How to Use WB Student Credit Card for Studying Abroad

Q: How much can I take under the WB Student Credit Card Scheme?

Student loans are offered up to ₹10 lakh a year at an affordable interest rate of 4%.

Q: Who is eligible to apply for a WB Student Credit Card to study abroad?

An applicant should be less than forty years of age, have passed class IX from a state board, and have resided in West Bengal for more than ten years in order to qualify. Admission in a recognized overseas institution is also required.

If you want to get into institutions outside India, you can use the West Bengal Student Credit Card. To get the details of using the WB Student Credit Card for studying abroad, read this article.

Table of Contents

Student Registration for Studying Abroad Using WB Student Credit Card
WB Student Credit Card Application Process
How to Use WB Student Credit Card for Studying Abroad
WB Student Credit Card Eligibility for Studying Abroad
Study Abroad Expenses using WB Student Credit Card
Faqs

How to Use WB Student Credit Card for Studying Abroad

The WB Student Credit Card scheme is an initiative by the Government of West Bengal to provide financial assistance to students pursuing higher education. It is one of the best student loans in India as this scheme allows students to use WB Student Credit Card for studying abroad. The applicants get a maximum loan of Rs 10 lakhs at a nominal interest rate of 4% per annum. The West Bengal Student Credit Card Scheme can be used for various educational expenses, including tuition fees, hostel charges, books, and computers for those studying abroad. The repayment tenure is 15 years, including a moratorium period, making it feasible for students to manage their finances effectively. An additional incentive is proposed if the interest is fully serviced during the study period: a 1% interest concession.

The students who want to use the WB Student Credit Card for studying abroad should read this article. The tuition fee, hostel fee and other expenses will be met through WB student credit card.

Student Registration for Studying Abroad Using WB Student Credit Card

The registration process that students have to follow to apply for institutions outside India has been discussed here. Before you use WB Student Credit Card for studying abroad, check the registration process in detail:

The applicant has to enter their basic details like name, gender, date of birth, Aadhaar number, PAN number, mother’s name and father’s name.
Then, you have to provide your permanent and present residential address.
Enter your contact details including your mobile number, alternative mobile number and email address.
Passport and VISA details such as passport number, passport expiry date, visa number, visa expiry date, I-20 form if applicable and other unique ID also have to be provided.
The applicant has to enter their bank account details which include IFSC code, bank name, branch name, account number and account type.
Guardian’s/ Co-borrowers (in the absence of father and mother) details like Guardian’s/ Co-borrower's name, Guardian’s/ Co-borrower’s gender, mobile number, email ID, Aadhaar number, PAN number, and relationship with the applicant.
The address of the Guardian/ Co-borrower is also needed.
Bank details such as IFS Code, Bank Name, Branch Name, Account Number and Account Type of the Guardian/ Co-borrower. The Guardian’s / Co-borrower’s annual income (from all sources in INR) has to be filled in the online WB Student Credit Card form.
To get the WB Student Credit Card for studying abroad, the applicant has to mention if he/ she has any existing loans or if the co-borrower has a loan.
At the end, the candidate needs to write a password and confirm it before pressing the register button.

Also Read: How to Apply for West Bengal Student Credit Card?

WB Student Credit Card Application Process

To use the WB Student Credit Card abroad, you need to take a quick look at the application process for the West Bengal Student Credit Card scheme below.

Steps	Process Description
Online Registration	To apply for the WB Student Credit Card scheme, students have to visit the official website of the West Bengal Government, wbscc.wb.gov.in or banglaruchchashiksha.wb.gov.in. Enter all the necessary details after which a User ID will be created.
Fill the Application Form	You have to log in to the portal by using the user ID and password. The required details have to be filled in correctly which includes name, father’s name, mother’s name, co-borrower / name of guardian and his/her separate detailed information, present and permanent address details, course and income details, bank details of the student and the co-borrower.
Upload the Documents	Make sure to upload the documents that are necessary in the correct format.
Review the Application	The applicant has to check all the details they have mentioned. If any error occurs, they have to edit it before submitting the West Bengal Student Credit Card application form.
Submit the Application	The application form has to be submitted after checking all the details.
Verification	Once institutional approval is given, the application is checked thoroughly by the Department of Higher Education of West Bengal.
Loan Sanctioning	The WB Student Credit Card will be issued after everything is completed and the institution abroad has provided the details.

How to Use WB Student Credit Card for Studying Abroad

The West Bengal Student Credit Card (WBSCC) supports students financially so that they can study abroad further. Students studying outside India are eligible to apply for the WB Student Credit Card scheme if they have been residents of West Bengal for 10 years or more. You can use the WB Student Credit Card for studying abroad by paying tuition fees, living expenses, educational tours, etc. Find here how you can use the student credit card if you are studying abroad:

The West Bengal Student Credit Card offers a loan of up to Rs 10 lakhs for studying abroad. This includes tuition fees, accommodation costs, and other education-related expenses.
The WBSCC loan amount can vary depending on the specific course and the expenses involved in studying abroad.
Once the student credit card is issued, you can use it like any other credit card to make payments for tuition fees, hostel fees, or any other expenses related to your education abroad which also includes educational tours.
The students must keep in mind that the loan amount they are using to meet the expenses aligns with the criteria set by the Government of West Bengal, such as tuition fees, living costs, and other educational expenditures.
The students can use the credit card for flight booking or travel-related expenses, as long as these expenses are connected to their education abroad.
You can also use the funds for accommodation and other essential living costs.
The loan can be repaid over a period of time, usually up to 15 years, with a grace period of up to 1 year after completing the course.
The repayment starts once the student gets a job or is in a position to repay the loan.
Interest rates are relatively low, often at a subsidized rate, to make it easier for students.

