West Bengal Student Credit Card Scheme 2022 – Apply Online, Eligibility and Benefits

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West Bengal Student Credit Card Application Brief

Nearly every student desires to go to university, but many students are unable to do so because of financial constraints. The government offers many schemes to make higher education more accessible for all students. We will be introducing the West Bengal Student Credit Card Scheme, a scheme that was launched by the West Bengal government. Students will be able to get loans for higher education through this scheme. This article will provide all information about the scheme, including the Student Credit Card West Bengal apply online. Its purpose, benefits, features and eligibility criteria. The application process, documents required, and other details. This article will provide all of the information you need about the scheme. Please read it carefully.

West Bengal Student Credit Card Application and Scheme Complete details

Information about West Bengal Student Credit Card Scheme

Mamata Banerjee, West Bengal’s chief minister, has launched the West Bengal Student Credit Card Scheme. This scheme was launched at a meeting of the state cabinet, which took place on 24 June 2021. Students in 10th and above can apply for a loan of up to Rupees Ten Lakh for their higher education. They will have access to this loan at a very low interest rate. Students will receive a credit card to be able to take advantage of this loan. Students can withdraw the loan amount with the credit card. This scheme is open to all students who have lived in West Bengal for at least 10 years. This scheme allows students to borrow loans for their undergraduate, graduate, and doctoral studies in India or overseas.

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West Bengal Student Credit Card Program Launched

The West Bengal government launched the student credit card scheme for West Bengal on 30 June 2021. This scheme was created to offer loans to students to finance their education. Colleges are currently being facilitated with the scheme’s action plan. Soon, the department of Higher Education will issue an official order for the launch of West Bengal’s student credit card scheme. This loan has a maximum limit of Rupees Ten lakh. The loan can be used to pursue studies in India or abroad. This scheme was part of Mamata Banerjee’s election manifesto.

Interest Rate under West Bengal Student Credit Card Scheme

Students in 10th or above grade can benefit from the West Bengal student card scheme. Students can get a loan without any collateral and with a nominal interest rate of 4%. The loan is provided without the need for collateral or security, other than the parental co-obligation. This loan has a 15-year repayment term. The bank will forward the student’s application to the institution or department of higher education. The loan amount can be used for both institutional and non-institutional expenses such as rent, hostel fees, project costs, etc.

Repayment Period of West Bengal Student Credit Cards

This scheme was included in the election manifesto for Trinamool Congress. This scheme is available to students up to the age of 40. Students must repay the loan within 15 years after they have found work. Students will find it easy to apply for loans. Online credit card applications are also possible for students. The official launch of the West Bengal Student Credit Card Scheme is scheduled for 30 June 2021. Students in West Bengal can now get higher education regardless of their financial situation.

The Key Features of the West Bengal Student Credit card

WB Student Credit Card Highlights 
Name of the SchemeWest Bengal Student Credit Card
Announced and launchedGovernment of West Bengal
Announcement Date24th June 2021
Beneficiary of the SchemeAn Indian resident (Students who have lived in West Bengal for at least 10 years are eligible to apply for this scheme).
Age criteriaAges 18-40
ObjectiveTo provide loans for higher education
Types of EducationPostgraduate, doctoral and postdoctoral study in India or overseas.
Official Websitehttps://wbscc.wb.gov.in/
Launch Data30th June 2021
The amount of the loanAs high as Rs 10 Lakh
Margin Money:(a) Rs. 4.00 Lakhs: NIL (b) Above Rs. 4.00 Lakhs: NIL(b) Above Rs.
Margin to include (c) Scholarship/Assistance ship
(d) Margin will be added on a year to-year basis, as and when In all cases, disbursements will be made pro-rata.
SecurityThere are no security requirements. The State Government will work with banks to agree on this matter separately.
Interest rateSimple rate of interest: 4% per annum

After interest subvention, annum
Modal of disbursement(a). The loan amount will be credited to the account designated. In case of payment of course fee or other, the Institution responsible Fees related to the Institution

(b). (b) The loan amount will be Credit to student's Bank account for purchase of Computer/ Laptop, books, stationeries, living expenses, etc.
MoratoriumUnder this arrangement, there will be a one-year repayment holiday or moratorium

Scheme after the completion of the course, or one year after obtaining employment, whichever comes first.

(d). (d) The student or co-borrower shall repay the loan in full as the 1st charge.
Repayment(a). Any loan taken out shall have a 15-year repayment period This Credit Card includes the Moratorium/repayment holiday

(b). (b) You can pay off the loan amount prior to the end of the time but there will be a penalty.

If the interest is paid in full during the study period, a concession of c.1% will be granted to the borrower.

