The West Bengal Student Credit Card Scheme 2025 is Ongoing. Those Students who are financial week but want to continuing Further Study in higher education include various Competitive Exams, Degree Courses and Professional courses. The scheme offers a loan of up to ₹10 lakh at a simple interest rate of 4% per annum, with a repayment term of 15 years. Eligible students can apply for the scheme online, and the registration process is currently ongoing.
Also Read :- Bihar Student Credit Card Scheme 2025: Loan for Higher Studies Made Easy
Objective of WB Student Credit Card Scheme 2025
The purpose of the Student Credit Card Scheme described here is to give students who have lived in West Bengal for at least 10 years and are enrolled in class X and beyond, or who are enrolled in various coaching programs to take competitive exams both domestically and abroad, financial support or assistance from the State Government at a nominal interest rate (with appropriate guarantees to the bank). These students are unable to pursue higher education because of financial limitations.
| Direct Link to Apply | Click Here |
This WB Student Credit Card Scheme supported for Studying in:
- Competitive examinations like Engineering/ Medical/ Law, IAS, IPS, WBCS, SSC etc., UPSC, PSC, SSC etc.
- pursuing Undergraduate, Postgraduate courses including professional degree, Diploma courses and research at doctoral/ post-doctoral level or other similar courses in schools, Madrasahs, colleges, Universities and other institutes.
- Studying in Institutes like e IITs, IIMs, IIESTs ISIs, NLUs, AIIMSs, NITs, XLRI, BITS, SPA, NID, IISc, IIFTs, ICFAI Business School etc.
WB Student Loan for Pay Additional Expenses 2025- Includes
- Fees payable for caution deposit/ building fund / refundable deposit/ examination/ library/ laboratory fees to be supported by Institution’s bills/ receipts.
- Cost of purchasing of books/ Computer/ Lap-top/ Tablet/ equipment etc.
- Any other expense required to complete the course such as study tours, project works, thesis, etc.
- Up to 20% of the total loan sanctioned can be used as living expenses for the duration of the course.
WB Student Credit Card Scheme 2025: Loan Amount
Under this Scheme the aspiring students may upon fulfilling the terms and conditions detailed herein, obtain maximum loan of Rs. 10.00 lakhs at the rate of 4% simple interest from State Cooperative Banks and its affiliated Central Cooperative Banks and District Central Cooperative Banks and Public Sector/ Private Sector Banks operating in the State of West Bengal.
Who are Eligible for WB Credit Card Loan Scheme 2025
- Candidates should be an Indian National and Resident of West Bengal for the 10 years.
- Student Age should not be more than 40 years.
- 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.
- Credit card will link preferably students Adhar Card or the Class X registration number with the concerned portal while applying to the Higher Education Department Through their respective Institution.
FAQs
Public/private sector banks, district central cooperative banks, state cooperative banks, and connected central cooperative banks.
Yes, you can apply online through the official website.
Simple Interest is 4.00% Per Annum.