Also Read: Official Website and Portal for WB Student Credit Card

WB Student Credit Card Eligibility for Studying Abroad

The West Bengal Student Credit Card scheme aims to provide financial assistance to college students for additional studies abroad and in India. To use the WB Student Credit Card for studying abroad, you need to fulfil the requirements given below:

Residential Requirement

The applicant must be an Indian citizen to apply for the WB Student Credit Card. To get your loan sanctioned to study abroad, the applicant or his family must have been a resident of West Bengal for at least 10 years before filing the application form. The applicant must have a West Bengal voter card during the application process.

Age Limit

To apply for the WB Student Credit Card, the student who wants to study abroad must be at least 15 years of age. The maximum age limit for the students has been fixed to 40 years at the time of application. This provides opportunities to students who have started their careers or those who have completed their basic degrees but want to pursue higher studies.

Educational Qualification

Students must have completed their Class 12 with no backlogs from a recognised board to qualify for the West Bengal Student Credit Card loan application. They must be enrolled in Class 10 or 12 or higher education in recognized institutions. Students who are taking coaching from institutes for competitive exams like Engineering, Medical, Law, UPSC, PSC, SSC, etc, are also eligible to apply for the scheme.

Entry Confirmation

For institutions outside of India, the college acceptance proof has to be submitted. The college must be a recognised one to use the WB Student Credit Card for studying abroad.

Documents Required

To apply for colleges outside of India, important documents must be submitted which have been mentioned below:

Passport of the student
Visa (if applicable)
Colour photograph of the applicant (should be in .jpeg / .jpg between 50 KB and 20 KB)
Colour photograph of the co-applicant / co-borrower (should be in .jpeg / .jpg format, between 50 KB and 20 KB)
Signature of the student (should be in .jpeg / .jpg format, between 50 KB and 10 KB)
Co-borrower/ Guardian’s signature (should be in .jpeg / .jpg, format, between 50 KB and 10 KB)
Student’s Aadhaar Card (should be in pdf format, between 400 KB and 50 KB)
Student’s Class 10th Board registration certificate (if no Aadhaar card) (should be in pdf format between 400 KB and 50 KB)
Guardian’s Address Proof (should be in .pdf format between 400 KB and 50 KB)
Admission Receipt (should be in .pdf between 400 KB and 50 KB)
Student’s PAN Card/ undertaking if there is no PAN Card (in .pdf format between 400 KB and 50 KB)
Guardian’s PAN Card/ undertaking if there is no PAN Card (should be in .pdf format between 400 KB and 50 KB)
The relevant page of the brochure/ document detailing course fee/ tuition fee (should be in pdf format between 400 KB and 50 KB)

Study Abroad Expenses using WB Student Credit Card

Take a look at the expenses that are covered when using the WB Student Credit Card for studying abroad.

Tuition Fee: The WB Student Credit Card can be used to cover the tuition fee in the institutions abroad based on the course that you select.

Hostel Charge: The hostel fees of the students can be paid using the WB Student Credit Card for studying abroad.

Travel Expenses: Travel related to educational purposes will be reimbursed through the credit card.

Books and Study Materials: The student can buy books, study materials, notes or other important documents that will help them in their studies abroad.

Laptop or other Equipment: The fund can be used to buy a laptop/ desktop or computer that will be used for educational purposes.

Students can invest in their overseas studies by going through the WBSCC portal and the benefits that they can get using the student credit card.

Also Read:

Documents Required for WB Student Credit Card	Official Website and Portal for WB Student Credit Card
How to Apply for West Bengal Student Credit Card	How to Check WB Student Credit Card Application Status?
Benefits of the West Bengal Student Credit Card	Loan Amount and Interest Rates for WB Student Credit Card

For any queries regarding how to use WB Student Credit Card for studying abroad feel free to dial our toll-free number 1800-572-9877 or fill out CollegeDekho’s Common Application Form or log on to our QnA Zone for admission-related queries.

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

FAQs

Through which method is the loan amount disbursed?

Once the loan has been accepted, the loan amount is both deposited right away to the student's bank account or sent to the school organization for school fees and other academic charges.

What documents are needed to apply?

The important documents include a homestead certificates, Class IX mark sheet, letter of confirmation for admission, original passports, visa details, bank account details, and proof of house.

What does this study abroad program cost?

Tuition fee, travel expenses, boarding fees, living expenses, books, study materials, laptops, medical insurance, test fees, and projectexpenses are all paidthrough the loan.

How much can I take under the WB Student Credit Card Scheme?

Student loans are offered up to ₹10 lakh ayear at anaffordable interest rate of 4%.

Who is eligible to apply for a WB Student Credit Card to study abroad?

Anapplicantshould be lessthan forty years of age, havepassed class IX from a state board, and have resided in West Bengal for morethan ten years in order to qualify. Admission in a recognized overseas institution is also required.