Getting higher education is every student’s dream, but the rising cost of college fees, books, and other expenses often becomes a big hurdle. To solve this problem, the Government of Bihar launched the Bihar Student Credit Card Scheme in 2016. This scheme has helped lakhs of students complete their studies without worrying too much about money.

Now in 2025, the Bihar government has updated the scheme with some major changes that make it even better. The biggest update is that education loans under this scheme are now completely interest-free for all students. This means you don’t have to pay any extra money apart from the actual loan amount.

In this blog, let’s understand the Bihar Student Credit Card Scheme 2025, who can apply, how to apply, and how colleges like IIBM Patna are helping students through this facility.

What is the Bihar Student Credit Card Scheme?

The Bihar Student Credit Card Scheme is a government scheme that gives students a chance to take an education loan up to ₹4 lakh for higher studies. Whether you want to do a regular course like BA, B.Sc. or a professional course like BCA, BBA, MBA, Engineering, or Medical – this scheme can support you.

The loan money can be used to pay:

• College/University fees
• Books and study material
• Laptops and equipment
• Hostel charges

Bihar Student Credit Card Scheme-New Updates in 2025

• Interest-Free Loans– Earlier, general students had to pay 4% interest and girls/disabled students paid 1%. Now, in 2025, all students will get 0% interest loans.
• Longer Repayment Period- If your loan is up to ₹2 lakh → You now get 7 years instead of 5 years. If your loan is more than ₹2 lakh → You now get 10 years instead of 7 years.

Who Can Apply? (Eligibility Criteria)

• You must be a resident of Bihar.
• You must have passed Class 12 or an equivalent exam.
• You should have taken admission in a recognized college/university.
• Courses covered: General, Technical, Professional, or Diploma courses.
• Usually, applicants should be below 25 years of age (with some relaxation).

How to Apply for Bihar Student Credit Card Scheme (Step by Step)

• Visit the official website: (https://www.7nischay-yuvaupmission.bihar.gov.in)
  Register as a new applicant by filling in your basic details.
• Fill out the application form with your personal, educational, and course details.
• Upload required documents like Aadhaar card, PAN card, marksheets, admission letter, and a photograph.
• Submit the form online and note down the reference number.
• Your application will be checked at the District Registration and Counselling Centre (DRCC).
• Once approved, the loan amount will be provided through partner banks.

Why This Scheme is Helpful?

• No interest = less financial stress.
• Covers almost all types of higher education.
• More time to repay = smaller EMIs.
• Equal opportunity for everyone, whether from cities or rural areas.
• Easy online process with government support.

IIBM Patna: Best College in Patna Supporting Bihar Student Credit Card Scheme

When students think about higher education, choosing the right college is just as important as getting financial help. This is where IIBM Patna (Indian Institute of Business Management, Patna) comes in.

IIBM Patna is known as the best college in Patna for BCA, BBA, and MBA. With over 46 years of excellence, the college focuses on quality education, industry exposure, and excellent placements.

Most importantly, IIBM Patna supports students through the Bihar Student Credit Card Scheme. This means if you want to study BCA, BBA, or MBA here, you can easily apply for the student credit card facility and complete your education without financial worries.

Why students choose IIBM Patna:

• Top-rated BCA, BBA, and MBA programs.
• Strong placement support with 100% assistance.
• Affordable fee structure with credit card facility.
• A trusted institution with a legacy of excellence.

Final Thoughts

The Bihar Student Credit Card Scheme 2025 update is a big relief for students and parents. With interest-free loans and longer repayment periods, higher education is now more affordable and stress-free.

If you are a student in Bihar who wants to pursue BCA, BBA, or MBA, choosing a college like IIBM Patna and applying through the Student Credit Card Scheme can be the smartest decision for your future.

Don’t let money stop your dreams — grab this opportunity, apply under the scheme, and move one step closer to your career goals.