The Government of Bihar has introduced a financial assistance scheme aimed at supporting students from economically weaker sections who wish to pursue higher education. Under this initiative, eligible students can avail education loans up to ₹4 lakh through the Student Credit Card Scheme (SCCS).
Launched as part of Bihar’s “Mukhyamantri Nishchay Yojana”, this scheme enables students who have passed Class 12 to obtain easy and low-interest loans for pursuing technical, professional, or general degree courses. The objective is to ensure that no deserving student is deprived of higher education due to financial constraints.
Bihar ₹4 Lakh Student Loan Scheme – Full Details in English
The Bihar Student Credit Card Scheme (BSCCS) is a flagship program launched by the Government of Bihar to provide financial assistance to students who wish to pursue higher education but lack sufficient funds. The scheme allows eligible students to avail an education loan of up to ₹4 lakh at a very low interest rate with easy repayment options.
This scheme is part of the “Seven Resolves” (Saat Nishchay) of the Bihar government to promote education, skill development, and youth empowerment.
Scheme Overview
| Feature | Details |
|---|---|
| Name of Scheme | Bihar Student Credit Card Scheme (BSCCS) |
| Launched by | Government of Bihar |
| Year of Launch | 2016 |
| Maximum Loan Amount | ₹4,00,000 |
| Interest Rate | 0% (for girls, transgender, and divyang students), ~1% for others |
| Collateral Security | Not required |
| Repayment Starts | After completion of course + 1 year grace period or after employment |
| Applicable Courses | Graduation, Technical, Professional, Polytechnic, ITI, Medical, Management, and more |
Objectives of the Scheme
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To ensure that no student from Bihar is deprived of higher education due to financial problems.
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To increase the Gross Enrollment Ratio (GER) in higher education.
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To empower youth through education and skill-building.
✅ Eligibility Criteria
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Resident: Applicant must be a permanent resident of Bihar.
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Age Limit: Between 18 to 25 years (relaxable in some cases).
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Education Qualification: Must have passed 10+2 (Intermediate) or equivalent.
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Admission Proof: Must have confirmed admission to a recognized institution in India.
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Courses Covered: Regular courses in Graduation, Engineering, Medical, Law, BCA, BBA, Polytechnic, ITI, MBA, MCA, etc.
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Family Income: No specific income limit, but preference is given to economically weaker sections.
Documents Required
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Aadhar Card
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Residence Certificate (Domicile)
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Class 10 & 12 Mark Sheets
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Admission Letter from Institution
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Bank Passbook Copy
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Passport-size Photographs
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PAN Card (if available)
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4Income Certificate (recommended)
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Mobile number linked with Aadhaar
How to Apply
You can apply online through the official website:
🔗 https://www.7nishchay-yuvaupmission.bihar.gov.in
Step-by-Step Process:
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Visit the official portal.
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Click on “New Applicant Registration”.
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Fill in personal details, mobile number, and email to generate login credentials.
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Log in and complete the application form.
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Upload all necessary documents.
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Submit the form and download the acknowledgment.
After online submission, the student will be called to visit the District Registration and Counseling Center (DRCC) for physical document verification and further processing.
💸 Loan Coverage
The ₹4 lakh loan amount can be used for:
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Tuition Fees
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Books and Study Materials
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Hostel or Accommodation Charges
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Equipment and Instruments
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Exam and Admission Fees
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Other educational expenses
🔄 Loan Repayment
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Moratorium Period: Course duration + 1 year OR 6 months after getting a job
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Repayment Tenure: Up to 15 years
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EMI Options: Easy and flexible monthly installments
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Special Incentives: If the student repays on time, no penalty or additional interest is charged
📞 Helpline & Support
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Toll-Free Number: 1800-3456-444
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Email Support: helpdesk.bscc@bihar.gov.in
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DRCC Centers: Located in every district of Bihar to assist with application and queries
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