Jharkhand Student Credit Card Scheme 2022 Launched, Soft Loans up to Rs. Students can get up to 10 lakh for higher education. Check eligibility and complete details here Jharkhand Student Credit Card Scheme 202 Jharkhand Guruji Credit Card Scheme Jharkhand guruji card yojana
Jharkhand Student Card Scheme 2022
A new Jharkhand Student credit card scheme will be launched by the state government under CM Hemant Soren. This scheme will be based upon the West Bengal Student Credit Card Scheme, which offers easy loans up to Rs 10,000 to students who want to pursue higher education. The Higher and Technical Education Department has finalized the Jharkhand SCC Scheme. We will be discussing the eligibility, launch, features, and other important aspects of Jharkhand Student credit card scheme.
2022 Jharkhand student credit cards scheme
In his budget speech, the Finance Minister of Jharkhand announced that a new Guruji credit card scheme has been launched. The Jharkhand Guruji Credit Card Scheme is designed to help poor students get higher education at reputable colleges. These student credit cards will allow students from low-income families to borrow up to Rs 10 Lakh from banks without having to get a mortgage. All students who are financially unable to continue their higher education can now do so with no restrictions.
The Finance Minister stated, “Sir, it has been brought to the attention of the State Government by the State Government that poor students of State are being denied higher education at the best institutions because of lack of funds. The banks are also complaining about their inability to provide loans without mortgages. The state government proposes the Guruji Credit Card Scheme in order to remove any obstacles to higher education for the students of Jharkhand.
What is Jharkhand’s Student Credit Card Scheme?
Jharkhand government will provide loans without guarantee for higher educational institutions. A student credit card programs will also be launched. Chief Minister Hemant Soren announced the Jharkhand Chhatra Credit Card Scheme and Guruji Credit Card Scheme on 29 December 2021, at a function marking the end of two years of UPA government led by JMM. Students can apply for loans of up to Rs 10 Lakh under the SCC scheme in Jharkhand.
Jharkhand SCC Scheme based on West Bengal Model
The Jharkhand Student Credit Card Scheme is based on West Bengal’s model and has been inspired by the WB government headed by CM Mamata Banerjee. The Jharkhand SCC Scheme is being presented during the Budget Session of the Assembly. It will be officially approved in February-March 2022. The details of the scheme are being worked out by the Jharkhand Higher and Technical Education Department. Jharkhand Student Credit Card Scheme is designed to help tribal students who have difficulty getting an educational loan.
Jharkhand student credit cards scheme announced
CM Hemant Soren stated that the government was working to provide opportunities for higher education for other communities during the Marang Gomke Jaipal Sing Munda Pravasi Scholarship Scheme launched for tribal students in Ranchi in September 2021. According to the CM, the main reason for the majority of problems in the state is the lack of education. Our government supports students from other areas to continue their educations, in-country or abroad.
Loan amount in Jharkhand under the SCC Scheme
The Jharkhand Student Credit Card Scheme will allow students to obtain a loan up to Rs 10 Lakh for higher education with the aid of a credit card.
Eligibility Criteria For Jharkhand Student Credit Card Scheme
- To be eligible for the JSCC benefits, a student must reside in Jharkhand.
- Jharkhand Student credit card scheme will also determine the age limit.
- The student will be eligible for a flexible loan repayment term, which could potentially reach 15 years.
West Bengal Student Card Scheme – Improved Version
Jharkhand Credit Card Scheme is a credit card scheme that will improve the West Bengal Student Credit Card Scheme. It will also help students in different coaching institutes in the country to prepare for national competitive exams. This includes exams for engineering, business management, and civil services.
Students can get loans up to Rs 10 Lakh without collateral at four per cent interest. The student credit card program in Bengal was launched in June 2021. The borrower will receive a one per cent interest reduction upon the full repayment of the interest over the course of the loan. Any loan under the Jharkhand Student credit card scheme has a 15-year repayment period.
Loans for Tribal Students
The Tribal Advisory Council’s sub-committee has made plans to visit tribal-dominated countries like Odisha, Madhya Pradesh, and Chhattisgarh to examine how tribal students receive education loans. Stephen Marandi (a senior JMM leader) was the chairman of the sub-committee. He acknowledged that tribals have difficulties getting education loans because of the ban on the sale and purchase of tribal land under the CNT Acts.