West Bengal Student Credit Card

West Bengal Student Credit Card
What is a West Bengal Student Credit Card?

The West Bengal government's Higher Education Department launched the West
Bengal student credit card programme in June 2021 to assist students in pursuing
higher education without being constrained by financial constraints. Similar to the
state government's previous education initiatives, this programme strives to assist
deserving impoverished students by giving them the opportunity to enrol in high-
quality educational opportunities.
Students in the state of West Bengal may obtain collateral-free loans for up to ten lakh
rupees using the student credit card offered by the state government. The interest rate
is one of the additional benefits that students can take advantage of by using this
programme. Students can borrow money at low yearly simple interest rates of no
more than 4% per year.
How to Apply for a West Bengal Student Credit Card?

The West Bengal student credit card application procedure consists of primarily two
stages. On the proper portal run by the state government, you would need to first
register yourself as a student. You can only apply online for a student credit card from
the West Bengal government if the registration process has been completed
successfully. Here is a step-by-step instruction manual for applying for a student credit
card.
Steps for registration as a Student
First, let's examine the procedures you would need to complete in order to register as
a student.
Step 1: Go to the 'STUDENT CREDIT CARD' link on www.wb.gov.in or

https://banglaruchchashiksha.wb.gov.in. You can also click on the 'REGISTRATION OF
STUDENT' option at the following website: https://wbscc.wb.gov.in.
Step 2: Complete the form with your basic information, including your name,
birthday, gender, and Aadhaar number.
Step 3: Type in the institution's name, state, and district as well as the name and type
of the programme.
Step 4: Enter your contact information, including your email address and mobile
number.
Step 5: Establish a secure password and input it again.
Step 6: Press 'Register' to finish the registration procedure.
Step 7: You must now enter the OTP that was issued to your registered number in
order to confirm the request.
A special ID will be produced and emailed to you on your phone after the registration
is complete. All future correspondence with the West Bengal student credit card will
be conducted using this ID.
How to Apply Online for a West Bengal Government Student Credit
Card?
You can now apply for the credit card through the WB Student Credit Card Portal
after having registered as a student. The steps that you would need to do are listed
below.
Step 1: Go to https://wbscc.wb.gov.in/ to access the West Bengal student credit
card gateway.
Step 2: Log in by providing your registration number, password, and the supplied
Captcha.
Step 3: After logging in, look for your registration number, name, and contact
information on the dashboard.
Step 4: To apply for a loan, select "Apply Now" from the menu.
Step 5: Complete the requested personal information, which may include the
student's name, father's, mother's, co-borrower's, or legal guardian's names,
mobile number, date of birth, caste, and highest degree, among other information.
Step 6: You must choose "No" next to either if you do not have an Aadhaar or PAN
card. You will be needed to download, complete, and submit an Undertaking
Document in this situation.
Step 7: Complete the co-borrower's information, including their job, caste, and
address, among other things.
Step 8: Type in your current and permanent addresses, including the house
number, PIN code, state, and assembly.
Step 9: Enter your course information, including the cost, the year that your studies
began, and the amount of loan that you will need, among other things.
Step 10: Enter the co-borrower's and your bank information, including the IFSC,
branch name, and bank name where the loan has been applied.
Step 11: Select the 'Edit Loan Application' tab from the menu on the left if you need
to make any changes to the application.
Step 12: Click 'Save & Continue' if you don't want to make any changes.
Step 13: Upload all the scanned supporting documents, including the applicant's
and co-borrower's coloured photos and signatures, the co-borrower's address
proof, the admission receipt, the co-borrower's Aadhaar card (10th standard pass
certificate must be provided if Aadhaar is not available).
Step 14: Authorise the application and select "Save & Continue"
Step 15: Go over the application information, then press "Submit Application."
Step 16: Verify your request for submission.
After the application has been verified, the Higher Education Department of West
Bengal will send it to the bank for credit card issue and loan approval. After that,
the bank will issue a physical card in accordance with RBI regulations.
Here's something you ought to be aware of. The education department and the Nodal
Officers of the individual banking institutions must both manage the student credit card
portal in order to prevent errors.
Who Can Use a West Bengal Student Credit Card?