(d). (d) The student or co-borrower shall repay the loan in full as the 1st charge.
Type of applicationOnline

Students Credit Card Scheme in West Bengal: Objective

The West Bengal Student Credit Card’s main purpose is to offer loans to students to finance higher education. Students will be able to get loans of up to Rupees Ten lakh through this scheme. This will allow them to continue their education without worrying about the financial burden. Every student in West Bengal will now be able get higher education. As more students can now get education and work, West Bengal’s unemployment rate will decrease.

The West Bengal Student Credit card has many benefits and features

  1. Mamata Banerjee, West Bengal Chief Minister, has launched the West Bengal Student Credit Card Scheme
  2. Students will receive educational loans of up to Rs 10 Lakh for higher education through this scheme
  3. This scheme was launched at a meeting of the state cabinet, which took place on 24 June 2021
  4. This scheme is available to students in the 10th and above classes.
  5. This scheme will provide a loan at a very low interest rate.
  6. Students will need a credit card in order to obtain the loans they want.
  7. Students can use this credit card to withdraw the loan amount
  8. This scheme is available to all students who have lived in West Bengal over the past 10 years.
  9. The West Bengal Student Credit card can be used for any undergraduate, postgraduate or doctoral studies in India and abroad.
  10. This scene was part of the election manifesto for Trinamool Congress
  11. This scheme is available up to 40 years old
  12. Students must repay the loan amount within 15 years after they have been employed.

What are the expenses that will be covered by the Student Credit card loan?

This scheme allows the Credit Card to be used to obtain a loan to pay for the following expenses:

  1. Fees for courses payable to the College/ University/ Madrasah/ School/ Madrasah/ College / Professional Institutes such as IITs and IIMs IIESTs, ISIs. NLUs. AIIMSs. NITs and XLRI, IISCs and BITS, SPA. NID, IIFTs. ICFAI Business School. There are many competitive coaching institutes that cater to different types of competitive athletes. Exams such as engineering/Medical/Law.
  2. Accommodation fees for School/ Madrasah/ College Rent/license fees or hostel at University/Institution are payable for living Outside the hostel, fees or charges for living as a paying guest
  3. Building fund/ caution deposit fees / refundable Deposit/ Examination/ Library/ Labor fees to be paid by Receipts/ bills from the institution
  4. Price of purchasing books/computers/lap-tops/tablets/etc.
  5. Other expenses such as thesis writing, study tours, and project work that are necessary to complete the course.
  6. Student can spend up to 30% of total loan amount For the entire course of study, sanctioned for all non-institutional expenses
  7. You can use up to 20% of your total loan amount for living expenses during the course.

Criteria for West Bengal Student Credit Card Eligibility

  • The applicant must be a permanent resident of West Bengal
  • The applicant must have lived in West Bengal for at least 10 years.
  • This scheme has a maximum age of 40 years.
  • It would be better if you had him enrolled for higher education. Studies, which include courses as described in para 3 of the scheme, either Whether you are in the Country, the School, Madrasahs or colleges, Universities and other institutions like IITs IIMs IIMs IIESTs, ISIs NLUs and AIIMSs, NITs. XLRI, BITS. SPA, NIDs, IIFTs. ICFAI Business School. etc. Studying in coaching institutes to appear in Different competitive exams like Engineering/ Medical/ Law, IAS IPS, WBCS and SSC
  • At the time you apply for student’s credit cards, your age should not exceed 40 (forty). Years.

Documents required for Application of West Bengal Student Credit Card Scheme

Keep the following document handy so you can easily file your application.

  • Your color photograph (should be in either.jpeg or.jpg, between 50 and 20KB).
  • Color Photograph of the coapplicant/co-borrower (should appear in.jpeg or.jpg format and should be between 50 KB to 20 KB).
  • Signature of the student should be in.jpeg or.jpg format and between 50 and 10KB.
  • Co-borrower/Guardian’s signature (should appear in.jpeg or.jpg format and be between 50 KB to 10 KB).
  • The Student’s AADHAR card (should be in the.pdf format, between 400 and 50KB).
  • If there is no AADHAR card, the student’s Class 10th Board registration document should be in.pdf format (between 400 KB to 50 KB).
  • Guardian’s Address Proof (should exist in.pdf format, between 400 KB to 50 KB).
  • Admission Receipt should be in.pdf, between 400KB and 50KB
  • If there is no student’s PAN card, the undertaking (should be in.pdf format and between 400 KB – 50 KB).
  • Guardian’s PAN card / undertaking (should be in.pdf format, between 400 KB & 50 KB).
  • Relevant page of the brochure/document detaining tuition fee/document detaining course fees (should be in.pdf format, between 400 KB to 50 KB).

