Kolkata: The West Bengal Cabinet on Thursday approved the student credit card scheme promised by the Trinamool Congress in its election manifesto. Chief Minister Mamata Banerjee informed about the decision of the Cabinet. With credit card assistance, students can get soft loans up to Rs 10 lakh for higher studies.
“The student credit card scheme has been approved by the cabinet.
The benefit of the project can be taken up to 40 years of age
CM said 40-year-old students were eligible for the project. Now, no one has to leave home for schooling and the parents of the students said no worries. The state government guarantees loans up to Rs 10 lakh. He said the state government is standing with the students.
You have 15 years to repay the loan
Students will be able to repay this loan after securing employment. “After getting a job, a student is given fifteen years to repay the loan,” the chief minister said. The process of taking out this loan has also been made easier. Students can apply online for a credit card. Let us say that the Trinamool Congress had promised such a plan in its manifesto during the Assembly elections in West Bengal and it is now being implemented.
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