Santipur College

Students' Credit Card

About the scheme

The Higher Education Department, Government of West Bengal, has launched the Student Credit Card Scheme to help students of the state pursue their education without facing financial barriers.

This scheme extends support for a wide range of studies—secondary, higher secondary, and madrasah education, as well as undergraduate, postgraduate, professional degree, and equivalent courses—in schools, madrasahs, colleges, universities, and other recognized institutions both in India and abroad. It also covers students preparing for competitive examinations such as Engineering, Medical, Law, IAS, IPS, WBCS, and others through various coaching institutions.

Under this initiative, an eligible student from West Bengal can avail of a loan of up to ₹10 lakhs at a simple interest rate of 4% per annum from the State Cooperative Bank, its affiliated Central and District Central Cooperative Banks, and Public/Private Sector Banks. Those who fully pay the interest during their study period will enjoy an additional 1% interest concession.

Applicants must be within the age limit of 40 years at the time of applying, and the repayment tenure, including the moratorium or repayment holiday, is 15 years.

Members of committee SCC (Santipur Credit Card)

Programs held