I am thinking to apply for student credit card, so are there any hidden or annual fees on student credit card.
To apply for the Bihar Student Credit Card, you can register as a new user on their official website and fill out the application form. After filling and submitting the form you have to visit DRCC as per the appointment scheduled by the manager. After submitting and verifying documents o Multipurpose assistant (MPA), Assistant manager Schemes and Third Party Verification Agency, application will be forwarded to education department and education Department will forward the application to the concerned bank, once the applicant will get the disbursement of Loan by the bank and the same will be informed to the DRCC by bank officials.
What are the eligibility criteria for Bihar Student Credit Card Scheme?
. Eligibility Criteria for Bihar Credit Card Scheme is that you must be from Bihar, passed class 12 and must be between the age of 18 and 25. Annual Family should not be more than Rs. 6,00,000.
The application process for the Bihar Student Credit Card is pretty straightforward. You need to apply through the Bihar government’s official 7 Nischay portal. After registering, you’ll fill out the form, upload your documents like your Class 12 marksheet, admission letter, Aadhar, and PAN, and then attend a short interview or verification step at the District Registration and Counseling Center (DRCC).
There are no hidden charges or annual fees. It’s not a credit card in the usual sense but more of an education loan with friendly terms. The loan goes up to ₹4 lakh, with very low interest, and you only start repaying after you finish your course and get a job. It’s designed to help students, not profit off them.