Bihar Student Credit Card Scheme
Education loan of up to ₹4 lakh at 0% interest for Class 12 pass students of Bihar to pursue higher education in recognised technical, professional, and general courses.
About this scheme
The Bihar Student Credit Card Scheme (BSCC) is a transformative education financing initiative under the Mukhyamantri Nishchay Swayam Sahayata Bhata Yojana (MNSSBY), launched in October 2016 by the Government of Bihar. The scheme provides education loans of up to ₹4 lakh at zero per cent interest to Class 12 pass students from Bihar for pursuing higher education at recognised institutions across India. The loan covers tuition fees, hostel charges, books, study materials, laptop, and examination fees. No collateral is required as the loan is guaranteed by the Bihar state government. Since September 2025, the interest rate has been universally reduced to 0% for all students. Repayment begins after course completion plus a one-year moratorium period, or six months after securing a job, whichever is earlier. Applications are processed online through the official portal, followed by mandatory document verification at the District Registration and Counselling Centre (DRCC). Over 5 lakh students have benefited from the scheme.
Eligibility
- Residence: Must be a permanent resident of Bihar — domicile certificate required
- Education: Must have passed Class 12 (Intermediate) from any recognised board — BSEB, CBSE, ICSE, or any state board
- Age limit: Must not exceed 25 years at the time of application
- Institution: Must be enrolled in or have admission to a course at a UGC, AICTE, or state government-recognised institution
- Other assistance: Must not be receiving any other allowance, scholarship, student credit card, or education loan from any government scheme
Benefits
- Education loan of up to ₹4,00,000 for higher education
- Zero per cent (0%) interest rate for all students since September 2025
- No collateral or security required — Bihar government guaranteed
- Covers tuition fees, hostel accommodation, books, study materials, laptop, and examination fees
- Moratorium period of one year after course completion before repayment begins
- Flexible repayment tenure of 7 to 10 years
- Loan processing is free — no application or processing fee
- Applicable for over 42 approved courses including B.Tech, MBBS, BA, BSc, BCom, BBA, LLB, BCA, MBA, and more
- No minimum percentage requirement in Class 12 — just need to have passed
Required documents
- Aadhaar card
- 10th marksheet and certificate
- 12th marksheet and certificate
- Bihar domicile / residential certificate
- Family income certificateIssued by competent authority — no strict income ceiling applies
- Admission letter from institution
- Fee structure of the course
- Bank passbook (Aadhaar-linked)
- Passport-size photographs
- PAN card(optional)If available — for applicant and co-applicant
- Co-applicant (parent/guardian) documentsAadhaar, PAN, income proof (salary slip/ITR), and bank statement (last 6 months)
Frequently asked
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