West Bengal Student Credit Card Scheme 2021: Apply Online, Eligibility & Benefits

West Bengal Student Credit Card Scheme Apply | West Bengal Student Credit Card Application Form | WB Student Credit Card Scheme Eligibility

Almost every student wants to pursue higher education but due to poor financial conditions, there are many students who are not able to fulfill their dream of getting higher education. In order to ensure the availability of higher education among all the students, the government launches various kinds of schemes. Today we are going to tell you about such a scheme launched by the West Bengal government called the West Bengal Student Credit Card Scheme. Through this scheme, students will be provided loans for higher education. By reading this article you will grab all the required information regarding this scheme like what is the West Bengal student credit card? its objective, benefits, features, eligibility criteria, required documents, application procedure, etc. So if you want to get all the important information regarding this scheme then you are requested to read this article very carefully till the end.

About West Bengal Student Credit Card Scheme

The chief minister of West Bengal Mamata Banerjee has launched the West Bengal Student Credit Card Scheme. The decision to launch this scheme was taken in a state cabinet meeting which was held on 24th June 2021. Through this scheme students studying in class 10th or above can take a loan up to Rs 10 lakh for higher studies. This loan will be available to them at a very low rate of interest. For availing of the benefit of this loan, students will be provided a credit card. With the help of this credit card, students can withdraw the amount of loan. All those students who have been living in West Bengal for the last 10 years can take benefit from this scheme. Under this scheme, loans can be availed for undergraduate, postgraduate, doctoral, and postdoctoral studies in India or abroad.

West Bengal Student Credit Card Scheme

West Bengal Student Credit Card Scheme Launched

The government of West Bengal has launched the West Bengal student credit card scheme on 30th June 2021. This scheme has been launched in order to provide loans to students for their education. Various meetings are being held with colleges in order to explain the action plan of this scheme. The department of Higher Education will soon release an official order to launch the West Bengal student credit card scheme. The maximum limit of this loan is Rs 10 lakh. This loan can use for pursuing studies in India and abroad. This scheme was a part of the election manifesto made by current Chief Minister Mamata Banerjee.

Nearly 26000 Students Have Applied Within 9 days Of Launching

As you all know, the Chief Minister of West Bengal Mamata Banerjee launched the West Bengal student credit card scheme on 30th June 2021. Within the first 9 days of launching this scheme, 25,847 students have applied. Out of these 25,847 students 5,899 students are studying outside Bengal. 16384 male students and 9461 female students have applied for this loan till 9th July 2021. To get a loan, the students are not required to provide any kind of surety as the Bengal government will be the surety. Students can buy laptops, books, pay tuition fees or boarding charges through this loan.

Government to spent Rs 1355 Crores To Provide Loans To Nearly 26000 Students

Under this scheme nationalized and cooperative banks will provide loans for higher studies and diploma courses at an interest rate of 4% per annum. This interest rate will be further reduced if repayment is done within the study period. The Government is going to spend Rs 1355 crores to provide loans to these 25847 students. Students can apply for this loan considering the course fee he is currently studying and for future courses, he has to apply for a fresh credit after admission to that course. Under this scheme, loans are also provided for cracking various competitive exams like Neet, JEE, and civil services. It has to be noted that under this scheme loans cannot be applied for those course fees which have already been paid to the educational institution

Interest Rate Under West Bengal Student Credit Card Scheme

All those students who are studying in class 10th and above can take the benefit from the West Bengal student credit card scheme. Through this scheme, students can avail a hassle-free and collateral-free loan with a nominal interest of 4%. This loan will be provided without any security or collateral security in a tangible or intangible form other than the co-obligation of parents. The repayment period for this loan is 15 years. The institution and department of higher Education will send the application of students to the bank. Students can use the loan amount for institutional as well as non-institutional expenses like rent, hostel fees, study tours, projects, etc

Repayment Period Of West Bengal Student Credit Card

The scheme was a part of the election manifesto of Trinamool Congress. Students can take the benefit from this scheme up to 40 years of age. After getting a job the students Have To repay the loan within a period of 15 years. It is also worth noting that the procedure to apply for a loan will be made easy so that students can easily take loans. Students can also apply for a credit card online. West Bengal Student Credit Card Scheme has officially launched on 30th June 2021. Now the students of West Bengal will be able to get higher education despite their financial conditions.

