West Bengal Student Credit Card: Loan of Up To Rs 10 Lakh With An Annual Simple Interest

Who can benefit from West Bengal Student Credit Card?

The West Bengal student credit card scheme is available to all students in grades 10 and up. Students can take advantage of this initiative to get a hassle-free, collateral-free loan with a low-interest rate of 4%. Other than the co-obligation of parents, this loan will be supplied without any security or collateral security in a tangible or intangible form. This loan has a 15-year repayment duration. Students’ applications will be sent to the bank by the institution and department of higher education. Students can utilise the money for both institutional and non-institutional expenses such as rent, hostel fees, study excursions, and projects.

West Bengal Student Credit Card Eligibility Criteria

West Bengal Student Credit Card Eligibility Criteria

  • The applicant must be a West Bengal permanent resident.
  • The applicant must have lived in West Bengal for at least 10 years.
  • The maximum age to apply for this scheme is 40 years old.

West Bengal Student Credit Card Scheme Application Documents

  • Aadhar card
  • Residence certificate
  • Age proof
  • Ration card
  • Income certificate
  • Bank account details
  • Mobile number
  • Passport size photograph

West Bengal Student Credit Card Repayment Period

West Bengal Student Credit Card Repayment Period

Students can take advantage of this scheme until they reach the age of 40. Students must repay the debt within 15 years after obtaining employment. It’s also worth noting that the loan application process will be simplified to make it easier for students to obtain loans. Students can also apply for a credit card by filling out an online application. The West Bengal Student Credit Card Scheme became live on June 30, 2021. West Bengal students will now be permitted to pursue higher education regardless of their financial circumstances.

How to Apply Online West Bengal Student Credit Card Scheme?

How to Apply Online West Bengal Student Credit Card Scheme?

How to Apply Online West Bengal Student Credit Card Scheme?

Step 1: Visit Website https://wbscc.wb.gov.in/

Step 2: Click on Student registration

Step 3: Enter the details in the registration form

Step 4: Click on Register

Now a unique ID will be generated and sent to the phone number you provided. This user ID will be used in the future for all purposes.

How to Login for West Bengal Student Credit Card Scheme?

Step 1: Log in

Step 2: Enter the application ID, password, and captcha code

Step 3: Click on the login

Step 4: Dashboard will appear before you

Step 5: Click on the application detail

Step 6: Click on the edit loan application

Step 7: Fill application form

Step 8: enter the below details

  • Personal details
  • Co borrower details
  • Present address details
  • Permanent address details
  • Course and income details
  • Bank details of the student

Step 9: click on save and continue

Step 10: upload the following documents

  • Latest color photograph of the student
  • Latest color photograph of the co-applicant
  • Signature of the student as specified
  • Co borrower address proof
  • Signature of the overawe legal guardian
  • Student’s Aadhar card
  • Students PAN card or undertaking as specified
  • Co borrower PAN card or undertaking as specified
  • Admission receipt of the institution
  • Class 10th board registration certificate

Step 11: Click on Save and continue

Step 12: Click on the submit application

Step 13: Confirm to submit or not

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertismentspot_img

Instagram

Most Popular