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Bihar: Nitish Kumar announces interest-free loans for students

Bihar CM Nitish Kumar announced a major relief for students under the Bihar Student Credit Card Scheme (BSCCS). Loans up to Rs 4 lakh will now be completely interest-free for all categories, with extended repayment periods of up to 10 years.

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Nitish Kumar. Image/ File pic

Nitish Kumar. Image/ File pic

With just a few days to go for the much-anticipated Bihar elections, the Bihar CM Nitish Kumar has come up with another new scheme. CM Nitish Kumar on Tuesday announced a major relief for students seeking higher education. 

As reported by the news agency IANS, loans taken under the Bihar Student Credit Card Scheme (BSCCS) by the students of Bihar will be completely interest-free for all applicants. 

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