Key Highlights Of West Bengal Student Credit Card

Name Of The SchemeWest Bengal Student Credit Card
Launched ByGovernment Of West Bengal
BeneficiaryStudents Of West Bengal
ObjectiveTo Provide Loans For Higher Education
Official Websitehttps://wbscc.wb.gov.in/
Year2021
Amount Of LoanUpto Rs 10 Lakh
Repayment Period15 Years After Getting Job
StateWest Bengal
Application TypeOnline/Offline

Objective Of West Bengal Student Credit Card Scheme

The main objective of the West Bengal Student Credit Card is to provide loans to students for higher education. Through this scheme loans up to Rs, 10 lakh will be provided to students which will help them to pursue their higher education without thinking about the financial burden. Now each and every student of West Bengal will be able to get higher education. This scheme will also reduce the unemployment rate among the citizens of West Bengal as now more students will be able to get education and employment.

Benefits And Features Of West Bengal Student Credit Card

  • The chief minister of West Bengal Mamata Banerjee has launched West Bengal Student Credit Card Scheme
  • Through this Scheme, students will be provided educational loans up to Rs 10 lakh for higher studies
  • The decision to launch this scheme was taken in a state cabinet meeting which was held on 24 June 2021
  • Students studying in class 10th or above will be able to take benefit of this scheme
  • The loan provided through this scheme will be available at a very low rate of interest
  • In order to get the number of loans students will be provided a credit card
  • Through this credit card, students can withdraw the amount of loan
  • All those students who are living in West Bengal for the last 10 years can take benefit of this scheme
  • West Bengal Student Credit Card can also be availed for undergraduate, postgraduate, doctoral, and postdoctoral studies in India or abroad
  • This scene was a part of the election manifesto of Trinamool Congress
  • The benefit of this scheme can avail till 40 years of age
  • After getting job students to have to repay the amount of the loan within a period of 15 years

Eligibility Criteria Of West Bengal Student Credit Card

  • The applicant must be permanent resident of West Bengal
  • Applicant must be living in West Bengal for a period of at least 10 years
  • The upper age limit to apply for this scheme is 40 years

Required Documents To Apply For West Bengal Student Credit Card Scheme

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

Apply Online West Bengal Student Credit Card Scheme

Registration

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
Student Credit Card Scheme
Student Credit Card Scheme Form
  • The registration form will appear before you
  • You have to enter the following information in the registration form:-
    • Applicant name
    • Date of birth
    • Gender
    • Aadhar number
    • Program type
    • Program name
    • State of institution
    • District of institution
    • Name of institution
    • Mobile number
    • Email ID
    • Password etc
  • After that, click on the register
  • Now unique ID will generate and it will send to your registered mobile number
  • This user ID will use as a user ID for all future purposes

Login

WB Student Credit Card Scheme
  • After that, you have to enter the application ID, password, and captcha code
  • Now you have to click on the login
  • Applicant dashboard will appear before you
  • Now you have to click on the application detail
  • After that you have to click on the edit loan application
  • The application form will appear before you
  • You have to enter the following details in this application form
    • Personal details
    • Co borrower details
    • Present address details
    • Permanent address details
    • Course and income details
    • Bank details of the student
  • Now you have to click on save and continue
  • After that, you have to 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
  • Now you have to click on save and continue
  • A new page will appear before you
  • You have to click on the submit application
  • After that, a dialogue box will appear before you asking you if you want to confirm to submit or not
  • You have to click on yes
  • By following this procedure you can apply under the West Bengal student credit card scheme

Administrator Login

Administrator Login
  • After that you have to select your user type
  • Now you have to enter your user id, password and captcha code
  • After that you have to click on login
  • By following this procedure you can do administrator login

Procedure To Do Student Login

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • Now you click on student login
Student Login
  • Login form will appear before you
  • You have to enter applicant ID, password and captcha code
  • After that you have to click on login
  • By following this procedure you can do student login

Student Dashboard

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • Now you are required to click on student login
Student Dashboard
  • After that you have to enter applicant ID, password and captcha code
  • Now you have to click on login
  • After that you have to click on dashboard
  • By following this procedure you can view student dashboard

Procedure To Track Application

Track Application
  • Now you have to enter your applicant ID, password in captcha code
  • After that you have to click on login
  • Now you have to click on track application
  • After that you have to enter your applicant ID
  • Now you have to click on search
  • Required information will be on your computer screen

Download Training Manual

  • Visit the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • Now you are required to click on user manual
  • After that you have to click on training manual
  • Training manual will appear before you in PDF format
  • You have to click on the download option in order to download it.

