Guruji Student Credit Card (GSCC) Scheme
About This Scheme
The Guruji Student Credit Card (GSCC) Scheme was launched by the Department of Higher and Technical Education, Government of Jharkhand. The scheme aims to provide financial support to students pursue higher education without financial constraints. Under this scheme, eligible students can avail education loans up to ₹15 lakhs at a subsidized 4% simple interest rate, with additional benefits for female students.
Eligibility
1. The applicant should be a student. 1. The student should be an Indian national. 1. The student should have completed class 10th to pursue a diploma and class 10th and 12th to pursue undergraduate or higher courses from a recognized school in Jharkhand. 1. The student should have secured admission in institutions like IITs, IIMs, IIESTs, ISIs, NLUs, AIIMSs, NITs, XLRI, IISCs, BITS, SPA, NID, IIFTs, ICFAI Business School etc within and outside of the state (within India) which are ranked up to 200 in the overall list or ranked up to 100 in their respective individual category of NIRF Rankings or have been accredited grade either “A" or above by NAAC. 1. The student should not be aged more than 40 (forty) years at the time of application for loan. 1. The student should not be a prior beneficiary of the scheme. 1. The student should not have availed education loan from any State Co-operative Banks, Central Co-operative Banks, District Central Co-operative Banks, or any Public or Private sector Banks for the course in which he/she is applying for a loan under the Scheme.
Benefits
1. Education loans up to ₹15,00,000/- at a subsidized 4% interest rate. 1. Long Repayment Term: Maximum repayment tenure of up to 15 years. 1. No Processing Fees: No additional fees for loan processing, sanctioning, or disbursement.
How to Apply
Where This Comes From
This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.