Everything You Need to Know About Bihar Student Credit Card Scheme – Benefits, Eligibility, and How to Apply in 2025

Planning for higher studies is one of the most important decisions of your life. You need to find what interests you out, then look for top colleges, check for your accommodation, survival needs and most importantly, the budget part, because your defined budget affects most of your requirements. But, now not. 

Bihar Student Credit Card Scheme is designed to help most of the students to aid them in learning for their higher studies. Because education shouldn't be deprived of money, let us learn in detail about what this scheme is all about and how you can apply for the Bihar Student Credit Card Scheme 2025. 

Bihar Student Credit Card Scheme

Bihar Student Credit Card Scheme (BSCCS) was launched by the government of Bihar on 2nd October 2016 under the Mukhyamantri Nishchay Yojana. This scheme was proposed to make higher education accessible and affordable for all students of Bihar, especially for those who aren't able to continue their studies due to being financially underprivileged. 

The scheme enables the student to avail an education loan of up to ₹4,00,000 to pursue higher education after completing their class 12. The student can choose any courses across any institute in India and pursue the learning. 

Features of Bihar Student Credit Card Scheme (BSCCS)

1. Government-Backed Guarantee: The Bihar government stands as the guarantor and allows you to take collateral-free loans. 
2. Subsidised interest rates: the interest rates are extremely low, such as 1% for girls, physically-challenged students and transgender students and 4% for male students. 
3. Focus on empowerment: the scheme is particularly designed to empower and promote higher education in rural and low-income families, especially for students who are aiming for degrees in fields like engineering, medicine, management, and many more. 
4. Extended repayment: Repayment amount of the loan begins one year after course completion, giving graduates enough time to find employment, settle and then pay the amount. 
5. Complete support - The entire process is easy and supportive, helping the student to easily pass out every stage and seek aid. 

BSCCS Loan coverage 

Bihar Student Credit Card Scheme provides you a loan up to 4 lakh, but it is not fixed. The amount of the loan varies depending on the expenses of your course. For example, if your total course fee plus your educational expenses are less than 4 lakh, then the sanction amount will be the lesser one or just the rupees lakhs. 

Let's understand this via an example. If you're pursuing B.com and your educational expense of about 3.7 lakh (including tuition, hostel and other activities), then you will only get 3.5 lakh approved. Henceforth, you are eligible to get just the covered expenses related to your college charges, not more than that. 

Hostel & Mess coverage  through BSCCS 

Hostel fees are included, but only under your condition, such as: 

• The hostel must be provided by the college or institution. 
• The hostel charges must be clearly mentioned in the official fee structure that is to be provided by the college during admission. 
• The hostel charges + the tuition fees + any other educational-related expenses must be within the rupees 4,00,000 cap, then only hostel fees will be sanctioned; otherwise, if the amount exceeds, then just the tuition and other expenses to be included. 
• If you are staying in a private PG or rented flat outside the college campus, those expenses won't be covered. 
• Mess and food charges, if clearly mentioned and listed under the hostel facilities under the fee breakdown, and stay within the 4 lakh package, then it is to be considered under the scheme; otherwise, if paid separately, it won't be covered.

Note: No off campus or daily transportation are covered. The only amount to be sanctioned which is clearly mentioned by the college ends in the fee breakdown and that stays within the limit of ₹4,00,000. 

Benefits of the Bihar Student Credit Card

1. The scheme helps the student to enjoy financial freedom and pursue a worry-free education. 
2. A low interest rate helps the student avoid excessive amounts.
3. A longer repayment window allows the student to get a job and then proceed with the repayment of the loan without burdening them. 
4. The loan does not require any collateral security, hence you don't need to mortgage any of your assets. 
5. A wide range of course coverage helps the student to choose any of the disciplines they want to pursue. 

Eligibility criteria for the Scheme in 2025

Though the loan is accessible for all, there are some criteria that students must meet to take advantage of this scheme. 

• A student must have fast class 12 from a recognised board (BSEB, CBSE, ICSE, etc.)
• The student must be admitted to a recognised institute in India for any of the graduation, technical, or vocational courses.
• The student must be 25 years or below at the time of application for the loan. 
• The student must be a permanent resident of Bihar. 
• The chosen course must be recognised by the regulatory bodies. 

How to Apply for Bihar Student Credit Card in 2025 – Step-by-Step

 Step 1: Register on the Portal

• Visit the official website: https://www.7nishchay-yuvaupmission.bihar.gov.in
• Click on “New Applicant Registration”
• Fill in your name, email ID, mobile number, and Aadhaar details

Step 2: Log in and Fill out the Application

• Use the OTP sent to your mobile/email to log in.
• Choose Student Credit Card under the schemes list.
• Upload your photo, admission letter, and course details.

Step 3: Submit and Track

• After submitting, you’ll receive an Application ID.
• You can track your application status anytime on the portal.

Step 4: Document Verification

• You will be called for document verification at DRCC (District Registration and Counselling Centre).
• Carry original documents for physical verification.

Step 5: Loan Disbursal

• Once verified and approved, the loan is disbursed directly to the college/institute's account.

Document Checklist 

A checklist of documents you'll need during the application:

1. Aadhaar Card
2. PAN Card (if available)
3. 10th & 12th Marksheets
4. Admission Letter from the Institution
5. Fee Structure
6. Bank Passbook
7. Recent Passport-size Photo
8. Residence Certificate
9. Income Certificate
10. College/University Recognition Certificate (if needed)

Grievance Redressal or Help Support

If you are facing any technical issues or delays in your application process, then you can: 

• Contact the DRCC of your district. 
• Use the helpline numbers (1800 3456 444) given on the official portal (https://www.7nishchay-yuvaupmission.bihar.gov.in/)
• Raise a ticket under the “Grievance” section (https://www.7nishchay-yuvaupmission.bihar.gov.in/feedback)

Take-up 

The Bihar Student credit card scheme is not just a financial aid but is a support and the power to the students who dream of a big. So, why wait? Check your loan eligibility today at theadmission.org and start the first step towards your dream career. 

Frequently Asked Questions

• Is the loan interest-free?

No, the loan is not interest-free, but it is subsidised by the government, such as 4% interest for males, whereas 1% interest for girls for differently-abled and transgender students. 

• Can I apply if I have already started my course?

Yes, you can apply even if you’ve already begun your course, but you must stay within your academic year of admission.

• What happens if I drop out midway?

You’ll still be required to repay the loan, and the repayment period will begin 12 months after you leave the course.

• Can I reapply next year if rejected?

Yes you can apply for the next year but make sure that reason for previous rejection is resolved.