The West Bengal government offers a student credit card for those who have
completed Class IX and wish to continue further education. Students who are
struggling financially can greatly benefit from the programme because it offers
collateral-free loans up to 10 lakhs at extremely low annual interest rates.
You can pay for your educational costs with the student credit card loan you obtain,
as well as additional non-institutional costs including hostel fees, educational
outings, off-campus rent, and course projects.
Eligibility Criteria & Required Documents for a West Bengal Student

Credit Card
It's essential to be informed of the requirements for qualifying and the list of
supporting documentation required to apply for a student credit card in West
Bengal. This can speed up the application process and help you avoid needless
rejections.
Eligibility Criteria for a West Bengal Student Credit Card
• At the time of application, you must have been a resident of West Bengal for at
least ten years and be an Indian national.
• You should have received your Class IX education from one of West Bengal's
recognised Boards.
• You must be registered for graduate studies, either in India or overseas.
• You must have been granted admission in a school, madrasa, colleges, higher
education or other institutes like IITs, IIMs, IISc, IIESTs, ISIs, NLUs, AIIMSs, NITs,
XLRI, BITS, SPA, NID, IIFTs, ICFAI Business School etc., or in an educational
institution for preparation for competitive exams such as Engineering, Medical,
Law, IAS, IPS, WBCS, or SSC, among others.
• The maximum age you should be is 40 years.
Required documents for a West Bengal Student Credit Card

• an image of the applicant in colour
• a colourful photo of the co-borrower or co-applicant
• Without an Aadhaar card, a registration certificate for the Class 10 Board is
required.
• Aadhaar card of co-borrower.
• Authentic university documentation that includes information about the course
fees and tuition.
• Entrance receipt
• PAN card for the applicant, or in the absence of a PAN, the online undertaking
form.
• the PAN card of the co-borrower or, in the absence of a PAN, the online
undertaking form.
• income statement
You might even need to provide a few additional papers for verification in addition to
the ones listed above.
How to Check the Status of Your West Bengal Student Credit Card
Application
Visit the official website to quickly track loans in West Bengal made against student
credit cards. Simply click on the aforementioned link, https://wbscc.wb.gov.in/, and
log in using your registration number, password, and the Captcha. Your loan status
will be shown on the dashboard.
The institution will send back the loan application to you if there is any discrepancy.
To check and resubmit your application, click the "Edit Loan Application" button.
The Career Counsellor
Interest Rate and Repayment Period of West Bengal Student Credit
Card
You can obtain a loan of up to 10 lakhs with the West Bengal student credit card at a
simple interest rate of 4% annually. There is an additional discount of roughly 0.5% year
for female students, which reduces the interest rate to just 3.5% annually. In addition,
if loan repayment begins within the actual study time, there is a 1% interest discount.
All students who use the programme are qualified for a one-year moratorium or
repayment holiday beginning with the sooner of the time the course is finished or the
beginning of work. A West Bengal student credit card has a 15-year repayment
schedule, including the one-year moratorium repayment break.
Here's something you ought to be aware of. Through State Cooperative Banks,
connected Central Cooperative Banks, District Central Cooperative Banks, and Public or
Private Sector Banks, you can apply for student credit card loans.
Customer service number for the West Bengal Student Credit Card
You can call the state helpdesk at 1800 102 8014 (toll-free) if you have any problems
with your West Bengal student credit card application or loan. As an alternative, you
can submit an email describing your specific issue to [email protected] or
[email protected]. Please be aware that you must provide your student credit
card registration number whenever you make a request involving your card.
Important Facts
• Before you apply online for a student credit card from the West Bengal
government, there are a few things you should bear in mind. Here's a short look
at some of the most important advice.
• For living expenditures during the study period, you may spend up to 20% of the
loan.
• For the duration of your studies at government universities, the most you can
deduct for living expenses is 2 lakh rupees.
• During the study year, you may only use up to 30% of the loan amount for non-
institutional costs.
• The most you can deduct for non-institutional expenses at government
institutions is 3 lakhs for the duration of your study programme.
• Tuition fees and other course expenses will be paid directly into the institution's
bank account.
• The card can be used to pursue your education both India and overseas.
• The West Bengal student credit card programme does not use marks as a basis
for evaluation.
• WB Student Credit Card are not transferrable.
• You can ask the issuing bank for a new card if the original is damaged.
• For those interested in a WB student credit card, there is no upper income limit.
• Application for the student credit card loan must be made jointly with a
registered co-borrower.

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West Bengal Student Credit Card

What is a West Bengal Student Credit Card?

How to Apply for a West Bengal Student Credit Card?

Step 1: Go to the 'STUDENT CREDIT CARD' link on www.wb.gov.in or

Who Can Use a West Bengal Student Credit Card?

Eligibility Criteria & Required Documents for a West Bengal Student

Required documents for a West Bengal Student Credit Card

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