(PDF) West Bengal Student Credit Card Scheme 2021

WB Student Credit Card Scheme PDF | West Bengal Student Credit Card Scheme Application Form PDF | Check WB Student Credit Card Scheme Eligibility

In our country, many other schemes are started to help the students, under which free education and free laptops are also provided to the central government and state government students, similarly West Bengal Student Credit Card Scheme Online Form State Invited by the government, the students of West Bengal can now easily get up to Rs 10 lakh soft loan for higher studies under the scheme, and the main objective of the state government to launch this scheme is that Students can get help for further studies. State the applicants who want to apply and all those who want to apply, check the eligibility criteria from here and see the complete details of West Bengal Student Credit Card here, how to apply for the scheme, how much interest will have to be paid, what are the documents required to submit the application. For all this information you can get through this article, so read this entire article till the end.

West Bengal Student Credit Card Scheme 2021

The Government of West Bengal has announced the Student Credit Card Scheme for the students. This Student Credit Card West Bengal will enable the students to get a soft loan of up to Rs 10 lakh for higher studies. In this West Bengal Student Credit Card Scheme, a person will be eligible till the age of 40 years and a student will be given 15 years to repay the loan after getting a job. Through the West Bengal Student Credit Card, students pursuing higher education – under-graduation and post-graduation will be eligible to avail credit up to ₹10 lakh at a concessional rate of 4%. Unlike a loan taken as a lump sum, a student credit card will provide students with on-demand funds at their convenience, benefitting over 1.5 crore students over the next 5 years. If you want to get more information about West Bengal Student Credit Card then you have to visit its official website.

West Bengal Student Credit Card Scheme

Overview of West Bengal Student Credit Card

Scheme Name West Bengal Student Credit Card
Launched By State Government
Beneficiaries Citizen of State
Registration Process Online/Offline
Objective To Provide Loans For Higher Education
Launching Year 2021
Category West Bengal Govt. Scheme
Official Website https://wb.gov.in/

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Objective Of Student Credit Card Scheme

The State Government has started the West Bengal Student Credit Card to make the youth of West Bengal self-reliant. In this scheme, all eligible students will get student credit cards with a credit limit of up to Rs 10 lakh at an interest rate of 4%. The WB Student Credit Card scheme of the Government of West Bengal is a part of the “Arthik Shujog, Shobol Jubo” initiative. The primary objective of West Bengal Student Credit Card Scheme is to provide education loan to the students to pursue higher education and make their career. Under this scheme, the state government will provide loans up to Rs 10 lakh to the students. Students can avail these loans for payment of course fee, purchase of books, computer, educational equipment etc. The State Government’s Student Credit Card West Bengal will definitely give a boost to education as a major part of the fund allocation will be deposited in the bank accounts of the beneficiaries every year.

West Bengal Student Credit Card Scheme

Bengal Cabinet Approved West Bengal Student Credit Card

The West Bengal government led by Chief Minister Mamata Banerjee has estimated that 1.5 crore beneficiaries will be covered under the “West Bengal Student Credit Card Scheme“. The West Bengal Student Credit Card promises student credit cards with a credit limit of up to Rs 10,00,000 for higher studies. The West Bengal Student Credit Card was promised by Chief Minister Mamata Banerjee before the recent assembly elections. The state government already has a database of some eligible beneficiaries, which can be easily used to start the SCC scheme. For example, the state has detailed data of students in government schools and colleges. These beneficiaries can be brought under the Direct Benefit Transfer Scheme immediately, for the remaining families, the government can start the application process.

Benefits And Features Of West Bengal Student Credit Card Scheme

  • The State Government has announced to start the West Bengal Student Credit Card Scheme on 30th June to provide assistance to the students.
  • In the meeting of the state cabinet, the proposal to give credit cards to students for studies was approved, so that all of them can continue their further studies.
  • Under this card, any student up to the age of 24 years can take a loan of up to Rs 10 lakh at minimum interest, and these credit cards can be taken from class 10 onwards.
  • It is very easy to obtain. This card can be taken online. The new credit card will help students get a credit up to Rs 10 lakh from the banks without a personal guarantor, as the state government will provide the guarantee.
  • This credit card can be taken for undergraduate, postgraduate, research purposes.
  • All those who have been living in West Bengal for at least 10 years, will be able to study in any institution in the country or abroad with this money.
  • If you get a job then you will be given 15 years to repay this loan at low interest under Student Credit Card West Bengal.
  • How to apply under this scheme and how to get this card will be announced after the start of the project on 30th June.

Student Credit Card West Bengal Implementation

The state’s financial condition does not allow the West Bengal state government to universalize Student Credit Card West Bengal. West Bengal state government just cannot bring all the students of the state under the student credit card scheme as it will increase the financial burden. West Bengal In order to ensure smooth implementation of the West Bengal Student Credit Card, the government was considering to include eligibility criteria for students to avail soft loans. The state government may be forced to cut the allocation of certain departments to raise funds for the student credit card scheme. It is not possible to drastically cut departmental allocation. Therefore, the state wants to arrange funds for the scheme from some other sources as well.

Eligibility Criteria for Student Credit Card West Bengal

To apply for this scheme of the state government, you should follow the eligibility criteria given below:-

  • The students should reside in West Bengal for at least 10 years to avail themselves of this scheme.
  • The upper age limit to apply for the WB Student Credit Card scheme is 40 years.
  • Students should pay the loan within 15 years from the loan sanctioned date.
  • The applicant students should be pursuing their Under Graduate, Post Graduate, Doctoral, or Post-Doctorial Courses in India or Abroad.
  • The West Bengal government offers a guarantee to the student loan. However, the CIBIL Score will also play a key role in the sanction of a loan.

Required Documents

If you want to apply for West Bengal Student Credit Card then you have to fulfill the below given documents:-

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

Prochesta Scheme

Procedure To Apply Online West Bengal Student Credit Card Scheme

Registration

  • Firstly, visit the official website of West Bengal Student Credit Card Scheme. Then, the Home page will open in front of you.
West Bengal Student Credit Card Scheme
  • On the homepage you have to click on Student Registration. After that, the registration form will appear in front of you.
West Bengal Student Credit Card Scheme
  • Now you have to enter the following information in the registration form:-
  • After that, click on Register Button and Unique ID will be generated and it will be sent to your registered mobile number.

Login Process

  • Firstly, visit the official website of West Bengal Student Credit Card Scheme. Then, the Home page will open in front of you.
  • On the homepage you have to click on Student Login. After that, the login form will appear in front of you.
Student Login
  • Now you need to enter Application ID, Password and Captcha code and you have to click on Login.
  • After this, the Applicant’s Dashboard will appear in front of you. Now you have to click on Application Details.
  • After that you have to click on Edit Loan Application and Application form will open in front of you.
  • Now you have to enter the following details in this application form:
    • Permanent Address Details
    • Course and Income Statement
  • Student bank details
  • After this-Continue and you need to upload the following Documents.
    • Latest Color Photo of Student
    • Latest color photograph of co-applicant
    • Student’s signature as specified
    • Signature of overly fearful legal guardian
    • Student PAN card or undertaking as specified
    • Co-borrower PAN card or undertaking as specified
    • Institute admission receipt
    • Class 10th board registration certificate
  • Now you have to click on Save and Continue and a new page will open in front of you.
  • After this, you have to click on Submit Application and a dialog box will appear in front of you asking you whether you want to confirm the submission or not.
  • You have to click yes.
  • After this, you can apply under West Bengal Student Credit Card Scheme by following this procedure.

Also ReadWest Bengal Digital Ration Card 2021: Apply Online, Correction, WBPDS Status

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