Are financial constraints stopping you from pursuing your dream career? Whether you want to study Engineering, Medicine, Law, or prepare for competitive exams like IAS/IPS, money should never be a barrier. To solve this problem, the Government of West Bengal has launched the revolutionary West Bengal Student Credit Card (WBSCC) Scheme.
Unlike traditional bank education loans that require high interest rates and collateral (security), this government-backed scheme offers students a credit limit of up to ₹10 Lakhs at a nominal simple interest rate. The best part? You do not need any personal guarantor—the State Government stands as your guarantor.
💳 WBSCC Loan Highlights 2026
Key financial details you must know before applying:
| Maximum Loan Amount | ₹10,00,000 (10 Lakhs) |
| Interest Rate (ROI) | 4% (Simple Interest) |
| Loan Guarantor | Govt of West Bengal (Collateral Free) |
| Repayment Tenure | 15 Years (With Moratorium) |
| Application Mode | Online (wbscc.wb.gov.in) |
What is the West Bengal Student Credit Card Scheme?
Launched under the visionary leadership of Chief Minister Mamata Banerjee, the Student Credit Card is not just a scholarship but a soft loan facility. It is designed to support students living in West Bengal who want to pursue higher education in India or abroad.
Through this card, students can take a loan from cooperative banks, public sector banks, or private banks. The loan amount can be used for:
- Institutional Fees: School, College, University, or Professional Institute fees.
- Living Expenses: Hostel fees and rent for students living outside.
- Electronic Equipment: Buying a Laptop, Tablet, Books, or other study materials (Up to 20% of the loan amount).
- Coaching Classes: Fees for competitive exams like JEE, NEET, UPSC (IAS/IPS), and WBPSC.
💡 Loan vs Scholarship: What’s Better?
Remember, WBSCC is a Loan (you have to repay it after getting a job). If you are looking for free financial help that you don’t have to return, check if you are eligible for the Swami Vivekananda Scholarship (₹60k Grant).
👉 Click Here to Check Scholarship Status
Detailed Eligibility Criteria (Who Can Apply?)
Before you start the registration, strictly check your eligibility. Banks reject thousands of applications simply because students do not meet the basic criteria.
- ✅ Residency Rule: The applicant must be an Indian national and a resident of West Bengal for at least 10 years.
- ✅ Age Limit: The maximum age limit to apply for the loan is 40 Years. (You can repay the loan until age 55).
- ✅ Minimum Education: Students studying in Class 10 and above (Class 10, 11, 12, UG, PG, Ph.D., Post-Doctoral) are eligible.
- ✅ Institution Type: The School/College/University must be recognized by the State or Central Government boards (e.g., WBBSE, WBCHSE, UGC, AICTE).
📂 Required Documents for WBSCC Application 2026
To ensure a smooth loan approval process from the bank, you must keep the scanned copies of the following documents ready before logging in. Note: Most applications get rejected because of blurry images or wrong file formats.
Please strictly follow the File Size Limits mentioned below:
| Document Name | Format | Max Size |
|---|---|---|
| A. Student’s Documents | ||
| Color Photograph | JPEG / JPG | 20 KB – 50 KB |
| Signature | JPEG / JPG | 10 KB – 50 KB |
| Aadhaar Card / Class 10 Certificate | 50 KB – 400 KB | |
| Admission Receipt (Fee Details) | 50 KB – 400 KB | |
| B. Co-Borrower’s (Parent) Documents | ||
| Color Photograph | JPEG / JPG | 20 KB – 50 KB |
| Signature | JPEG / JPG | 10 KB – 50 KB |
| Address Proof (Voter ID/Aadhaar) | 50 KB – 400 KB | |
⚠️ Pro Tip for Faster Approval:
Banks conduct a CIBIL Score check of the Co-borrower. Although PAN Card is optional in the form, we highly recommend uploading the Parent’s PAN Card. It helps the Bank Manager verify financial records quickly and sanctions the loan faster.
📝 How to Apply Online: Step-by-Step Registration
The application process for the West Bengal Student Credit Card is 100% online. You do not need to visit the bank or BDO office initially. Follow this exact guide to register on the portal.
Step 1: Student Registration
First, you need to create your profile on the Higher Education Department’s portal.
- Visit the official website: wbscc.wb.gov.in
- Click on the blue “Student Registration” button on the homepage.
- Enter basic details: Name, Date of Birth, Gender, and Aadhaar Number.
- Important: Select your Institution (School/College) correctly from the dropdown list. If you can’t find your college, contact your Nodal Officer.
- Enter your Mobile Number & Email ID and click on “Register”.
Step 2: OTP Verification & ID Generation
An OTP will be sent to your registered mobile number. Enter the OTP to verify your account. Once verified, a unique Registration ID (e.g., SCC2026WB…) will be generated and sent to your phone via SMS. Save this ID safely.
