jharkhand Student Credit Card

jharkhand Student Credit Card Scheme

The jharkhand government is making attention for its “jharkhand Student Credit Card ” scheme clever plan to encourage more students to enrol in graduate-level or equivalent courses around the state. In order to accomplish this, the Nitish Kumar-led administration has developed a new plan Mukhyamantri Nishchay Swayam Sahayata Bhatta Yojana (MNSSBY) scheme that will help students in receiving the crucial education.

What is jharkhand Student Credit card?

A lending program called the jharkhand Student Credit Card Yojana was launched in 2 October 2016 with the primary objective of assisting students in paying their college fees. Students who have completed their 12th grade can apply for an interest-free loan of up to Rs. 4 lakh. Loans are an option for students who want to pay for studies like engineering education, medical education, business education and many more courses like, BTech, BCA, MBA, MCA, BAMS, BHMS, BSc Nursing, Pharmacy, Agriculture, BA, MA MTech & many more courses.

Goals and Objectives of This Scheme

The primary goal of this scheme is to increase the state’s Gross Enrollment Ratio. Last time, the Gross Enrollment Ration (GER) was 14.3%, while the National GER was 24%. As a result, this scheme was launched in order to increase the state’s GER by 30% and make jharkhand one of the most developed states. The government will provide financial assistance to deserving students who want to further their education but are unable to do so due to financial constraints. It will also aid in the employment of young people.

Eligibility To Study MBBS in Russia

According to the National Medical Commission (NMC) erstwhile the Medical Council of India (MCI), the eligibility for MBBS admission in Russia for Indian students is as follows:

• Passed 10+2 or equivalent in Physics, Chemistry, Biology, and English.
• Scored 50% for unreserved categories and 40% for reserved categories in PCB subjects in Class 12.
• The minimum age to apply is 17 years and the maximum age is 25 years as in the year of admission.
• The student must have qualified the NEET exam and possess a valid score card. (50th percentile for unreserved and 40th percentile for the reserved categories)

Advantages and features of This Scheme

• You can get maximum loan amount of Rs.4 lakh under this BSCC scheme.
• You can get financial assistance if you need it to pay for fees, laptops, or books.
• For technical, polytechnic, and general education courses, you may apply for a loan.
• You can get financial assistance if you need it to pay for fees, laptops, or books.
• Only when you have finished the course and found a job will you be required to begin making payments on the loan.
• Through the jharkhand Student Education Finance Corporation, the jharkhand Student Credit Card charges 4% simple interest (1% simple interest for women, people with disabilities, and transgender people).
• Since the loan is owned by the government, the recovery procedures are not particularly severe. The government may in some circumstances abrogate the balance.

Required Documents for Apply to This Scheme

• Completed Common Application Form PAN Cards for the Applicant and Co-Applicant Copies of Scholarship Award Letters
• Approved course concept
• Fee structure
• Aadhaar cards for the applicant and co-applicant, as well as transcripts from grades 10th and 12th.
• Admission evidence
• Proof of address

Eligibility Criteria for jharkhand Student Credit Card

• You must reside in jharkhand.
• You must have completed the Intermediate standard. Class 12 graduates (polytechnic after tenth grade) and jharkhand applicants who have completed the same in states like Jharkhand and West Bengal are also eligible for this scheme.
• You must enrol in a course at a recognised institution
• The entire courses must be finished.
• Only the regular courses will be eligible for the loan.

When compared to other traditional credit cards offered by banks and non-banking financial institutions, the Student Credit Card of jharkhand is significantly different (NBFCs). The credit card’s primary function is to support school; as a result, it cannot be used for other things like a regular credit card.

When will you receive your student Credit Card?

Government personnel will review the supplied documents after they have all been successfully submitted. After obtaining the student’s documentation, the verification process can take up to 15 days. Consequently, you will receive your BSCC Card in about two weeks.

jharkhand Student Credit Card Courses List

It is known that students in the state have received loans for studies in 42 courses so far. If these 87 new courses are approved under jharkhand student Credit Card, there will be a total of 129 courses available for study. There are many more courses, where you can apply student credit card. Some of the top courses are BTech, BCA, MBA, MCA, BAMS, BHMS, BSc Nursing, Pharmacy, Agriculture, BA, MA MTech, etc.

jharkhand Student Credit Card Colleges List

The colleges covered by the Student Credit Card of jharkhand are available throughout India and in every state. As a result, jharkhand students from all over India can benefit from this facility. Which is a very good thing from the viewpoint of education; it has created a new revolution in the field of education, students who were unable to pay college fees or pursue further studies due to financial constraints. The list of colleges under this BSCC scheme is very long.