Name of the Scheme: West Bengal Student Credit Card Scheme, 2021
Beneficiary: Students residing in West Bengal above 10 years. Loan will be available for undergraduate, postgraduate, doctoral and post-doctoral study in India or abroad. Students till the age of 40 years of age are eligible for the scheme.
Objective: To provide soft loans upto Rs. 10 lakh to pursue higher studies with the help of Credit Card.
Fifteen years will be given to a student to repay the loan after getting a job.
Date of Launch: The decision to launch this scheme was taken in a state cabinet meeting which was held on 24th June 2021.