Credit Card

A credit card is a financial tool issued by a bank or financial institution that allows cardholders to borrow funds up to a certain limit in order to make purchases, pay for services, or withdraw cash.

West Bengal Student Credit Card Interest Subsidy Arrangement, 2021

 

The arrangement provides interest subsidy to the extent that the students have to bear interest burden of only 4% p.a. at simple rate during the full period of the education loans without providing any collateral security and third-party guarantee, for pursuing education from class 10 onwards.

West Bengal Student Credit Card Scheme, 2021

 

Students residing in West Bengal above 10 years. Loan will be available for undergraduate, postgraduate, doctoral and post-doctoral study in India or abroad. Students till the age of 40 years of age are eligible for the scheme.

“CREDIT CARD”

 
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