Procedure To Download User Manual Of Student

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • On the homepage you are required to click on downloads
  • After that you have to click on user manual of student
Student Credit Card Scheme
  • User manual will appear before you in PDF format
  • You have to click on the download option in order to download it

User Manual Of Institutions

Student Credit Card Scheme
  • The user manual of institution will appear before you in new tab
  • If you want to download it then you are required to click on download option
  • User manual will be downloaded in your device.

Procedure To Download User Manual Of HED

  • Visit the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • On the homepage you are required to click on downloads
  • After that you have to click on user manual of HED
Download User Manual Of HED
  • A new page will appear before you
  • On this new page you have to click on the download option
  • User manual of HED will be downloaded in your device.

Download User Manual Of Bank

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • Now you are required to click on downloads
  • After that you have to click on User Manual of Bank
Download User Manual Of Bank
  • User manual will appear before you in PDF format
  • Now you have to click on download option
  • User manual of bank will be downloaded in your device.

Online Application And Loan Sanction Process

Loan Sanction Process
  • Now you have to select your user type
  • After you have to enter your user id, password and captcha code
  • Now you have to click on login
  • A dashboard will appear before you
  • Now you have to click on application pending option
  • Now a new page will appear before you
  • On this new page and MS Excel sheet containing all pending applications will be generated
  • You can download it by clicking the download excel button which is present at the top right for class
  • In order to view this application you have to click on view icon
  • A new page will appear before you
  • You can download the following documents from this page:-
    • Pan and Aadhar of applicant
    • Pan address proof of the co borrower
    • Course fee details
    • Proof of admission of the applicant
  • Now you have to click on the application pending menu of the dashboard
  • After that you have to click on sanction loan icon of a particular application
  • From here you can either sanction loan or reject the loan by application on loan sanction or loan reject button respectively
If the loan is sanctioned
  • If the loan is sanctioned then a new page will appear before you
  • On this new page you have to enter the sanction amount in numeric and words
  • Now you have to upload copy of sanction letter
  • After that you have to click on submit
If the loan is rejected
  • If the loan is rejected click on reject loan option
  • Now we have to select the rejection cause from the drop down menu
  • After that give benchmark for parameters in birds as per your bank norms
  • After that you have to click on submit

Procedure To Do Institution Profile Submission

  • First of all, go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • On the homepage you are required to click on administrator login
Institution Profile Submission
  • Now you have to select your user type
  • After that you have to enter your user id, password and captcha code
  • Now a new page will appear before you
  • On this new page you have to click on submit institution details
  • Now you have to enter the following details:
    • Name of institution
    • AISHE code
    • Aggregation details
    • Rank type
    • Rank
    • Affiliation details
    • Address of institution
    • State of institution
    • District of institution
    • Name of nodal officer
    • Designation of nodal officer
    • Email ID of nodal officer
    • PAN number of institutions
    • Tan number of institution
    • IFS code
    • Institution Bank name
    • Branch name
    • Account number
  • After that you have to upload the following documents
    • AISHE Certificate
    • Accreditation document
    • Rank document
    • Affiliation document
  • Now you have to click on submit details
  • By following this procedure you can do Institute profile submission

Approve The Application by HED

Application by HED
  • After that you have to select the user type
  • Now you have to enter your user id, password and captcha code
  • After that you have to click on login
  • Now you have to click on verify application
  • Now you have to click on view application
  • A dialogue box will appear with the photograph and the application with forward, return, view and track button
  • You have to click on the view button in order to check all the details of the applicant
  • If all the details are found correct then you have to click on forward option
  • Now a confirmation page will appear before you
  • You have to click on yes option
  • Now this application will be forwarded to bank
  • Now you have to change the status so that user can view the status of forwarded application to the bank
  • If the application is found in correct then you have to click on return button to send it to the head of the institution

View Contact Details

  • Go to the official website of the West Bengal student credit card scheme
  • The home page will open before you
  • On the homepage click on contact us
View Contact Details
  • A new page will appear before you
  • On this new page you can view contact details
Contact Details

Through this article, we have provided you with all the important information regarding the West Bengal student credit card scheme. If you are still facing any kind of problem then you can contact a helpline number or write an email in order to solve your problems. The helpline number and email ID is as follows:-

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