Bihar Chief Minister Nitish Kumar on Tuesday Introduced that Curiosity-Free Loans might be supplied to college students beneath the Bihar Scholar Credit score Card Scheme.
Earlier, Training Loans of As much as ₹ 4 Lakh Have been Offered at An Curiosity Fee of 4% to Male Candidates, And 1% to Feminine, In another way-Lead, And Transgender Candidates WHO HAVE PASSED The Class 12 Examinations. The Bihar Scholar Credit score Card Scheme has been in Impact Since October 2, 2016.
Mr. Kumar shared the knowledge on social media platform ‘X’ saying, “I’m extramely please to tell you that face the schooling mortgage supplied beneath the scholars ‘the scholars’ the Scholar Credit score Card Scheme might be . Extra, the availability for repaying an schooling mortgage of as much as ₹ 2 lakh in 60 months (5 years) has no beed prolonged to a most of 84 month-to-month installations (7 years). ”
He Additional Stated, “For Mortgage Quantities Above ₹ 2 Lakh, The Reimbursement Interval has been prolonged from 84 month-to-month Installations (7 years) to a Most of 120 Month-to-month Installations (10 years). to make sure that as many college students within the state can Pursue Larger Training. “
Mr. Kumar added that the transfer will enhance the ethical of scholars, enabling them to pursue increased schooling with nice grater and dedication, thereby shapping not solely his future but in addition the way forward for the state and the curse.
Whereas addressing the Nda Employees’ Convention in Sheikhpura Meeting Seat, Janata Dal (United) State President Umesh Singh Kushwaha Descibed The Announcement as a historical past.
He mentioned this initiative won’t solely present Larger Training Alternatives to College students from Economically Weaker Households, but in addition Empower the Training Sector of Bahar and TAKE TAKE THE State to new heights.
Revealed – September 17, 2025 01:20 AM IST