US EditionBihar CM Nitish Kumar Announces Interest-Free Education Loans for Class 12 Passers Ahead of 2025 Assembly Elections
The Bihar government extends repayment terms up to 10 years and waives interest on loans up to ₹4 lakh under the Student Credit Card Scheme, aiding higher education access.
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5 Articles
Bihar govt announces interest-free education loans for 12th pass students
The Bihar government on Tuesday waived interest on education loans provided under the Bihar Student Credit Card Scheme. CM Nitish Kumar in a post on X announced that interest-free education loans will be provided to students who passed the Class 12 exams. "The Bihar Student Credit Card Scheme has been in effect since October 2, 2016, for students who have passed the 12th grade and wish to pursue higher education Under the Bihar Student Credit Ca…
Bihar CM Nitish Kumar announces interest-free education loans for Class 12 passers ahead of 2025 assembly elections
Earlier, education loans of up to ₹4 lakh were provided at an interest rate of 4% to general male applicants, and 1% to female, differently-abled, and transgender applicants
Before the Bihar Assembly Election 2025, Chief Minister Nitish Kumar has given a big gift to the students. He has announced that now the students will not have to pay any interest on the education loan received under the Bihar Student Credit Card Scheme. He made this announcement on his social media handle. Bihar Student Credit Card Scheme is now completely interest free CM Nitish Kumar told that this scheme was started from 2 October 2016. Earl…
Nitish Kumar announces interest-free loans under student credit card scheme
Patna, Sep 16 (IANS) In the run up to the Bihar Assembly elections, Chief Minister Nitish Kumar has announced a major relief for students seeking higher education. From now on, loans taken under the Bihar Student Credit Card Scheme (BSCCS) will be completely interest-free for all applicants. Students can avail up to Rs 4 lakh […] The post Nitish Kumar announces interest-free loans under student credit card scheme appeared first on The Local Repo…
Nitish announces interest-free education loans for those passing class 12 exams
Patna, Sep 16 (PTI) The Bihar government on Tuesday announced that interest-free loans will be provided to students who passed the class 12 board examinations under the Student Credit Card Scheme to help them pursue higher education.Earlier, education loans of up to Rs 4 lakh were provided at an interest rate of 4 per cent to general male applicants, and 1 per cent to female, differently-abled, and transgender applicants."Now, the loan will be i…
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