Key Highlights of the Bihar Student Credit Card Scheme

• Loan Amount: Up to ₹4 lakh for higher education.

• Interest Rate: 0% for female students, transgender students, and differently-abled students; a nominal rate for others.

• Eligible Courses: Various undergraduate and postgraduate courses in professional, technical, and general disciplines.

• Coverage: Tuition fees, books, laptops, accommodation, and other academic expenses.

• Loan Repayment: Flexible repayment options after completion of the course.

FILL FORM FOR COUNSELLING

APPLY NOW

Eligibility Criteria

To avail of the Bihar Student Credit Card, students must meet the following eligibility requirements:

1. Residential Status:

   • The student must be a permanent resident of Bihar.

2. Age Limit:

   • The applicant should be below 25 years of age at the time of application.

3. Educational Qualification:

   • The student must have passed Class 12 from a recognized board.

   • The applicant must have secured admission in an approved institution for higher education.

4. Eligible Courses:

   • Engineering (B.Tech, BE, Diploma)

   • Medical (MBBS, BDS, Nursing, Pharmacy, etc.)

   • Management (MBA, BBA, PGDM, etc.)

   • Science and Arts (B.Sc, BA, B.Com, etc.)

   • Law (LLB, BA LLB, etc.)

   • Polytechnic and other vocational courses.

5. Institution Criteria:

   • The college/university must be recognized by AICTE, UGC, MCI, PCI, BCI, or any other relevant body.

   • CGC Jhanjeri Mohali is an approved institution under this scheme.

Admission Procedure for Bihar Student Credit Card Scheme at CGC Jhanjeri Mohali

Step 1: Online Registration

• Visit the official website of Bihar Student Credit Card .

• Click on “New Registration“ and enter the required personal details.

• Verify your mobile number and email ID.

Step 2: Filling the Application Form

• Login using the registered credentials.

• Provide details such as academic qualifications, course details, institution information (CGC Jhanjeri Mohali), and family income.

• Upload scanned copies of necessary documents.

Step 3: Document Verification

• Once submitted, the application will be reviewed by the concerned department.

• Applicants will receive a notification regarding document verification.

• If required, students may need to visit the nearest District Registration and Counseling Center (DRCC) for verification.

Step 4: Approval and Loan Processing

• After verification, the application is sent to the State Level Bankers Committee (SLBC).

• Upon approval, the loan amount is sanctioned and disbursed directly to CGC Jhanjeri Mohali.

Step 5: Loan Disbursement

• The approved amount is transferred to CGC Jhanjeri Mohali for tuition fees and other expenses.

• Students receive an e-card, which can be used for additional educational expenses.

FILL FORM FOR COUNSELLING

APPLY NOW

Documents Required for Bihar Student Credit Card Application

• Aadhar Card (Student & Guardian)

• Class 12th Marksheet & Passing Certificate

• Admission Letter from CGC Jhanjeri Mohali

• Fee Structure of CGC Jhanjeri Mohali

• Bank Account Details (Student & Guardian)

• Income Certificate of the Family

• Domicile Certificate of Bihar

• Photograph and Signature of the Applicant

Benefits of Bihar Student Credit Card Scheme for CGC Jhanjeri Mohali Students

1. Financial Support:

   • Helps economically weaker students pursue higher education at CGC Jhanjeri Mohali without financial burden.

2. Low-Interest Rates:

   • 0% interest for female students, transgender, and differently-abled individuals.

   • Nominal interest for other students.

3. Easy Loan Repayment:

   • Flexible repayment options after course completion.

4. Wide Course Availability:

   • Covers technical, medical, management, and other degree courses at CGC Jhanjeri Mohali.

5. Government Backing:

   • Loan is backed by the Bihar Government, reducing the need for third-party guarantees.

6. No Immediate Repayment:

   • Students start repaying only after completing their course and securing a job.

Loan Repayment Terms & Conditions

• The repayment period starts after one year of completing the course.

• Repayment tenure is up to 10 years.

• If a student is unemployed after course completion, they may get an extension on repayment.

• In case of default, legal actions or penalties may be applicable.

FILL FORM FOR COUNSELLING

APPLY NOW

Common Challenges and Solutions

1. Application Rejection Due to Documentation Issues

• Solution: Ensure all documents are properly uploaded and meet the guidelines.

2. Delay in Loan Approval

• Solution: Follow up with the DRCC center and check application status online.

3. Confusion Regarding Eligible Courses

• Solution: Visit the official website or contact CGC Jhanjeri Mohali’s admission department.

4. Repayment Concerns

• Solution: Take advantage of flexible repayment options or seek government assistance programs.