Bihar Student Credit Card Scheme (SCCS) Finally Launched Completely – How to apply

Bihar Student Credit Card scheme Finally get  approved by Cabinet

Latest News – The much anticipated and ambitious Student Credit Card Scheme (SCCS) of Bihar Government has finally got the cabinet approval on 14th September. State government under this scheme will facilitate education loans to the students for higher studies in Bihar.

This scheme will be run by the education department  will provide education loan of up to 4 Lakh,

  • Student Credit Card Scheme (SCCS) will facilitate the education loan to the 12th passout students willing to pursue higher education. The state government will facilitate education loans of upto Rs. 4 lakh from the nationalized banks by acting as guarantor.
  •  12th Pass students who secures admission in any of the recognized institutes for higher education will be eligible to avail the loan. Under the scheme, the state government has set a target of disbursing education loans to 5 Crore students within 2016-17.

Student Credit Card Scheme Launch –

The student credit card scheme launch announcement was made by the Bihar CM Nitish Kumar during his speech on the 70th Independence Day of the nation. Under the student credit card scheme, the state government would provide interest free loan of upto Rs. 4 Lakh to students for pursuing higher education without any  question in financial conditions.

How to apply for Student Credit Card Scheme in Bihar –

Under the scheme,

  • The students need not to directly approach the banks for loans, instead, the district registration centers will be accepting the applications from students
  • . Once the physical verification of the documents is done by the district centers, the applications will be sent to the banks.
  • After that the banks will have 15 days to approve the loan applications.
  • After the loan application is approved, the banks will specify another date within next 15 days to sign the loan agreement document and complete other formalities.
  • The applicant students will be informed via e-mail and text messages about the important dates and status of the loan.

Quick Details about Student Credit Card Scheme


Reason of Launching Student Credit Card Scheme-





Note : Registration under this scheme will be started from 2 October Onward – Stay updated for further Updates.

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