Apply Online West Bengal Student Credit Card Scheme

Register

  • First, visit the official website for the West Bengal student credit cards scheme
  • You will see the home page.
West Bengal Student Credit Card Scheme
  • You will see the registration form.
  • In the registration form, you will need to fill in the following information:
  • Name of the applicant
  • Date of birth
  • Gender
  • Aadhar number
  • Type of program
  • Name of the program
  • Situation of the institution
  • District of institution
  • Name of the institution
  • Numbers for mobile phones
  • Email ID
  • Password, etc
  • Click on Register to confirm.
  • This unique ID will be generated and sent to your registered mobile number
  • This user ID will be used for future purposes as a user identification

Login

  • Next, enter your application ID, password and captcha code
  • You will now need to click the login button
  • The Applicant Dashboard will be displayed before you
  • Click on the Application Detail button.
  • Next, click on the Edit Loan Application
  • You will see the application form.
  • In this application form, you will need to fill in the following information
  • Personal information
  • Details about co-borrowers
  • Details about your current address
  • Details about permanent addresses
  • Details about the course and how it affects your income
  • Details of the student’s bank account
  • You will now need to click on Save and Continue.
  • Then, upload the following documents
  • The latest color photo of the student
  • The most recent color photograph of the coapplicant
  • Signing of the student, as specified
  • Address proof for co-borrower
  • Signature of the legal guardian for overawe
  • Card Student’s Aadhar
  • Students can get a PAN card for their undertakings or a student ID card.
  • Co-borrower PAN card for co-borrower or undertaking as specified
  • Receipt of admission to the institution
  • Certificate of registration for the Class 10th Board
  • You will now need to click on Save and Continue.
  • You will see a new page.
  • Click on the submit button
  • After you have confirmed to submit, a dialog box will appear asking you to confirm.
  • Click on “Yes”

This is how you can apply for the West Bengal student credit cards scheme.

Login Administrator

  • You will see the home page.
  • Next, you will need to choose your user type
  • You will now need to enter your username, password, and captcha code
  • Next, click on Login
  • This procedure will allow you to log in as administrator

How to do student login

  • First, visit the official website for the West Bengal student credit cards scheme
  • You will see the home page.
  • You will see the login form right before your eyes
  • Enter applicant ID, password, and captcha code
  • Next, click on Login
  • This is how to create student logins.

Student Dashboard

First, visit the official website for the West Bengal student credit cards scheme

You will see the home page.

Click on the student login button.

  • Next, you will need to enter your applicant ID, password, and captcha code
  • You will now need to click on Login
  • Next, click on Dashboard
  • This procedure will allow you to view your student dashboard.

Complete the detailed form to apply for the WB Student Credit Card.

Please fill in all details. Please provide details about the co-borrower, including present address, mobile number, and permanent address. Information about your course and income. Bank Details for Student, Co-Borrower Details, Program Name, Etc.

Upload the All Scanned document

All scanned documents should be uploaded as the information above. Bank details, photo of applicant, photo of co-borrower. 10th Standard Document, Admission receipt

How to Track an Application Student Credit Card West Bengal

  • You will see the home page.
  • Enter your applicant ID and password in the captcha code.
  • Next, click on Login
  • You must now click on track application
  • Then, you will need to enter your applicant ID
  • You will now need to click on “SEARCH”
  • All required information will appear on your computer screen

How To Important Download Student Credit Card West Bengal

Download the Training Manual

  • You will see the home page.
  • Click on the user manual to proceed.
  • You will receive a PDF version of the training manual.
  • To download it, you will need to click on the Download option.

Instructions to Download the Student User Manual

  • First, visit the official website for the West Bengal student credit cards scheme
  • You will see the home page.
  • You will need to click on Downloads from the homepage
  • Next, click on the student user manual
  • In PDF format, you will find the user manual.
  • To download it, you will need to click on the Download option

Instruction Manual for Institutions

  • In a new tab, the institution’s user manual will be displayed to you
  • Click on the download button to get it.
  • You will receive the user manual.

How to Download the User Manual of HED

  • You will see the home page.
  • You will need to click on Downloads from the homepage
  • You will see a new page.
  • You will need to click the Download option on this page
  • The Institution user manual will be available for download on your device.

Download the Bank’s User Manual

  • First, visit the official website for the West Bengal student credit cards scheme
  • You will see the home page.
  • You will now need to click on Downloads
  • In PDF format, you will find the user manual.
  • Click on the download button.
  • You will receive the bank’s user manual on your device.

Online Loan Application and Loan Sanction

  • You will see the home page.
  • Select your user type now
  • You will need to enter your username, password, and captcha code.
  • You will now need to click on Login
  • You will see a dashboard.
  • Click on the application pending button.
  • A new page will now appear in front of you
  • This new page will contain all the pending applications.
  • It is possible to download it by clicking on the Download Excel button located at the top of the class.
  • To view the application, click on the view icon
  • You will see a new page.
  • These documents can be downloaded from this page:
  • Pan and Aadhar for the applicant
  • Pan address proof of co-borrower
  • Details about the course fee
  • The applicant must provide proof of admission

You will now need to click on the Application Pending menu in the Dashboard

  • Next, click on the sanction loan icon for a specific application
  • You can then either approve or deny the loan using the application button loan sanction or loan rejection.

