About the Scheme

Under the visionary leadership of Mamata Banerjee, Hon’ble Chief Minister, West Bengal, The Higher Education Department, Government of West Bengal has introduced the Student Credit Card Scheme for the students of West Bengal to enable them to pursue education without having any financial constraints. This scheme is designed to support the students to pursue secondary, higher secondary, madrasah, undergraduate and post graduate studies including professional degree and other equivalent courses in any School, Madrasah, College, University and other affiliated institutes within and outside India. Students studying in various coaching institutions for appearing in different competitive examinations like Engineering, Medical, Law, IAS, IPS, WBCS etc, can also avail the loan under this scheme. A student from West Bengal can obtain a maximum loan of Rs. 10 lakhs @ 4% per annum simple interest from the State Cooperative Bank and its affiliated Central Cooperative Banks and District Central Cooperative Banks and Public/ Private Sector Banks. 1% interest concession will be provided to borrower if the interest is fully serviced during the study period. The upper age limit for the interested students has been kept as 40(forty) years at the time of applying for loan. The repayment period shall be fifteen (15) years for any loan availed under this Credit Card including the Moratorium/ repayment holiday. For details kindly go through the Scheme given in this portal.

Documents Required

Please keep the following documents with you before registration process:

Colour Photograph of the applicant (should be in .jpeg / .jpg between 50 KB and 20 KB)
Colour Photograph of the co-applicant / co-borrower (should be in .jpeg / .jpg format, between 50 KB and 20 KB)
Signature of the student (should be in .jpeg / .jpg format, between 50 KB and 10 KB)
Co-borrower / Guardian’s signature (should be in .jpeg / .jpg, format, between 50 KB and 10 KB) (e) Student’s AADHAR Card (should be in .pdf format, between 400 KB and 50 KB)
Student’s AADHAR Card (should be in .pdf format, between 400 KB and 50 KB)
Student’s Class 10th Board registration certificate (if no AADHAR card) (should be in .pdf format between 400 KB and 50 KB)
Guardian’s Address Proof (should be in .pdf format between 400 KB and 50 KB)
Admission Receipt (should be in .pdf between 400 KB and 50 KB)
Student’s PAN Card / undertaking if there is no PAN Card (should be in .pdf format between 400 KB and 50 KB)
Guardian’s PAN Card / undertaking if there is no PAN Card (should be in .pdf format between 400 KB and 50 KB)
Relevant page of the brochure / document detaining course fee / tuition fee (should be in .pdf format between 400 KB and 50 KB)