The Government of West Bengal has always been working very hard for the youth and small entrepreneurs. Recently government has announced a new welfare scheme, which is named as “Bhabishyat Credit Card Scheme”. This scheme started with a primary objective to provide and help young people with small businesses who have a good idea but no money to implement it. With the help of the Bhabishyat Credit Card Scheme, the West Bengal government aims to provide them with financial independence and confidence to start their own business.
If I have to explain this scheme and simple words, then, Bhabishyat Credit Card Scheme in West Bengal is a helping hand from the government that gives you small loans to the Eligible Candidates without asking for any security or guarantee. If you any eligible and want to apply for this scheme, you need to check all eligibility requirements, important documents, benefits and how to apply.
What is Bhabishyat Credit Card Scheme West Bengal
The department of MSME and textile, government of West Bengal in April 2023 announced Bhabishyat Credit Card Scheme. And primary objective to provide financial support up to 5 lakh rupees to individual who want to start a new business or expand existing one. Under this a scheme west bengal government act as a guarantor for the borrower. This mean you do not have to provide any collateral like land, gold or property papers to get the loan. This loan is a supported by State Government and partner banks.
This scheme is especially designed for youth, self employed individuals, small traders, service providers, artisans, etc. It is also open for transport and construction workers making it one of most inclusive scheme in state.
Primary Objective:
- The primary objective of this scheme used to promote self employment and reduce job dependency.
- Also encourage small scale businesses and entrepreneurship.
- Provide support rural and urban youth with easy access to loan.
- Also helpful to improve overall economic growth of West Bengal.
Highlights:
| Scheme | Bhabishyat Credit Card Scheme |
| Launched by | Government of West Bengal |
| Department | department of MSME and textile, government of West Bengal |
| Primary objective | designed for youth, self employed individuals, small traders, service providers, artisans, etc |
| Benefits | encourage small scale businesses and entrepreneurship with easy access to loan |
| Mode of application | Online |
| Official website | Click here |
Important benefits of Bhabishyat Credit Card Scheme
- Eligible applicant will get maximum loan amount of 5 lakh rupees.
- Candidate will get term loan or working capital as per project.
- There is no requirement of security or guarantor needed.
- Repayment in up to 7 years including a moratorium period
- State government pays up to 10% of project cost maximum 25000.
Who is eligible?
There are some eligibility requirements that you need to check.
- Applicant must be citizen of India and resident of West Bengal for at least 10 years.
- Age of the applicant should be between 18 to 45 years.
- Candidate should a business idea or plan for starting or expanding a project.
- Only one member per family are eligible.
- Applicant must not be defaulter in any bank or financial institution.
Important Documents
- Aadhar card
- PAN card
- Address proof
- Passport size photograph
- Domicile certificate
- Project report
- Bank Passbook
How to apply online for Bhabishyat Credit Card Scheme West Bengal
There are some simple steps that you need to follow an order to submit your application form:
Online Application:
- Applicant need to visit the official website i.e. bccs.wb.gov.in
- On the homepage click on apply online option.
- Then you need to complete your registration as a new user.
- Provide all the required details.
- Login by using mobile number and password.
- Then you need to provide all the details in application form with personal and business.
- Uploads can documents.
- Submit the form and not on the application number for future reference.
Offline Process:
Applicant do not have internet access can apply through offline mode:
- District MSME Office
- Duare Sarkar Camps
Official will help you to get application form and forward it to the concern bank for processing.
How to check Bhabishyat Credit Card status
Follow the below mentioned steps:
- Go to the official website.
- On the homepage you need to login with the help of user id and password.
- Then you need to submit application ID number.
- Now your application status will be available.
Bhabishyat Credit Card Scheme 2025 latest updates
In 2025, Bhabishyat Credit Card scheme applications are invited across west Bengal. Thousands of youth have already applied through online portal and many have received approval and loan disbursement.
In this scheme more attractive government has also introduced Bhabishyat Credit interest subsidy scheme. Under this both new and existing borrowers do not turned into defaulters can get additional interest subsidy benefit from the government. According to the recent reports, this is game AIIMS to benefit around 2 lakh youth per year covering all the districts of West Bengal. And primary focus area is small manufacturing units, local services, food businesses, handicrafts, and transportation sectors.
Important Links:
| Official Website | Click Here |
| Homepage | https://tnhelp.co.in |