Our Purpose is providing the best possible guidance to students from India who intends to study. We understand that every student has different goals and each one has a different path to those goals. We guide each of our clients through the process of identifying the course best suited to him/her based on individual strengths, needs and aspirations. Our approach ensures that long- term satisfaction of all our students as well as the institutions they enrol in.
Courses Eligible for Studies:
B.A./ B.Sc./ B. Com. (All subject)
M.A./M.Sc./M.Com (All subject)
B.Sc. (Information Technology/Computer Application/Computer Science)
B.Sc. (Library Science)
Bachelor of Hotel Management & Catering Technology (B.H.M.C.T.)
B.Tech/B.E. for laterally admitted candidates having degree of threeb years diploma courses approved by the State Technical Education Council
Hotel Management and Catering Technology
Hospital and Hotel Management
Diploma in Hotel Management (Three Year) (I.H.M. Course)
Bachelor in Yoga (Entry Level+2Pass)
Bachelor of Pharmacy
Bachelor of Veterinary Medicine and Surgery (B.V.M.S.)
Bachelor of Ayurveda, Medicine and Surgery (B.A.M.S)
Bachelor of Unani Medicine & Surgery (B.U.M.S)
Bachelor of Homeopathic Medicine & Surgery (B.H.M.S.)
Bachelor of Dental Surgery (B.D.S.)
General Nursing Midwifery (G.N.M)
Bachelor of Physiotherapy
Bachelor of Occupational Therapy
Diploma in Food, Nutrition/ Dietetics
Bachelor of Mass Communication/Mass Media/Journalism
B.Sc. in Fashion Technology/Designing/Apparel Designing/Footwear Designing
Bachelor of Architecture
Bachelor of Physical Education (B. P. Ed.)
M.Sc/M.Tech Integrated course
M.A./M.Sc./M.Com (All subject)
Diploma in Food Processing/ Food Production
Diploma in Food & Beverage Services
B.A./B.Sc.-B.Ed. (Integrated Courses)
Bachelor of Business Administration (B.B.A.)
Master of Business Administration (M.B.A.)
Bachelor of Fine Arts (B.F.A.)
BL/LLB (5 Year integrated Course)
Degree/Diploma in Aeronautical, Pilot Training, Shipping
Documents Required for the Bihar Student Credit Card Scheme
The following documents are required for the Bihar Student Credit Card Yojana 2022 –
Mark Sheet of 10th and 12th Class
Residential Certificate of the candidate
Detailed Document of Fee for Higher Education, issued by the Institute.
Selection Certificate from the recognized Institute for Higher Education
Self-Attested Copies of the application form with passport-size photographs
Last 6 months bank statement of your parent’s
Income Tax Return of the last two years
Other Identification Documents such as Aadhaar Card/Voter ID Card/Passport/ Driving License etc.
Loan Approval Process for Bihar Student Credit Card Card
After submitting all the documents successfully, the Government then verifies all the documents. The BSCC Credit Card verification process takes around 10 to 15 days after receiving the documents from the student. Thereafter, the successful verification of the documents, the details are then transferred to the banks which then approve or disapprove the loan.
However, the approval and disapproval of the loan are shared by the banks through SMS on registered mobile number shared at the process of form filling. So, once, the loan is approved, the applicant has to visit the bank branch to complete the rest of the formalities.
Interest Rates of MNSSBY Bihar Student Credit Card
The Interest Rates for the Bihar Student Credit Card Yojana vary with the banks. Earlier, the Interest Rate of Canara Bank was 12% and Madhya Bihar Gramin Bank was 12.5% per year. But according to the latest information, the Bihar Government is providing loan at 4% simple interest. However, 1% is for the women, PWD, and transgender, through “Bihar Student Education Finance Corporation”.
Moreover, no interest is applicable for the course duration of 4 years (B.Tech) plus an additional year. Therefore, you need to pay your loan after 5 years of admission to the course in installments. However, you can also extend the deadline, by informing the DRCC. All you have to do is write an application form twice a year (July and December).
Quantum Of Finance
Need based finance to meet the expenses mentioned above will be considered taking into account margin subject to the following ceiling: Maximum up to Rs. 4 lakhs #
# For loan above Rs. 4 lakhs student can apply for loan under our PNB Saraswati, PNB Pratibha and PNB Udaan Schemes.
Parents/ legal guardians to be joint borrower(s). No collateral security. No third party guarantee.
The loan documents should be executed by the student and the parent/ guardian as joint-borrower.
All the loans will be covered under the financial assistance scheme of Bihar Government.
Repayment of loan will be in Equated Monthly Installments of (EMI) for a period of 15 years.