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West Bengal student credit card scheme PDF download:- From here you can download Student credit card Scheme PDF.West Bengal Govt launches new scheme for West Bengal student . From this Scheme WB govt give 10 lakh rupees credit card to needy student for their educational loan.
WEST BENGAL STUDENT CREDIT CARD SCHEME:- To download the scheme document you need to Click here. West Bengal Govt has launches three different website for this scheme. From where you able to download all details updates about West Bengal student credit card scheme PDF and also you get all details updates about this WB student card scheme.
West Bengal student credit card scheme PDF download
| Scheme Name | West Bengal student credit card scheme |
| State | West Bengal |
| Benefits | 10 lakh rupees loan benefit for higher studies. |
| Issuing Authority | West Bengal Govt |
| Launch Date | 30/06/2021 |
| Official Website For WB Student Credit Card | Visit www.wb.gov.in or https://banglaruchchashiksha.wb.gov.in or https://wbscc.wb.gov.in |
| More updates For West Bengal Student Credit Card | Click Here |
Student Eligibility and the process
| (a) The student seeking loan under the scheme should be an Indian national and resident of West Bengal for the last 10 years. Self-declaration by the student as appended in the application form will be accepted. A copy of application format is annexed at Annexure-I. |
| (b) Student must have got himself enrolled for higher studies including courses as stated in para 3 of this scheme, either within or outside the country, in the School, Madrasahs, colleges, Universities and other institutes like IITs, IIMs, IISc, IIESTs, ISIs, NLUs, AIIMSs, NITs, XLRI, BITS, SPA, NID, IIFTs, ICFAI Business School etc. or studying in various coaching institutes for appearing in different competitive examinations like Engineering/ Medical/ Law, , IAS, IPS, WBCS, SSC etc. |
| (c) Aspiring Student will apply online as per the format given at Annexure-I, through a web-based portal to be maintained by the Higher Education Department through the respective School/ Madrasah/ College/ University/ Institute in which he has got enrolled. The portal will have dashboard for each such student which shall be accessible to the Institutes concerned, the Department and the Bank. |
| (d) The interested students should not be aged more than 40 (forty) years at the time of applying for loan. |
| (e) The student applied for the credit card will link preferably their AADHAR Card or the Class X registration number with the concerned portal while applying to the Higher Education Department through their respective Institution. |
| (f) The Higher Education Department will forward the applications after due examination to the Bank for sanction and issuance of Credit Card. |
| (g) The concerned Bank will sanction the applications after due examination and issue the credit card in physical form based on the recommendation given by the Department and upon complying necessary formalities by the student/ guardian/ parent as required under RBI guidelines |
| (h) There shall be a Nodal officer for maintaining the web-based portal at the Department, Institution and the Bank level who shall have permission to access the student’s dashboard availing loan under this scheme. |
| (i) The student concerned needs to upload his progress report card/ statement on completion of each semester/ year examinations. |
YouTube Video About WB Student credit Card
Quantum of loan and documentation
- Maximum amount of loan available under the Scheme is Rs. 10.00 lakhs at 4% simple rate of interest per annum, after interest subvention.
- For the entire amount of loan sanctioned up to Rs.10.00 Lakh, rate of interest to be charged at prevalent 3- year MCLR of State Bank of India Plus 1%. The Rate of Interest so fixed on the date of sanction will remain fixed and calculated at simple rate for the entire duration of the loan.
- A student can avail loan under this scheme at any time during the course of study.
- The bank concerned shall upload the details of the loan to the Department’s portal immediately after disbursement of the loan and such detail shall be updated by the Bank from time to time.
- The loan application should be submitted by the student and the parent/ legal guardian as co-borrower.
- Student and Parents/ Legal Guardians will enter into an agreement with the bank.
Insurance: – There will be a life cover in the name of the student up to the loan amount sanctioned. The insurance premium is to be borne by the student and the same may be debited from his Loan account.
You able to all details updates about this scheme and how to made online application for this student credit card in West Bengal. WB govt has launch this scheme for student for their higher studies . Student get up to 10lakh rupees educational loan. From where they get higher degree . No guarantor is required , as govt is the guarantor for this Wb student credit card scheme. <<Click Here>> to more updates and document required for this scheme.
To types of online application are there for this West Bengal Student credit card 2021. One is Aadhar based and another is Non Aadhar Based.
If you select Aadhar based online application for this student credit card then there no need to provide 10+2 details, but if you do not have Aadhar then provide Registration Number of (10+2) standard board & Then type the name of the 10+2 standard board.
AFTER COMPLETION OF THE REGISTRATION PROCESS A UNIQUE ID WILL BE GENERATED WHICH WILL BE SENT TO YOUR MOBILE NUMBER WHICH WILL BE USED AS YOUR USER ID FOR SUBMISSION OF APPLICATION. THIS UNIQUE ID WILL BE USED AS USER ID FOR ALL FUTURE PURPOSES
West Bengal student credit card scheme PDF download
FAQs
How to download student credit card online application documents ?
From this post you able to download wb student creit card Scheme online application PDF.
West Bengal student credit card scheme PDF download ?
Visit www.wbedu.in , where you find direct link for West Bengal student credit card scheme PDF download.
WB student credit card limit ?
10lakh rupees.
WB student credit card interest rate ?
4% per year.
Eligibility for WB student credit card ?
1. Resident of India 2.Student or his/her family should be a resident of West Bengal for last 10 years,3.Student must get himself/herself enrolled for studying in class x /Higher Secondary/UG/PG courses. To get details download this Student credit card west Bengal PDF file from here.
WB student credit card interest are simple or compounded rates?
There is a simple interest on wb student credit card . The interest rate is 4%/year.
Can i purchases Laptop/PC/Book from this WB student credit card ?
Yes you will. Certain portion of Student credit card loan amount is credited to student bank account . From where student can buy Computer,Laptop,Stationary product,Tab,Books etc.
Margin money for West Bengal credit card is ?
Loan up to 4lakh is – NIL, Above 4lakh loan Margin Money is 5%{Scholarship/Assistance-ship to include in Margin Money } .
How many rupees gave by the student after 15years (all rupees with interest)
Loan amount with 4% simple interest rate per annum