Step 3: Filling the Application Form
Now, click on “Student Login” using your ID and Password to complete the profile.
- Personal Details: Fill in your permanent address, caste, and parent’s details.
- Co-Borrower Details: Enter the occupation and income details of your parent (Guardian).
- Bank Details: This is the most critical part. Enter the Student’s Bank Account Number and IFSC Code carefully. Also, enter the Co-borrower’s Bank details.
🏦 Choosing the Right Bank Branch
In the application form, you have to select a preferred bank branch for the loan. Pro Strategy: Always choose a bank branch where you or your parents already have an active account (e.g., SBI, PNB, Canara, Indian Bank). Existing customers often get priority in loan processing compared to new customers.
💸 WBSCC Loan Interest & Repayment Calculator
The biggest advantage of the West Bengal Student Credit Card is its interest rate. Unlike private banks that charge 10-12% Compound Interest, the WBSCC scheme charges only 4% Simple Interest per annum.
Let’s understand how much you actually have to pay back. Here is a simplified EMI Calculation Chart for a 15-year tenure:
| Loan Amount | Interest Rate | Total Interest (1 Yr) | Est. Monthly EMI* |
|---|---|---|---|
| ₹ 2,00,000 | 4% | ₹ 8,000 | ~ ₹ 1,700 |
| ₹ 5,00,000 | 4% | ₹ 20,000 | ~ ₹ 4,400 |
| ₹ 8,00,000 | 4% | ₹ 32,000 | ~ ₹ 7,100 |
| ₹ 10,00,000 | 4% | ₹ 40,000 | ~ ₹ 8,800 |
*Note: These are estimated figures for a 15-year tenure. Actual bank EMI may vary slightly.
⏳ When do I have to start paying? (Moratorium)
You do not need to pay immediately! The scheme offers a Moratorium Period (Repayment Holiday). You have to start paying the EMI only after:
1 Year after completing your course OR After getting a job (whichever is earlier).
🔍 Application Status Tracking & Meaning
After submitting the application, students often get confused by the different status updates. Here is the meaning of every status code you see on the dashboard:
- 1. Submitted to HOI (Head of Institution) Your application is currently with your School/College Principal. They will verify your student records.
- 2. Forwarded to HED (Higher Education Dept) Congratulations! Your college has approved the form. It is now with the State Government for final verification.
- 3. Forwarded to Bank The Govt has cleared your file. Now the Bank Manager will check your CIBIL and documents to sanction the loan.
- 4. Loan Sanctioned Success! The bank has approved the loan. You will receive an SMS to visit the branch for the agreement signature.
⚠️ Why WBSCC Applications Get Rejected?
Many students see the status “Application Returned to Applicant” or “Defect Pending”. This usually happens due to common mistakes. Fix these to get approval:
- Blurry Documents: Always upload clear, scanned PDFs. Do not upload photos taken in low light.
- Bank IFSC Mismatch: Many banks (like UBI, Allahabad) have merged. Ensure you are using the New IFSC Code.
- Low CIBIL Score: If your co-borrower (parent) has defaulted on a previous loan, the bank may reject the application. In this case, try changing the co-borrower (e.g., Mother instead of Father).
🔗 Quick Links for WBSCC 2026
Use the official buttons below to access the government portal directly.
*Click on ‘Student Registration’ on the home page
👤 Student Login (Go to Dashboard) 📄 Download Official Guidelines PDF❓ Frequently Asked Questions (WBSCC)
Q1. Is the Student Credit Card loan interest-free?
No, it is not interest-free. However, the interest rate is very low at 4% Simple Interest per annum, which is much cheaper than personal loans.
Q2. Can I buy a Laptop or Mobile with this loan?
Yes! You can use up to 20% of the total loan amount to purchase electronic gadgets like Laptops, Tablets, or Mobiles required for your course.
Q3. What if I don’t get a job? Do I still have to repay?
Yes, repayment is mandatory. However, you get a long tenure of 15 years to repay. You can start paying 1 year after completing your course.
Q4. Why is my application status stuck at “Submitted to HOI”?
This means your School/College Head has not verified your form yet. You should physically visit your institution’s office and request them to forward your application to the Higher Education Department (HED).
🎓 Take the Right Step!
The West Bengal Student Credit Card is a golden opportunity to fund your education without burdening your parents. Arrange your documents today and apply online.
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Disclaimer: SaldihaCollege.in is an informational platform and is not associated with the Government of West Bengal or the WBSCC Authority. We do not claim to be the official website. All logos and trademarks belong to their respective owners. Please verify all information on the official portal wbscc.wb.gov.in before applying.
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Hi, I am Ashish Goswami, the Lead Editor at Saldiha College Info. I am an education enthusiast and content creator passionate about helping West Bengal students with the latest updates on Scholarships, University Results, and Exam Routines. My goal is to simplify official notices for everyone.
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