West Bengal Student Credit Card Scheme 2021 Apply Online, Eligibility | Soft Loan upto Rs. 10 Lakh

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West Bengal Student Credit Card Scheme 2021 Apply Online Form, WB students check eligibility criteria to get soft loans upto Rs. 10 lakh for higher studies.

What is West Bengal Student Credit Card Scheme 2021

West Bengal Student Credit Card Yojana 2021: West Bengal government has reported another WB Student Credit Card Scheme 2021 for understudies. This West Bengal Student Credit Card Scheme would empower understudies to get delicate advances upto Rs. 10 lakh for higher investigations. In this plan, one individual would be qualified till 40 years old and 15 years would be given to an understudy to reimburse advance subsequent to finding a new line of work.

To make West Bengal’s childhood independent, another plan in particular Student Credit Card Yojana is dispatched. In this plan, every one of the qualified understudies will get Student Credit Cards with credit limit up to Rs. 10 lakh at a loan cost of 4%. WB Student Credit Card Scheme is a piece of “Arthik Shujog, Shobol Jubo” drive.

Through Student Credit Cards, understudies seeking after advanced education – under-graduation and post-graduation, will be qualified to get credit up to ₹10 Lakh at a sponsored pace of 4%. Dissimilar to an advance that is drawn as a single amount, a Student Credit Card will give cash to understudies on request whenever the timing is ideal profiting more than 1.5 crore understudies over the course of the following 5 years.

Bengal Cabinet Nod to Student Credit Card Yojana

CM Mamata Banerjee drove WB state govt. assessed that 1.5 crore recipients will be remembered for the “West Bengal Student Credit Card Scheme”. SCC Scheme guarantees understudy Mastercards having credit breaking point of upto Rs. 10,00,000 for higher examinations. The West Bengal Student Credit Card Yojana was guaranteed by boss priest Mamata Banerjee before late Assembly races.

WB Student Credit Card Scheme Registration

Top government authorities held a gathering as of late to work out the modalities of the give. The work to carry out the West Bengal Student Credit Card Scheme will begin soon. The principal thing govt. need to do is to enlist the recipients of the West Bengal SCC Scheme. It has been surveyed that the plan will have an aggregate of 1.5 crore recipients

Eligibility criteria

  • Applicant must have spent 10 years in West Bengal state.
  • Loans would be eligible for undergraduate, postgraduate, doctoral and post-doctoral study in India or abroad.
  • One person is eligible for the scheme till 40 years of age.
  • Fifteen years will be given to a student to repay the loan after getting a job.

Execution of WB Student Credit Card Scheme

The monetary condition doesn’t permit the West Bengal state govt. to make the West Bengal SCC Scheme general. WB state govt. just can’t get all understudies the state under the Student Credit Card Yojana as it will push the monetary weight. To guarantee the smooth execution of the West Bengal Student Credit Card Scheme, government was thinking about the inclusion of a qualification standard for understudies to profit themselves of the delicate advances.

The state government may be compelled to chop down distribution of certain offices to raise assets for the WB Student Credit Cards conspire. It’s anything but conceivable to chop down departmental distributions vigorously. Along these lines, the state is hoping to organize assets for the plan from some different sources as well.

Overview of Student Credit Card Scheme in West Bengal

Name of SchemeWB Student Credit Card Scheme
StateWest Bengal
Who are Eligible BeneficiariesStudents who wants to pursue higher studies
Beneficiaries Count1.5 crore
Launch Date30 June 2021
Loan Amountupto Rs. 10 lakh
Interest Rate4%
Applicable CoursesUnder graduate (UG), Post graduate (PG), doctoral and post-doctoral study
Age Limit40 years
Repayment Time15 years after getting job
Registration / Apply ProcessTo start soon

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