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Changes in Guruji Credit Card Scheme: First Semester Fees to Be Refunded; Jharkhand Cabinet Meeting Approves 53 Proposals

Summary by Dainik Bhaskar
Margin money abolished on loans up to ₹15 lakh The Jharkhand government has amended the guidelines for the Guruji Student Credit Card Scheme. Students will now receive a one-time reimbursement of their first semester or first-year fees at the time of admission. This amount will be returned through a web portal. To reduce the financial burden on students, the 5% margin money requirement for loans up to ₹15 lakh has also been abolished. This decis…
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Margin money abolished on loans up to ₹15 lakh The Jharkhand government has amended the guidelines for the Guruji Student Credit Card Scheme. Students will now receive a one-time reimbursement of their first semester or first-year fees at the time of admission. This amount will be returned through a web portal. To reduce the financial burden on students, the 5% margin money requirement for loans up to ₹15 lakh has also been abolished. This decis…

·Bhopal, India
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Dainik Bhaskar broke the news in Bhopal, India on Wednesday, August 26, 2026.
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