West Bengal Student Credit Card Scheme (WBSCC) – Eligibility, Benefits, Application Process

West Bengal Student Credit Card Scheme: WBSCC full form is West Bengal Student Credit Card, a scheme introduced by the Government of West Bengal to provide financial assistance to students pursuing Secondary/ Higher Secondary/ Madrasah/ Undergraduate/ Postgraduate education. The scheme is specifically designed for those students whose families are permanent residents or have been residing in the state of West Bengal for the last 10 years. Under the Student Credit Card Scheme West Bengal, you are eligible for a loan amount up to INR 10 Lakhs for professional degree or equivalent courses in any school, college, university, or affiliated institutes in India and abroad. You can also avail of the WBSCC loan to enrol in coaching institutes to appear in competitive exams, including Engineering, Law, Medical, WBCS, IAS, IPS etc. Read this article to know all about Student Credit Card West Bengal – eligibility, benefits, how to apply for WBSCC, documents required and so on.

What Is the WBSCC Scheme?

The WBSCC or West Bengal Student Credit Card Scheme is an initiative by the Higher Education Department, Government of West Bengal. The primary objective of the scheme is to offer financial aid to the students so they can complete or pursue higher education without worrying about the expenses. Under the WBSCC scheme, you can get a maximum loan amount of INR 10,00,000 at 4% interest rate from the State Cooperative Banks and Private or Public Sector Banks. The West Bengal credit card scheme covers a wide range of expenses, including hostel fees, tuition fees, cost of books and computers, project work, and others. The WBSCC loan amount can be utilized to finance degree courses, like MA, M.Sc., M.Com., MBA, BA, B.Sc., B.Com., BBA, MBBS, LLB, PGDM, technical courses, like ITI, as well as Class 10, Class 11 and Class 12 education.

West Bengal Student Credit Card Features & Benefits

The key features and top benefits of the Student Credit Card West Bengal Government Scheme are as follows:

• The maximum loan amount offered under the WBSCC scheme is INR 10 Lakhs at a simple interest rate of 4.00% per annum

• If you manage to pay the full interest during the study period, you can get 1% interest concession

• For any loans taken under the WBSCC scheme, the repayment tenure would be 15 years, including moratorium/ repayment holidays.

• The West Bengal Student Credit Card covers fees charged for host accommodation, tuition fees, expenses of buying books, computer/ laptop, and other equipment for educational purposes.

• The WBSCC loan amount also covers library fees, laboratory fees, or deposits made to the institution, as well as other expenses borne during the course of study, such as educational tours, projects and assignments, thesis submission etc.

Student Credit Card West Bengal Eligibility Criteria

In order to apply for a loan under the West Bengal Student Credit Card scheme, you must fulfil the following eligibility requirements:

• You must be permanent resident of the state of West Bengal or at least be living there for the last 10 years

• You must be aged 40 years or below at the time of loan application

• You must be pursuing higher education in schools, madrasahs, colleges, universities, and other academic institutions such as IITs, NITs, IIMs, NLUs, IIESTs etc. in India or overseas.

• You must be enrolled in coaching institutes to appear in Engineering, Medical, Law, IPS, IAS, WBCS, and other competitive examinations.

West Bengal Student Credit Card Application Process

To apply for the Student Credit Card West Bengal Government Scheme, you must follow the steps mentioned below:

1. Visit the West Bengal Student Credit Card (WBSCC) website, at wbscc.wb.gov.in.

2. Click on the ‘Student Registration’ tab on the top right corner of the homepage.

3. Select if you are applying for ‘Institutions in India’ or ‘Institutions Outside India’

4. Next, register yourself by providing basic details, such as Name, DOB, Gender, and Aadhaar Card No.

5. Enter details related to your present course of study, such as Programme Name and Type, Institution Name etc.

6. Provide contact details, such as mobile number and email ID. Make sure type out the full email ID while reconfirming.

7. Finally, enter a strong password as per preference.

8. Once all the details are provided, click on the ‘Register’ button.

9. After successful registration, a unique ID will be generated and sent to your registered mobile number. You must save the ID provided to you as it will serve as your User ID for all communications in the future.

10. Now, you must go to the ‘Student Login’ tab on the homepage to complete the WBSCC application process. View the application dashboard and click on ‘Apply Loan’.

11. Provide the co-borrower’s details, such as address, PAN, and occupation in the next section.

12. Enter the course name and year of completion, income and permanent address details.

13. Fill in yours and the co-borrower’s bank details, including the name of the bank, branch name, account number, IFSC code etc.

14. After providing all the necessary details, click on ‘Save & Continue’.

15. Next, upload all the required documents in the prescribed size and format and click on Save & Continue’.

16. Review your WBSCC application form, details, photograph, documents etc. to ensure absolute accuracy.

17. Finally, click on ‘Submit Application’ to complete final submission of your WBSCC loan application form.

Documents Required for Student Credit Card West Bengal Scheme

Listed below are the documents that need to be submitted to avail of the West Bengal Student Credit Card loan:

• A coloured photograph of the student in .jpeg/ .jpg format and size 20-50 KB

• A coloured photograph of the co-borrower in .jpeg/ .jpg format and size 20-50 KB

• Signature of the student in .jpeg/ .jpg format and size 10-50 KB

• Signature of the co-borrower in .jpeg/ .jpg format and size 10-50 KB

• Aadhaar Card of the student in .pdf format and size 50-400 KB

• Class 10th Board Registration Certificate of the student in .pdf format and size 50-400 KB (if Aadhaar Card is not issued).

• Address proof of the guardian in .pdf format and size 50-400 KB

• Admission receipt for the course under pursue in .pdf format and size 50-400 KB

• PAN Card/ Undertaking Form of the student in .pdf format and size 50-400 KB

• PAN Card/ Undertaking Form of the guardian in .pdf format and size 50-400 KB

• Relevant page of the brochure/ document containing tuition fee or course fee in .pdf format and size 50-400 KB

In the wake of the ever-increasing cost of higher education in India and overseas, the WBSCC Scheme is a great initiative by the West Bengal State Government. If you want to complete your education and achieve your dream of pursuing higher studies without the fear or worry of funds, you can make the most of the INR 10,00,000 loan amount at 4% interest rate p.a. and comfortably pay it back in 15 years.

More Useful Links

Documents Required for WB Student Credit Card
How to Apply for West Bengal Student Credit Card

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