Under Bihar Student Credit Card Yojana how much educational loan is given to the students who have passed class 12th examination?

The correct answer is: A. Rs. 2 lakh

The Bihar Student Credit Card Yojana (BSCCY) is a scheme launched by the Government of Bihar to provide financial assistance to students for pursuing higher education. Under the scheme, students who have passed class 12th examination are eligible for a loan of up to Rs. 2 lakh. The loan can be used to meet the expenses of tuition fees, hostel fees, books and other study materials. The interest rate on the loan is 6% per annum and the repayment period is 10 years.

The scheme is open to all students who are residents of Bihar and who have passed class 12th examination from a recognized

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