Student Credit card West Bengal apply online 2022: The Student Credit Card Scheme, launched by the West Bengal government’s higher education department, enables students to take a soft loan of up to Rs 10 lakh for higher studies.
About West Bengal Student Credit Card Scheme 2022
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 postgraduate studies including professional degrees 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 of the loan under this scheme.
A student from West Bengal can obtain a maximum loan of Rs. 10 lakhs @ 4% per annum with 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 the borrower if the interest is fully serviced during the study period.
The upper age limit for the interested students has been kept at 40(forty) years at the time of applying for a 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.
WHO IS IT FOR?
The Student Credit Card Scheme is intended to assist students pursuing secondary, higher secondary, undergraduate, and postgraduate education. Professional degrees and other equivalent courses can be obtained from any school, madrasa, college, university, or another affiliated institute in India or abroad.
Students enrolled in various coaching institutions can apply for a loan to help them prepare for competitive exams such as engineering, medical, law, and civil service exams.
Student Credit Card West Bengal Eligibility
Applicants seeking loans under the scheme must be Indian nationals and residents of West Bengal for the past 10 years.
Students from Class X to those up to 40 years of age are eligible to apply for the scheme.
LOAN AMOUNT & INTEREST RATE
A student can get a soft loan of up to Rs 10 lakh at a simple interest of 4% per annum from the State Cooperative Bank, its affiliated Central Cooperative Banks, District Central Cooperative Banks and public/ private sector banks.
HOW AND WHEN TO REPAY
- · Repayment period for any loan availed under this credit card will be 15 years, including the moratorium/ repayment holiday.
- · The student or a parent/ legal guardian can repay the loan amount any time before the stipulated period of repayment. There will be no penalty or processing fee in case of early repayment.
- · The borrower will get a 1% concession in interest if they have fully used the interest during their study period.
HOW TO APPLY FOR WEST BENGAL STUDENT CREDIT CARD SCHEME 2022?
- STEP 1:
- Colour Photograph of the applicant (should be in .jpeg / .jpg between 50 KB and 20 KB)
- Colour Photograph of the co-applicant / co-borrower (should be in .jpeg / .jpg format, between 50 KB and 20 KB)
- Signature of the student (should be in .jpeg / .jpg format, between 50 KB and 10 KB)
- Co-borrower / Guardian’s signature (should be in .jpeg / .jpg, format, between 50 KB and 10 KB)
- Student’s AADHAR Card (should be in .pdf format, between 400 KB and 50 KB)
- STEP 2:
- Student’s Class 10th Board registration certificate (if no AADHAR card) (should be in .pdf format between 400 KB and 50 KB)
- Guardian’s Address Proof (should be in .pdf format between 400 KB and 50 KB)
- Admission Receipt (should be in .pdf between 400 KB and 50 KB)
- Student’s PAN Card/undertaking if there is no PAN Card (should be in .pdf format between 400 KB and 50 KB)
- Guardian’s PAN Card/undertaking if there is no PAN Card (should be in .pdf format between 400 KB and 50 KB)
- The relevant page of the brochure/document detaining course fee/tuition fee (should be in .pdf format between 400 KB and 50 KB)
Important Points Before Applying For West Bengal Student Credit Card Scheme 2022
- Student Credit Card/loans cannot be applied for future courses. Admission receipt is to be uploaded while applying.
For example, if a student is presently studying in Class XII and he proposes to study management in the future, he cannot apply for a loan considering /the clubbing course fee of management courses.
At present, he has to apply for a loan considering his course fee of Class XII only. For future courses, he has to apply for a fresh credit card after admission to that particular course.
- The students cannot apply for credit card loans considering their course fees at the regular institute as well as the coaching institute fee clubbed.
- The loan cannot be applied for the course fees or admission fees etc which have already been paid to the institution. Fees to be paid in the future for the running course only are to be mentioned. There is no reimbursement system in this scheme.
How To Select Programme Name/ Course
Program Type:
For Each Programme Type, there are a number of Programme Names to be selected.
