Education Loan Facility

WBSCC (West Bengal Students Credit Card)

Under the visionary leadership of Mamata Banerjee, Honrable Chief Minister, West Bengal, The Higher Education Department, Government of West Bengal has introduced the Student Credit Card Scheme for the students of West Bengal to enable them to pursue education without having any financial constraints. This scheme is designed to support the students to pursue secondary, higher secondary, madrasah, undergraduate and post graduate studies including professional degree and other equivalent courses in any School, Madrasah, College, University and other affiliated institutes within and outside India. Students studying in various coaching institutions for appearing in different competitive examinations like Engineering, Medical, Law, IAS, IPS, WBCS etc, can also avail the loan under this scheme. A student from West Bengal can obtain a maximum loan of Rs. 10 lakhs @ 4% per annum simple interest from the State Cooperative Bank and its affiliated Central Cooperative Banks and District Central Cooperative Banks and Public/ Private Sector Banks. 1% interest concession will be provided to borrower if the interest is fully serviced during the study period. The upper age limit for the interested students has been kept as 40(forty) years at the time of applying for loan. The repayment period shall be fifteen (15) years for any loan availed under this Credit Card including the Moratorium/ repayment holiday. For details kindly go through the Scheme given in this portal.

Avail educational loan facility by registering on the link : Click Here

Vidya Lakshmi

National Securities Depository Limited (NSDSL) e-Governance Infrastructure Ltd., has developed Vidya Lakshmi Portal. This portal has facilities of education loan, scholarship and other student friendly facilities through one link and enables the applicant to track the education loan applications to banks anytime, anywhere by accessing the portal.

The portal also has linkages with National e-Scholarship Portal (NeSP). This portal has been developed under the guidance of the Department of Financial Services (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA).

Avail educational loan facility by registering on the link : Click Here