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File No. SS-BR-EDU-002 · Bihar State Scheme · Bihar State Education Finance Corporation

Bihar Student Credit Card Yojana

An education loan up to ₹4 lakh, at just 0-1% interest and with no property collateral required, so financial constraints don't stand between a Bihar student and higher education.

What this scheme offers

Launched in October 2016 under the Mukhyamantri Nishchay Swayam Sahayata Bhatta Yojana (part of the state's "7 Nishchay" programme), this scheme provides a collateral-free education loan of up to ₹4 lakh for technical, polytechnic, or general higher-education courses — covering tuition fees, books, stationery, and even a laptop. As of the current 2026 guidelines, the interest rate is 0% for women, differently-abled, and transgender students, and 1% simple interest per year for male students (older sources citing a flat 4% rate reflect a previous structure — confirm the current rate on the official portal, since scheme terms have been revised). Repayment begins only after course completion, with a grace period of either 1 year post-graduation or 6 months after starting work, whichever comes first.

Who is eligible

  • Must be a permanent resident of Bihar.
  • Passed Class 12 (or equivalent) from a recognised institution in Bihar or a notified bordering state.
  • Secured admission (or selection) to a higher education course recognised by AICTE, UGC, or the relevant regulatory body.
  • Age not exceeding 25 at the time of application (up to 30 for postgraduate applicants).
  • Not in regular employment at the time of applying.

Documents required

  • Residency proof (Aadhaar card, voter ID)
  • Class 12 marksheet/certificate
  • Admission letter from the higher-education institution
  • Bank account details
  • Passport-size photograph

How to apply

  1. Visit the 7 Nishchay Yuva Upmission portal (7nishchay-yuvaupmission.bihar.gov.in) and register online.
  2. Fill in your personal, academic and admission details, uploading required documents.
  3. After online submission, visit your District Registration and Counselling Centre (DRCC) — this in-person step is mandatory to proceed.
  4. Complete document verification and bank formalities at the DRCC or the assigned bank branch.
  5. Once approved, the loan amount is disbursed per your course fee schedule.
  6. Track your application status anytime at 7nishchay-yuvaupmission.bihar.gov.in/addapplicationStatus.

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