Bihar Govt Offers Loan Relief: Interest Waived, Affidavit Mandatory for Students

• Bihar Student Credit Card Scheme beneficiaries facing repayment issues get relief.
• Students unable to repay must submit an affidavit twice yearly at the DRCC office.
• Affidavit process involves downloading from portal, notarizing on a ₹100 stamp, uploading, and submitting original.
• This grants a six-month relief; process repeats if unemployment persists.
• Crucially, the government has waived interest for previous education loan recipients; only the principal amount needs repayment.

Why It Matters: Bihar waives education loan interest, mandates affidavit for repayment relief.