Bihar Student Credit Card Scheme: How to apply for credit card
On October 2, 2016, the Bihar Student Credit Card Scheme was introduced in honour of Gandhi Jayanti. Under this programme, any student who passed 12th grade and wants to pursue further education but cannot otherwise do so would get an education loan in the amount of Rs. 4 lacs. Each of these students will receive a guarantee against the loan from the Bihar State Education Finance Corporation. Loans will be made available under this programme to pay for living expenses, future educational costs, tuition for the school (which includes housing), and even rental housing in the event a hostel is unavailable.