Bihar govt makes Student Credit Card loans interest-free for all students, says CM Nitish Kumar
The Bihar government has announced that education loans under the Student Credit Card (SCC) scheme will now be interest-free for all students. Chief Minister Nitish Kumar also revealed an extension in the repayment period, from five to seven years for loans up to Rs 2 lakh, and up to ten years for larger loans. The move aims to ease financial stress and promote higher education access across the state.
The Bihar government has announced that education loans under the Student Credit Card (SCC) scheme will now be interest-free for all students. Chief Minister Nitish Kumar also revealed an extension in the repayment period, from five to seven years for loans up to Rs 2 lakh, and up to ten years for larger loans. The move aims to ease financial stress and promote higher education access across the state.
