83 thousand students will get education loan in Bihar latest news today in hindi

83 thousand students will get education loan in Bihar latest news update 2023

Latest Updated 04/05/2023: The state government will give the benefit of Student Credit Card Scheme to 83 thousand students this year. The Education Department has finalized this scheme for the year 2023-24. Separate targets have been fixed for all the 38 districts. Under this, needy students will be selected and given education loans. According to this list, maximum 5096 students from Patna district and minimum 410 students from Shivhar district will get benefit. At present, loans up to Rs 4 lakh are given to the students.


What is Student Credit Card Scheme This scheme is for those students who have completed their Intermediate or 12th class education from Bihar government run institutions. Students get loans up to Rs 4 lakh for their studies. The loan amount can be used for studies from 12th onwards. Students are charged 4% interest on the loan amount. The interest rate for women, transgenders and disabled is 1 per cent.


83000 students will get education loan in Bihar notification latest news update 2023 in hindi



The loan amount has to be repaid by the students after completion of the course. There is a rebate of 0.25 percent in the interest rate on early loan repayment in the stipulated time. Loan recovery will be postponed if there is no employment or income from other means within the prescribed period.


How many students benefit from which district

District Target


  • Patna 5096
  • Araria 1359
  • Arwal 1047
  • Aurangabad 2650
  • Dandy 1337
  • Begusarai 2512
  • Bhagalpur 2686
  • Bhojpur 2667
  • Buxar 1308
  • Darbhanga 3309
  • East Champaran 3744
  • Gaya 4401
  • Gopalganj 2483
District Target

  • Jamui 1401
  • Jehanabad 1007
  • Kaimur 1387
  • Katihar 1277
  • Khagaria 1256
  • Kishanganj 756
  • Lakhisarai 1085
  • Madhepura 1548
  • Madhubani 3451
  • Munger 1155
  • Muzaffarpur 3547
  • Nalanda 2970
  • Nawada 2177
District Target
  • Purnia 1696
  • Rohtas 3370
  • Saharsa 1143
  • Samastipur 3473
  • Saran 3528
  • Sheikhpura 642
  • Shivhar 410
  • Sitamarhi 2019
  • Siwan 3203
  • Supaul 1104
  • Vaishali 2392
  • Fifth note of musical scale. Champaran 2404
Total 83000


How to get the benefit of student credit card


Have to apply online. For this, Aadhaar, PAN, bank account, income certificate, 10th and 12th marksheet, residence certificate are necessary. The loan is sanctioned after scrutiny of the application. Loans up to Rs 2 lakh are to be repaid in a maximum of 60 monthly installments after the stipulated period, while loans above Rs 2 lakh are to be repaid in a maximum of 84 monthly instalments.