very good news for those candidates who want to go for higher study but there
financial problem they could not, So Exciting news for Bihar Students, Bihar
government has finally launched the credit card program for students in the
state of Oct. 2.
government plans to offer education loans up to 4 lakh spend 12 students in the
system of student credit cards. Under the plan, the Government aims to provide
credit cards for about 5 lakh students in 2016-17.
government official examines and verifies all data and documents submitted by
students, including income from the details of the respective educational
institutions. This will be done within 15 days after receiving the documents
checking, data / documents will be shared with the banks, which in turn approve
or disapprove the loan within 15 days. Loan approval / disapproval information
of the reason is shared by banks to applicants via SMS.
approved, applicants will be required to visit the bank branch for the paperwork.
After that, banks issue credit cards for students that can be used to pay the
fees and expenses of higher education.