Education is one of the most powerful tools for transforming lives. However, for many families, the cost of higher education can be a significant barrier. To bridge this gap, the Government of Bihar introduced the Bihar Student Credit Card (BSCC) scheme. This initiative aims to provide financial assistance to students who want to pursue higher education but lack sufficient funds. With easy access to credit and minimal paperwork, the Bihar Student Credit Card has become a lifeline for thousands of aspiring students across the state.
What Is the Bihar Student Credit Card Scheme?
The Bihar Student Credit Card scheme was launched in 2016 under the ambitious Mukhya Mantri Nischay Swayam Sahayata Bhatta Yojana. It enables students to pursue technical, professional, or general courses after Class 12 by offering them a loan of up to ₹4 lakh at a nominal interest rate. The goal is to ensure that no student from Bihar has to abandon their dreams because of financial limitations.
Under this program, students can apply for a loan to cover tuition fees, examination fees, study materials, and even accommodation expenses. The loan can be repaid after the completion of the course, once the student starts earning.
Key Features of the Bihar Student Credit Card
- Loan Amount:
Students can avail loans up to ₹4 lakh to finance their higher education in India. - Low Interest Rates:
Male students are charged only 4 % annual interest, while female students, transgender students, and students with disabilities enjoy an even lower 1 % interest rate. - Wide Range of Courses:
The Bihar Student Credit Card covers more than 60 courses across fields such as engineering, medical, management, arts, science, commerce, agriculture, and law. - Flexible Repayment:
The repayment period begins one year after course completion or six months after securing employment—whichever comes first. - No Collateral Required:
The loan is unsecured, meaning students or parents don’t have to mortgage property or provide any guarantee. - Government Support:
The Bihar government acts as the guarantor, ensuring that financial institutions have minimal risk in granting the loan.
Eligibility Criteria
To apply for the Bihar Student Credit Card, applicants must meet the following criteria:
- Must be a resident of Bihar.
- Must have passed Class 12 from a recognized board or institution.
- Must be aged 25 years or below at the time of application.
- Must have secured admission in a recognized college or university in India.
- The course selected should be listed as eligible under the scheme.
Documents Required
Students need to submit the following documents along with the application form:
- Aadhar Card of student and parents
- PAN Card of student and co-applicant
- Marksheet of Class 10 and 12
- Admission letter and fee structure from the institution
- Residence certificate
- Recent passport-size photographs
- Income certificate of the family
How to Apply for the Bihar Student Credit Card
Applying for the Bihar Student Credit Card is simple and can be done both online and offline.
Online Process
- Visit the Official Website:
Go to https://www.7nishchay-yuvaupmission.bihar.gov.in/. - Register Yourself:
Click on New Applicant Registration, and enter your name, email ID, and mobile number to generate an OTP. - Login and Fill the Application Form:
After verification, log in and fill out the application form with your academic and personal details. Select the Bihar Student Credit Card option. - Upload Documents:
Upload scanned copies of all required documents. - Submit and Schedule an Appointment:
Once submitted, download the acknowledgment slip and visit the nearest District Registration and Counseling Center (DRCC) on the scheduled date with original documents for verification.
Offline Process
Students who prefer offline application can directly visit the DRCC office in their district. Trained counselors will help fill out the application form and guide them through document submission and biometric verification.
If you want to get information about other education schemes along with the Bihar Student Credit Card, make sure to visit the Shala Darpan portal: https://rajshaladarpan.rajasthan.gov.in
Benefits of the Bihar Student Credit Card Scheme
- Financial Independence for Students:
Students can finance their education without burdening their families. - Promotes Higher Education in Bihar:
The scheme encourages students from rural areas to continue their studies and pursue professional courses. - Empowers Women and Marginalized Groups:
With lower interest rates for girls, transgender students, and persons with disabilities, the Bihar Student Credit Card promotes inclusivity in education. - Boosts Employability:
By enabling access to quality education, the scheme helps build a skilled workforce ready for both national and international markets. - Ease of Repayment:
Students start repaying only after securing a job, ensuring financial comfort and flexibility.
Impact of the Bihar Student Credit Card Scheme
Since its inception, the Bihar Student scheme has benefited more than 2 lakh students across the state. It has helped bridge the gap between aspiration and affordability, making higher education accessible to students from all backgrounds. The scheme has also reduced dropout rates and increased enrollment in professional courses, especially among students from economically weaker sections.
Colleges and universities across India have recognized the scheme as a reliable mode of funding, ensuring Bihar’s students have the opportunity to study at reputable institutions.
Challenges and Future Prospects
While the Bihar Student Credit Card has been widely successful, some challenges remain—such as delays in loan disbursal, lack of awareness in remote areas, and occasional documentation hurdles. The government is continuously improving the process by introducing digital verification, faster approval timelines, and better grievance-redress mechanisms.
In the future, the program aims to expand its reach, include international courses, and offer more flexible repayment options. Awareness campaigns in schools and rural regions are also helping more students understand and apply for this beneficial scheme.
FAQs
Who is eligible for student credit card in Bihar?
To be eligible for the Bihar Student Credit Card, the applicant must be a permanent resident of Bihar, have passed Class 12 from a recognized board, and be enrolled in a recognized college or university in India. The student must be 25 years old or younger at the time of application. Additionally, the chosen course must be one of the programs covered under the scheme.
What is the 1000 rupees scheme in Bihar?
The ₹1000 scheme in Bihar refers to the Bihar Berojgari Bhatta Yojana, another part of the Mukhya Mantri Nischay Yojana. Under this program, unemployed youth in Bihar receive ₹1000 per month as a financial allowance while they look for jobs or pursue skill training. It runs alongside initiatives like the Bihar Student Credit Card, which supports students in higher education.
Can a student qualify for a credit card?
Yes, a student can qualify for a credit card. While regular credit cards usually require proof of income, student credit cards—such as the Bihar Student Credit Card—are designed specifically for learners. They do not require income proof or collateral. Instead, they focus on helping students pay for education-related expenses. After completing their studies, students can repay the loan at low-interest rates.
What is DRCC in Bihar?
DRCC stands for District Registration and Counseling Center. It is the local office where students apply for government schemes like the Bihar Student Credit Card, Kushal Yuva Program, and Berojgari Bhatta. At DRCC centers, applicants complete document verification, biometric registration, and counseling sessions. Every district in Bihar has its own DRCC to assist students and youth with the application process.