Bihar Student Credit Card / Education Support Scheme
About the Program
Apply for the Bihar Student Credit Card (MNSSY). Learn about DRCC verification, subsidized interest rates (1% for boys, 0% for girls), and loan limits (up to ₹4 Lakhs).
Benefits & Financial Support
Provides educational loans up to ₹4 Lakhs at a highly subsidized interest rate of 1% (0% for girls and disabled) for higher studies.
Inclusions
* Subsidized education loan up to ₹4 Lakhs. * Interest rate of 1% for boys, and 0% for girls, transgender, and disabled students.
Eligibility Criteria
Educational Qualification
Undergraduate, Postgraduate, Professional
Must be enrolled in All Streams. Minimum 33% marks required in previous exam.
Financial & Category
Important Note
Requires co-applicant (typically parent) and physical verification at DRCC.
Selection Process
Based on admission in recognized institutions in India, Bihar domicile, and passing intermediate exams.
Renewal Policy
Required each year by submitting passing semester transcripts and institutional bonafide on the portal.
Application Process
- 1
### Step-by-Step Application Guide
- 2**Access Portal
** Go to the official MNSSY portal at [7nishchay-yuvaupmission.bihar.gov.in](https://www.7nishchay-yuvaupmission.bihar.gov.in/).
- 3**Register/Login
** Register using Aadhaar and mobile verification. Choose "Student Credit Card Scheme".
- 4**Enter details
** Input student profile, course fee structure, and details of co-applicant.
- 5**DRCC center visit
** Schedule an appointment and visit the District Registration and Counseling Center (DRCC) with original documents.
- 6**Loan approval
** The loan is approved and disbursed in installments directly to the college bank account.
Documents Required
Important Dates
Application Deadline
Open Year-Round (Continuous Enrollment)
Applications are open throughout the year aligned with academic sessions.
Dates are subject to change as per the provider's official notification. Applicants are encouraged to apply well before the closing date.
Scholarship Quick Facts
Common Questions (FAQs)
Q.What is the interest rate under this scheme?
The interest rate is highly subsidized at 1% per annum. For female, transgender, and disabled students, it is further reduced to 0%.
Q.What is the maximum loan limit?
Students can secure a loan up to ₹4 Lakhs for tuition fees, hostel, books, and living expenses.
Q.Is DRCC visit mandatory?
Yes, visiting the DRCC (District Registration and Counseling Center) with original documents is mandatory for physical verification.
Help & Contact Support
Official Support
Need Application Help?
If you have trouble applying, you can check your eligibility or browse our step-by-step application guides.
Legal Disclaimer
IndiaScholarships.in attempts to provide accurate information manually curated from official sources. However, scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official Bihar State Education Finance Corporation (BSEFC), Government of Bihar website before final submission.
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Ready to Apply?
Submit your application through the official portal. Ensure all documents are scanned and ready for upload.
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