West Bengal Student Credit Card- Benefits, Eligibility, Application Process

West Bengal Student Credit Card Scheme is a beneficial approach that was launched by Mamta Banerjee ( Chief Minister of West Bengal) for enhancing the professional graph of meritorious students. It’s all set with its core principles and adjectives and aims to bring a revolutionary change within the education system of West Bengal.

Though there’s no official confirmation from the Central Government of India, this decision has been initially discussed during the ‘State Cabinet Meeting’ which took place on 24th June 2021. The State Government ( WB) is focusing on organising seminars and discussions within schools, colleges and universities for making students aware of this seamless educational scheme which comes with multiple benefits for a longer period.

As it’s a recent launch, there must be several students who won’t be knowing about the benefits associated with West Bengal Student Credit Card Scheme and hence we’re here with all the relevant details to help them out!

Highlighting Features of West Bengal Student Credit Card Scheme

Which Students Can Apply For ‘West Bengal Student Credit Card Scheme’?

• Students can avail the loan up to 10 lakhs which can be utilized for completing their higher studies
• Students appearing for competitive government can avail loan from this scheme for paying their coaching fees.
• Students who wish to pursue their graduation, post-graduation, PhD or Post Doctoral PhD in India and foreign countries
• Students pursuing their education from prestigious institutes like IIT, DU, IIM, NBU, NLU alongside aspiring UPSC candidates are also eligible to apply for this scheme.
• Students who are willing to sit for competitive exams related to IIT-JEE, NEET, CLAT, GMAT, CAT, NET, WBPS, JRF can opt for the facilities provided within this scheme.
• Students who wish to complete their studies outside West Bengal.

Major Benefits Associated With West Bengal Student Credit Card Scheme

• Simple interest rate of a minimum of 4% is charged from students
• No collateral or security is required for applying for this scheme
• Maximum Period for loan repayment is 15 years
• Loan can be also utilised for both professional and personal expenses paying fees, such as purchasing a car, laptop or paying the house rent.
• Candidates up to the age limit of 40 Years can apply for this beneficial scheme.
• Students can avail of this loan from private, non-private banks and other cooperative organisations.

Eligibility Criteria For West Bengal Student Credit Card Scheme

• The person should be a responsible citizen of India and should have resided in West Bengal for more than 10 years.
• Students studying in Class 10 or above are eligible for applying for West Bengal Student Credit Card Scheme.
• He/She should have a proper verification certificate which includes both Pan Card and Aadhar Card.
• Brochure or Educational Document which covers all the educational expenses
• Proper bank account details and income certificate needs to be submitted if the particular individual tends to work somewhere as a full-time employee.
• Residential certificate which states that the candidate is from West Bengal.
• Personal contact details including both calling and WhatsApp numbers along with a professional email address.
• 8 Passport size photographs and Digital Signature for attaching it within the documents.

Procedure for Applying For West Bengal Student Credit Card Scheme

• Step 1: Visit any of these two websites; www.wb.gov.in or https://banglaruchchashiksha.wb.gov.in
• Step 2: Log in https://wbscc.wb.gov.in
• Step 3: Tap on ‘REGISTRATION OF
• STUDENT FORM’ option
• Step 4: Fill the Registration Form for ‘West Bengal Student Credit Card Scheme

• Step 5: Tap on Register which would generate a unique user ID and password. This set of details would be sent to your registered mobile number.
• Step 6: Keep all the essential documents ready with you which are mentioned in the above list along with the unique ID safely for completing the application procedure.

• Step 7: Tap on the ‘ Student Login ‘ section for processing forward with the application form and enter the relevant student ID and the password.
• Step 8: Tap on the ‘ Apply Loan ‘ option for availing of this scheme.
• Step 9: Enter all the personal, professional, bank, and educational details of the borrower and the guarantee.
• Step 10: Upload and Verify all the important documents within the mentioned file size.
• Step 11: Cross Check all the details once again and Preview the form for final verification.
• Step 12: Submit the form and check the details on the dashboard when it’s getting forwarded to the Bank by HED.

Students need to constantly check their emails for the updates related to this scheme because sometimes educational institutes send back the form for making the relevant corrections. 

Final Words

West Bengal Student Credit Card Scheme seems to be a very progressive approach for the students who are looking forward to completing their studies and have a zeal and passion to do something spectacular in their future lives. It focuses to help those students who come from weak financial backgrounds and are willing to complete their education from reputed government or private universities. We can agree to this aspect that this step taken by the West Bengal government will surely brighten the lives of many hardworking, prestigious and meritorious students and will help them to accelerate their future careers. Moreover, it will also decrease the unemployment rate in West Bengal and will give rise to candidates who would bring in the future.