Once the loan has been approved

  • A new page will be opened if the loan has been approved.
  • You will need to enter the sanction amount in words and numeric on this page.
  • You will now need to upload a copy of the sanction letter
  • Next, click on submit

Got Rejected for the loan of Student Credit Card west bengal

  • Click on the Reject Loan option if you are denied.
  • We now need to choose the reason for rejection from the drop-down menu
  • Then, give benchmarks for parameters in birds according to your bank norms
  • Next, click on submit

How to submit an institution profile

  • First, visit the official website for the West Bengal student credit cards scheme
  • You will see the home page.
  • Select your user type now
  • Next, you will need to enter your username, password and captcha code
  • A new page will now appear in front of you
  • You will need to click the submit institution details button on this page.
  • You now need to enter these details:
  • Name of the institution
  • AISHE code
  • Details of Aggregation
  • Type of rank
  • Rank
  • Details about affiliation
  • Address of the institution
  • Situation of the institution
  • District of institution
  • Name of the nodal officer
  • Designation of a nodal officer
  • Email ID for nodal officer
  • A number of institutions are eligible for PAN
  • There are many institutions
  • IFS code
  • Name of Institution Bank
  • Name of the branch
  • Account number
  • Then, upload the following documents
  • AISHE Certificate
  • Accreditation document
  • Document Rank
  • Document confirming affiliation
  • Click on Submit Details to continue.
  • This is how you can submit your Institute profile.

HED Approves the Application

  • You will see the home page.
  • Next, you will need to choose the type of user.
  • You will now need to enter your username, password, and captcha code
  • Next, click on Login
  • You will now need to click on Verify application
  • You will now need to click view application
  • The dialog box will display the photo and the application. It has forward, return and view buttons.
  • To view all details about the applicant, you will need to click on “View”
  • Once all details have been verified, you can click the forward button
  • A confirmation page will now appear in front of you
  • Click on the yes option
  • This application will now be sent to the bank
  • You will need to modify the status to allow the user to view the status of the forwarded application.
  • You can click the return button to send the application to the head of institution if it is correct.
  • View Contact Information
  • You will see the home page.
  • Click on the contact button at the top of this page.
  • You will see a new page.
  • You can now view your contact information on this page

West Bengal Student Credit Card Contact Information

We have provided all information about the West Bengal student credit cards scheme in this article. You can call a helpline number, or send an email, if you still have problems. Here’s the helpline number and email ID:

West Bengal Student Credit Card Helpline Number: 1-800-102-8014

West Bengal Student Credit Card Email ID:

contactwbscc@gmail.com or

support-wbscc@bangla.gov.in

Review of West Bengal Student Credit Card

West Bengal Student Credit Card Review

The Credit card scheme is described as follows:West Bengal Student Credit CardYou will be able to keep a maximum of Rs 10 Lakh with a 4% simple rate Rate per annum These loans can be paid by students after 15 years. Borrowing money. Students can use this credit card to finance higher education. Facilitate them with the funds they need to pursue the same. Here This is all you need to know about the credit card.

In West Bengal, the gross enrollment rate in higher education was 18.71% In 2017-18, the ratio was at 25.8% (national average). The state’s female population is even lower at 17.6% This is the main reason why not Not having the financial resources to pursue higher education in West Bengal Other restrictions

FAQ’s for West Bengal Student Credit Card

How to apply for West Bengal Student Credit Card?

To Apply for West Bengal Student Credit Card the candidate must be a permanent resident of India living atleast for last 10 years in West Bengal. The Maximum age for application is 40 years.

What are the Documents required West Bengal Student Credit Card?

Student applying for West Bengal Student Credit Card should fulfill the regular bank KYC documents along with the KYC documents of their parents. For more details refer to the above article.

Can I apply for West Bengal Student Credit Card Online?

Yes you can apply for West Bengal Student Credit Card online at Official website Portal https://wbscc.wb.gov.in/. Please refer to the above article complete process step by step is mentioned.

How to track West Bengal Student Credit Card Application Online?

Visit the Official website Portal https://wbscc.wb.gov.in/ and enter your Applicant ID along with the password to track your West Bengal Student Credit Card online.

What is the helpline phone number of West Bengal Student Credit Card?

The toll free helpline for West Bengal Student Credit Card is 1-800-102-8014 and email is contactwbscc@gmail.com or support-wbscc@bangla.gov.in

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