NOTE: Subject-wise courses like MSc Physics etc. are not available in the dropdown list in most of the cases and are not required also as per the scheme. It will not hamper the loan sanctioning process. Only broad courses like MA, MSc, BA, BSc, etc are to be selected as per the following examples:
How To Register Online For West Bengal Student Credit Card 2022
- Visit www.wb.gov.in or https://banglaruchchashiksha.wb.gov.in and click the STUDENT CREDIT CARD tab or Log in to https://wbscc.wb.gov.in
- Click on the REGISTRATION OF STUDENT form option, fill up the Registration of Student form
- Click on the Register button to generate a user id and password
FORMAT OF THE STUDENT’S REGISTRATION FORM
FORMAT OF THE STUDENT’S REGISTRATION FORM WHEN THE STUDENT HAS AADHAR CARD
FORMAT OF THE STUDENT’S REGISTRATION FORM WHEN THE STUDENT HAS NO AADHAR CARD
After Completion Of The Registration Process, A Unique ID Will Be Generated Which Will Be Sent To Your Mobile Number Which Will Be Used As Your User ID For Submission Of the Application.
APPLICANT DASHBOARD
DOCUMENTS YOU NEED
- Your color photograph
- A color photograph of your co-applicant / co-borrower
- Your Aadhar card
- Class X board registration certificate (in absence of Aadhaar)
- Guardian’s address proof
- Admission receipt
- Your PAN Card/undertaking if there is no PAN Card
- Guardian’s PAN Card/undertaking if there is no PAN Card
- The relevant page of the institute’s brochure/document with details of fees
EXPENSES TO BE COVERED
- Fees to be paid to school/ madrasa/ college/ university / professional institutes and competitive coaching institutes or for entrance examinations.
- Fees for accommodation in a hostel or as paying guests.
- Any deposit to be paid to the institution, library, and laboratory.
- Cost of buying books, digital devices,s, and equipment.
- Other course-related expenses such as study tours, project work, and thesis submission.
APPLICATION FORM EXPLAINED IN SECTIONS
SECTION – I (WHEN THE STUDENT HAS AADHAR)
Personal Details – SECTION –I (WHEN THE STUDENT HAS NO AADHAR)
SECTION – II (CO-BORROWER AND PRESENT ADDRESS DETAILS)
SECTION –III (PERMANENT ADDRESS AND COURSE & INCOME DETAILS)
SECTION – IV (BANK DETAILS OF STUDENTS AND CO-BORROWER)
APPLICANT’S DOCUMENT UPLOADING (WHEN THERE IS AADHAR)
APPLICANT’S DOCUMENT UPLOADING (WHEN THERE IS NO AADHAR)
APPLICANT’S PROFILE VIEW ONCE THE STUDENT OPTS FOR SAVE AND CONTINUE IN THE PREVIOUS PAGE THIS PAGE WILL OPEN UP
APPLICANT’S PROFILE AFTER FINAL SUBMISSION
AFTER SUBMISSION, THIS DASHBOARD APPEARS
WHEN THE APPLICATION IS RETURNED BY THE INSTITUTION TO THE APPLICANT (IN CASE OF ANY DISCREPANCY, IF DETECTED BY THE INSTITUTION)
WHEN THE FORM IS SUCCESSFULLY SUBMITTED
STATUS VIEWED BY THE APPLICANT IN THE DASHBOARD – When the application is forwarded to HED
STATUS VIEWED BY THE APPLICANT IN THE DASHBOARD – When the application is forwarded to Bank by HED
WHEN THE APPLICANT FORGOT APPLICATION ID / PASSWORD
The West Bengal government has asked the school, college, and university authorities to hold camps every Monday to promote the credit card scheme, and has directed the education department to send a report on the number of students who visit these locations.
According to reports, more than 1,20,000 applications were submitted through the program until December 14th, with 50,000 of them being sent to banks for approval. Approximately 6,000 applications have been accepted by banks so far.
Some applications were turned down and sent back to the district offices. H K Dwivedi, the Chief Secretary, has already directed officials to form a committee in each district to deal with loan denials.
FREQUENTLY ASKED QUESTIONS
Visit the official website for the Higher Education Department wb.gov.in or banglaruchchashiksha.wb.gov.in and click on the tab STUDENT CREDIT CARD or visit wbscc.wb.gov.in
State Help Desk no. of the SCC scheme is18001028014 (Toll-free) Support mail ID: contactwbscc@gmail.comor or supportwbscc@bangla.gov.in
Yes, the student will get an SMS on her/his registered mobile number
No. There is no need to furnish a copy of the domicile certificate and Caste certificate.
You can directly contact the Help desk of your Institution or may also contact the State Help Desk (Toll-free no. 18001028014, Support mail ID: contactwbscc@gmail.comor or supportwbscc@bangla.gov.in
The maximum amount of loan eligible under the scheme is Rs. 10(ten) lakhs.
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