West Bengal Chief Minister has introduced the new scheme amid the corona pandemic which will benefit lakhs of students of the state the name of the scheme is the WB Student Credit Card Scheme and via this, students will get a soft loan of up to Rs 10 lakh without a guarantor at only 4 percent interest rate. The state government will become the guarantor of the students and students will get 15 years to repay this loan. Matriculation pass students will also be able to take advantage of this scheme for higher education. The virtual launch of this scheme was done in the presence of the Education Minister, Finance Minister, Vice-Chancellors of Universities, DMs, SPs, Bankers, and Press of all the districts. Mamta Banerjee termed this plan the world’s biggest and most unique scheme. CM said that students are the future of the state and the country as for their better future, the government has started this scheme.
WB Student Credit Card Scheme 2022
CM Mamta Banerjee said that students will be able to take advantage of this scheme from the 10th onwards. From class 11 students to research scholars, students will be able to take loans through credit cards. The Chief Minister said that students up to the age of 40 years would be able to take advantage of this scheme. She also said that the government is giving books, school bags, shoes, and uniforms to cycles for free. The Chief Minister of West Bengal said that her government has distributed tablets to the students of class 12th and smartphones have been given to the students. Now the government has started this scheme, the benefit of which will be available to students preparing for inter, undergraduate, postgraduate, doctoral, and engineering besides competitive exams.
Mamta Banerjee said that all Indian students living in West Bengal for the last 10 years will be eligible to take advantage of this scheme. She has asked the officials that this scheme should not be misused, it needs to be monitored and for this, monitoring will have to be done at the district level. This west Bengal student credit card scheme has been started by the Government of West Bengal and it has been started for the higher education of students in this, students can take loans up to Rs 10 lakh for doing any kind of bachelor’s or master’s degree, doctorate, research, etc. Students of class 10th or above will be able to take advantage of this scheme and will be able to complete their further studies.
West Bengal Student Credit Card Scheme 2022 Details
|Name of the Scheme||West Bengal Credit Card Scheme 2022|
|Launched on||June 2022|
|Initiative by||CM Mamta Banerjee|
|Amount of Loan||Up to Rs 10 Lakh|
WB Student Credit Card Scheme 2022 Objective
The main objective of this WB Student Credit Card scheme is to provide loans for studies to the students of the state. Earlier, students had to face a lot of difficulties in taking higher education loans and had to guarantee property or another type of security for the loan, then only the students could get the loan. In such a situation, those students used to have a lot of trouble who did not have anything to guarantee, and their studies were left in the middle due to a lack of money arrangements. In such a situation, this step taken by CM will help the students of the state to get higher education and it also gives the facility to the students to repay the loan after getting a job, so that the students of WB will get a lot of conveniences and they will be able to repay it according to their own. With the WB Student Credit Card Scheme, the students of the state will not only be able to move ahead and the unemployment rate of the state can also be reduced.
West Bengal Student Credit Card Eligibility Criteria 2022
Below are the complete eligibility criteria to become eligible for West Bengal Student Credit Card Scheme:-
- The applicant for West Bengal Student Credit Card should have spent 10 years in the state of West Bengal.
- The loan will be given for multiple courses.
- A student is eligible for the West Bengal Student Credit Card till he or she attains the age of 40 years.
- A student will get 15 years to repay the West Bengal Student Credit Card loan after getting a job.
Documents Required for West Bengal Student Credit Card
- Aadhar Card
- mobile number
- residence certificate
- age proof
- Bank account statement
- passport size photograph
- ration magazine income certificate
WB Student Credit Card scheme 2022 Application Process
Till now no information has been given about the WB Student Credit Card scheme 2022 application process so guys be a regular visitors of this page, as soon as we get any information about this scheme or any new updates on this scheme, we will inform you immediately via our page, so you are requested to stay connected with us.
WB Student Credit Card scheme 2022 Q & A
WB Student Credit Card scheme 2022 is a higher education loan that will be given to students pursuing higher education. And the interest on it will be very less and the student will be able to repay it within a period of 15 years after getting the job.
The loan via WB Student Credit Card scheme 2022 can be avail to all the students from 18 to 40 years of age who have been living in West Bengal for 10 years.
No guarantee of any kind will be taken from the students or their parents for the West Bengal Student Credit Card scheme 2022 and it will be dispersed to the students on the West Bengal government’s guarantee.