Bihar Student Credit Card Scheme
Saat Nischay Program
In the month of October 2016 the Hon’ble Chief Minister of Bihar Shree Nitish Kumar launched Bihar Student Credit Card Scheme under “Saat Nischay” program. It helps students who passed the 12th standard to realise their higher education dreams.
This government initiative aims to bridge the gap between Gross Enrolment Ration (GER) in Bihar and that in other parts of the country by ensuring that students do not stop studying due to lack of finances.
Financing Limit
Up to Rs. 4 lakh at nominal interest rates.
Benefit
Significant number of students has been taking advantage of this scheme.