bengal under the leadership of Mamata Banerjee, has introduced the Student Credit Card scheme for the students of West Bengal. It will ensure educational loans for them and allow them to chase their dreams. I am sure that this historically significant step will accelerate the process of development in Bengal. I wish all our students every success in their lives.