The Bihar Student Credit Card (BSCC) Scheme, launched by the Department of Education, Government of Bihar, is a groundbreaking initiative aimed at supporting students pursuing higher education. This scheme ensures that financial constraints do not hinder talented individuals from achieving their academic aspirations. Under this program, eligible students can avail loans of up to ₹4 lakhs at minimal interest rates to fund courses such as B.Sc., B.A., B.Tech., MBBS, and more. With flexible repayment options and special benefits for marginalized groups, the scheme fosters equal opportunities for all.

Objective of BSCC Scheme

The primary objective of the Bihar Student Credit Card Scheme is to provide financial assistance to students who wish to pursue higher education but face financial barriers. By offering affordable loans, the scheme ensures access to quality education across technical, general, and polytechnic courses, empowering students to build a brighter future.

Key Benefits of the Scheme

1. Maximum Loan Amount:
   • Students can avail a loan of up to ₹4 lakhs to cover tuition fees, purchase books, laptops, and other educational expenses.
2. Low Interest Rates:
   • A nominal interest rate of 1% per annum is charged for Divyang (persons with disabilities), transgender, and girl students.
   • For other categories, the interest rates are kept minimal to ensure affordability.
3. Flexible Repayment:
   • Loan repayment begins only after the completion of the course and the securing of employment.
   • Recovery procedures are flexible due to the government-backed nature of the loan.
4. Wide Coverage:
   • The loan can be used for polytechnic, technical, and general courses in authorized institutions.
   • Funds can also be utilized for purchasing books, laptops, and paying various fees.

Eligibility Criteria

To qualify for the benefits under this scheme, applicants must meet the following conditions;

1. The applicant must be a permanent resident of Bihar.
2. The applicant must have passed Class 12th or equivalent examination.
3. The applicant must secure admission to an authorized institution for a recognized course.
4. The applicant’s age should not exceed 25 years.
5. The applicant must commit to completing the entire course.

Note: Students from other states are not eligible for this scheme.

How to Apply – Online Process

The application process for the BSCC Scheme is entirely online, ensuring convenience and transparency. Here’s how you can apply;

1. Visit the Official Website of MNSSBY:
   Go to https://www.7nishchay-yuvaupmission.bihar.gov.in/.
2. Register as a New Applicant:
   • Click on the ‘New Applicant Registration’ button.
   • Fill in details such as name, email ID, mobile number, Aadhaar number, and OTP.
   • Submit the form and note the username and password sent via email and SMS.
3. Log In and Fill the Application Form:
   • Log in using the credentials received during registration.
   • Fill in personal information on the ‘Personal Information Page.’
   • Select the ‘BSCC’ option from the drop-down list and click ‘Apply.’
4. Submit the BSCC Form:
   • Complete the BSCC application form and submit it.
   • Note the acknowledgement number displayed on the screen.
5. Visit the District Registration and Counseling Center (DRCC):
   • The DRCC will schedule an appointment via SMS and email.
   • Visit the DRCC with self-attested documents for verification.
6. Collect Student Credit Card and Sanction Letter:
   • After verification and loan sanction by the bank, visit the DRCC to collect your ‘Student Credit Card’ and sanction letter.
7. Complete Bank Formalities:
   • Visit the bank to complete documentation formalities.
   • The bank will disburse the loan amount, and the DRCC will be informed.
8. Track Application Status:
   • Monitor the status of your application on the official website:
     https://www.7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus.

Necessary Documents for Application

To ensure smooth processing of your application, make sure you have the following documents ready;

• Filled the common application form
• Aadhaar card
• PAN card
• Xth and XIIth mark sheets and certificates
• Proof of admission
• Fee schedule
• Scholarship letters (if applicable)
• Approved course structure
• Photographs
• Previous year’s income certificate
• The previous two years’ income tax returns
• The previous six months’ bank statements
• Proof of residence (Passport, Driving License, Voter ID, etc.)
• Tax receipt

Why Is This Scheme Important?

Higher education is a key driver of socio-economic development, yet many students face financial hurdles in pursuing their dreams. The Bihar Student Credit Card Scheme bridges this gap by providing affordable loans, ensuring that no student is left behind due to lack of resources. By targeting marginalized groups like Divyang, transgender, and girl students with special benefits, the scheme promotes inclusivity and gender equality.

Frequently Asked Questions (FAQs)

Q1. What is the Student Credit Card Scheme?
A. It is a government initiative to provide financial assistance to students pursuing higher education through loans of up to ₹4 lakhs at minimal interest rates.

Q2. Who may get the scheme benefits?
A. Permanent residents of Bihar who have passed Class 12th and secured admission to authorized institutions are eligible.

Q3. What are the benefits of the BSCC scheme?
A. Benefits include loans up to ₹4 lakhs, low interest rates (1% for Divyang, transgender, and girls), flexible repayment, and coverage for tuition fees, books, laptops, and other expenses.

Q4. Who may apply for the BSCC scheme?
A. Students who are permanent residents of Bihar, aged up to 25 years, and admitted to authorized institutions for recognized courses.

Q5. What documents are required while submitting the online application?
A. Aadhaar card, PAN card, mark sheets, proof of admission, income certificate, bank statements, and other relevant documents.

Q6. What is the minimum educational qualification required?
A. Applicants must have passed Class 12th or equivalent examination.

Q7. Can students from other states apply for this scheme?
A. No, the scheme is exclusively for permanent residents of Bihar.

Q8. What is the maximum age to avail the scheme benefits?
A. The maximum age limit is 25 years.

Conclusion

The Bihar Student Credit Card Scheme is a commendable effort by the Bihar government to democratize access to higher education. By removing financial barriers and offering affordable loans, the scheme empowers students to pursue their academic goals and contribute meaningfully to society. If you’re a resident of Bihar aspiring to pursue higher education, don’t let financial constraints hold you back—apply for the BSCC scheme today!

Scheme Details & Guidelines

For more details, visit the official website or contact your nearest District Registration and Counseling Center (DRCC).