West Bengal approves Student Credit Card scheme

By https://www.hindustantimes.com, Posted on Oct 07, 2021
West Bengal approves Student Credit Card scheme

  • A student can get a soft loan of up to ?10 lakh to pursue higher studies with the help of the credit card. The West Bengal cabinet on Tuesday approved the Student Credit Card scheme, which the Trinamool Congress had promised in its election manifesto. "The Cabinet gave its nod to the Student Credit Card scheme. Anyone who has spent 10 years in West Bengal can avail the benefits of it. Loan will be available for undergraduate, postgraduate, doctoral and post-doctoral study in India or abroad," chief minister Mamata Banerjee told reporters at a press briefing, according to news agency PTI.

"Fifteen years will be given to a student to repay the loan after getting a job," she added.

Here are all the details about student credit card scheme:

  1. A student can get a soft loan of up to ?10 lakh to pursue higher studies with the help of the credit card.
  2. One person is eligible for the scheme till 40 years of age.
  3. 15 years will be given to a student to repay the loan after getting a job.
  4. The educational loan shall also be extended to students studying in various coaching institutes, preparing to appear in national-level competitive exams, including IITs, IIMs, NLUs, IAS, IPS, WBPS among others.

5.The scheme will cover various institutional or non-institutional expenses to ensure no student from West Bengal is deprived of education due to lack of monetary support.


Related News

View All

Related Articles

View All

Trending Articles

View All
  • Full-Time MBA Program

    Full-Time MBA Programs in India: Top Colleges with Low Fees and High ROI

    Read More
  • Best Banks for MBA Education Loans in India

    Best Banks for MBA Education Loans in India: Top Options and Key Features

    Read More
  • Top Government Jobs and Exams for MBA Graduates

    Top Government Jobs and Exams for MBA Graduates in India: Opportunities and Details 2024

    Read More
  • CAT vs XAT for MBA in India

    CAT vs XAT for MBA in India: Key Differences and Which Exam to Choose

    Read More
  • Top MBA Scholarships in India

    Top MBA Scholarships in India: Options for Government and Private Institutions

    Read More
  • IIM vs ISB: Which is the Better

    IIM vs ISB: Which is the Better Choice for an MBA in India?

    Read More
  • MBA in Hospitality Management

    MBA in Hospitality Management: Explore Career Paths, Salaries & Top Recruiters

    Read More
  • Top Colleges Accepting NPAT Scores

    Top Colleges Accepting NPAT Scores - Your Guide to Admission

    Read More
  • Top Government and Private MBA Colleges

    Top Government and Private MBA Colleges in India 2024: Rankings, Fees, and Admission Details

    Read More
  • Highest MBA Packages in India

    Highest MBA Packages in India: Insights from IIMs and Top B-Schools

    Read More

Trending News

View All
  • Odisha CHSE Rechecking and Re-addition Results 2024

    Odisha CHSE Rechecking and Re-addition Results 2024 Announced

    Read More
  • WBCS 2024 Prelims Result Out

    WBCS 2024 Prelims Result Out: Cutoff Marks and Scorecard Details

    Read More
  • IP University Receives

    IP University Receives PCI Approval for New Pharmacy Courses

    Read More
  • Apply Online for LPU Admission 2024

    Apply Online for LPU Admission 2024 Through LPUNEST, CUET Ongoing till July 15

    Read More
  • JIPMAT 2024 Result Delay

    JIPMAT 2024 Result Delay Ignites Student Protest

    Read More
  • JEECUP 2024 Counselling Choice Filling

    JEECUP 2024 Counselling Choice Filling: Round 1 College Selections Open

    Read More
  • Karnataka DCET 2024 Option Entry Deadline Extended

    Karnataka DCET 2024 Option Entry Deadline Extended, NTTF Candidates Now Eligible

    Read More
  • MAH MBA CET CAP 2024

    MAH MBA CET CAP 2024: Registrations Open, Dates, Process, Eligibility

    Read More
  • WB ANM and GNM 2024 Exam Postponed

    WB ANM and GNM 2024 Exam Postponed to August 4

    Read More
  • JNU Mulls Reinstatement of PhD

    JNU Mulls Reinstatement of PhD Entrance Exam Amid UGC NET Chaos

    Read More

Related Universities

View All
  • Sunrise University logo

    Sunrise University (SRU)

Also Read

View All
Universitykar Loader
back back
Trending Courses View All
Top