Bihar Student Credit Card / Education Support Scheme
Bihar State Education Finance Corporation (BSEFC), Government of Bihar · Bihar
Amount
₹4.0 Lakh+
Deadline
Open Year-Round
Status
Open now
Provider Type
Government
Application Mode
Online
Last Verified
2026-27
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
₹4.0 Lakh+
Provides educational loans up to ₹4 Lakhs at a highly subsidized interest rate of 1% (0% for girls and disabled) for higher studies.
- —
Subsidized education loan up to ₹4 Lakhs.
- —
Interest rate of 1% for boys, and 0% for girls, transgender, and disabled students.
Note: Requires co-applicant (typically parent) and physical verification at DRCC.
Eligibility Criteria & Income Limit
- Education level: Undergraduate, Postgraduate, Professional
- Course / stream: All Streams
- Minimum marks: 33%
- Income limit: No income bar
- Category: General, OBC, SC, ST, EWS
- Domicile: Bihar
Mandatory Documents Checklist
- —* Class 10 and 12 Passed Marksheets
- —* Admission Letter from recognized higher education institution
- —* Detailed Fee Structure of the course
- —* Aadhaar Card of student and co-applicant
- —* Domicile Certificate of Bihar
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.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1Access Portal
Go to the official MNSSY portal at [7nishchay-yuvaupmission.bihar.gov.in](https://www.7nishchay-yuvaupmission.bihar.gov.in/).
- 2Register/Login
Register using Aadhaar and mobile verification. Choose "Student Credit Card Scheme".
- 3Enter details
Input student profile, course fee structure, and details of co-applicant.
- 4DRCC center visit
Schedule an appointment and visit the District Registration and Counseling Center (DRCC) with original documents.
- 5Loan approval
The loan is approved and disbursed in installments directly to the college bank account.
Apply Links
Ready to apply?
This takes you to the official portal. IndiaScholarships doesn't process applications or charge any fee.
Help & Contact Support
Not sure if you qualify?
Official Last Date & Timelines
Open Year-Round (Continuous Enrollment)
Applications are open throughout the year aligned with academic sessions.
Dates are subject to change per the provider's official notification. Apply well before the closing date.
Common Questions (FAQs)
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%.
What is the maximum loan limit?
Students can secure a loan up to ₹4 Lakhs for tuition fees, hostel, books, and living expenses.
Is DRCC visit mandatory?
Yes, visiting the DRCC (District Registration and Counseling Center) with original documents is mandatory for physical verification.
Discover More
Legal Disclaimer
IndiaScholarships.in attempts to provide accurate information manually curated from official sources. 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.