Sri Mamta Banerjee, Honorable Chief Minister of West Bengal, has announced the WB Student Credit Card Scheme. So, students from economically weaker backgrounds can fulfil their dream of getting higher education through this student credit card scheme.
Now, students of West Bengal can avail higher education loans due to their poor financial condition. If you are interested and want to know about the registration process, eligibility and loan amount, then this article will help you.
WB Student Credit Card Scheme was officially launched on 30th June 2021. The decision to launch this scheme was taken in the state cabinet meeting held on 24 June 2021. The plan was a part of the election manifesto of the Trinamool Congress.
WB Student Credit Card 2022
So, first of all, apply for the education loan, and once the application is approved, students can withdraw the loan amount from any private or government bank. Thus, all the students residing in West Bengal for the last ten years will be benefited from this scheme.
Below are some of the steps on how to apply for a WB Student Credit Card Loan. Students of class 10th or above can take up to Rs 10 lakh for higher education through this scheme, and the age of 40 years can also take advantage of this scheme.
In addition, West Bengal student credit card loans can also be availed for undergraduate, postgraduate, doctoral and postdoctoral studies in India or abroad.
WB Student Credit Card Loan Eligibility
10th pass or above who belongs to West Bengal for at least ten years will be benefited from this scheme. So, if you belong to West Bengal, you can apply online as soon as the notification is released on the official site to get the benefits.
Through this scheme, a loan of up to Rs 10 lakh will be provided, which will help you to pursue your higher education without thinking about the financial burden.
This scheme will also reduce the unemployment rate among the citizens of West Bengal. Because now more and more students will be able to get higher education and get employment in the country or abroad.
WB Student Credit Card Eligible Loan Amount
Here, you can get a student loan of up to 10 lakhs for study. But, for that, you have to fulfil all the eligibility criteria. It is also worth noting that applying for the loan will be simplified to avail the loan efficiently. Students can also apply for a credit card online.
WB Student Credit Card Interest Rate
It is unclear what the interest rate is (It may be 1% to 4%), but students will get a loan at a very nominal interest rate through the student credit card scheme. However, students have to repay the loan within 15 years after getting the job.
WB Student Credit Card Scheme Details
Hence, we have shared all the necessary information about student credit cards below in this article. Which will help in taking advantage of this scheme.
|SCHEME NAME||W.B. STUDENT CREDIT CARD|
|Launched By||Government of West Bengal|
|Start Date to Apply||30 June 2021, (Online/Offline)|
|Eligible Students||10 pass or above who belong to at least 10 years in West Bengal|
|Age Limit||The age limit to apply for this scheme is up to 40 years.|
|Loan Amount||10 Lakh (maximum)|
|Objective||Loan for higher education|
|Repayment Period||Within 15 years of getting the job|
|The Following Expenses will be Met.||Institutional fee/Course fee/Tuition fee/Library fee/Examination fee and more|
- HDFC Credila Education Loan Criteria: How to apply for an education loan
- Tata SBI Credit Card Encash Loan Offers for Cardholders
- How you can get HDFC Instant Loan against a credit card
Official website: Click here
Documents Required for WB Student Credit Card
These are the necessary documents for the students to get the benefits of this scheme.
- Aadhar Card
- Residence Certificate
- Age proof
- Ration Card
- Educational Certificates
- Bank Account Details
- Mobile Number
- Aadhar Card
- Income Certificate
- Passport Size Photograph
WB Student Credit Card Registration 2022
The student and co-borrower will agree with the bank as per the rules. Here no security deposit will be required for student credit card loans. The West Bengal government will be the guarantor for the student loan.
The student card option has been added, you can read the details in PDF format on the official website, and the direct link is shared below. So now you can register and apply for a student credit card online (updated).
Official website: Click here
Direct link to register: Click here
Home Page: Click here
Watch this video:
A: The government of West Bengal will launch an online portal in the evening on 30/06/2021, where you can apply for this scheme. We will provide the portal link as soon as we get it.
A: You will get up to 10 lakhs.
A: It could be 4%.
A: 10th pass and above can apply for this scheme. Students must be residents of West Bengal of a minimum of 10 years, and maximum age of up to 40 years can apply.
A: After getting the job, you have to repay it within 15 years.
A: You can take it from any cooperative bank or any national bank.