Magadh Institute of Technology

Mandatory Statutory Advisory & Disclosure

Bihar Student Credit Card (BSCC) Scheme: Clarification as an Education Loan

Notice for all students, parents, and guardians: The Bihar Student Credit Card (BSCC) scheme, administered by the Bihar State Education Finance Corporation (BSEFC) under the Department of Education / Planning & Development, Govt. of Bihar, through District Registration and Counselling Centres (DRCC), is an EDUCATION LOAN SCHEME and NOT a scholarship, fee waiver, or free financial grant.

Education Loan Scheme

Funds provided under BSCC represent a repayable education loan sanctioned directly by the Govt. of Bihar (BSEFC) to facilitate higher polytechnic/technical studies.

Mandatory Repayment

The student is legally obligated to repay the loan amount as per Govt. repayment rules and EMI schedules following the course completion and statutory moratorium period.

Simple Interest Rates

Concessional interest rate of 1% simple interest applies for female, Divyang, and transgender beneficiaries; 4% simple interest applies for male students under Govt. rules.

College Facilitation Role

Magadh Institute of Technology solely issues Bonafide Certificates & Fee Estimate Breakups without any intermediary charges. Approvals are strictly governed by BSEFC/DRCC.

Important Academic News, Events & Deadlines

All students and faculty members are advised to adhere to the following key academic milestones and notification schedules:

SBTE Semester Exam Form: Regular & Carryover form fill-up active
DRCC Bonafide Window: Counter 2 open daily 10:00 AM - 4:00 PM
Sessional / Pre-Board: Continuous internal evaluation timeline announced
Placement Pre-registration: Final year engineering batches open
SI.No Date Category Notification Title & Summary Action / Document
1 14-09-2026 BSCC Loan Notice Statutory Advisory: Bihar Student Credit Card (BSCC) is an Education Loan Scheme Important directive reiterating that BSCC is an education loan sanctioned by BSEFC/DRCC which must be repaid by students per government terms. Not a scholarship or grant. View Advisory
2 10-09-2026 BSCC Services Issuance of Bonafide Certificate & Official Fee Structure for BSCC Fresh & Renewal Applications Students seeking education loan verification for Bihar Student Credit Card may collect signed Bonafide certificates and itemized fee estimates from Admin Counter 2. Apply Desk
3 01-09-2026 BSCC Loan Subsequent Payment Request & Installment Clearance for Continuing BSCC Students Procedure for submitting subsequent semester demand letters to DRCC for timely disbursement of 2nd, 3rd, 4th, 5th, and 6th semester fee installments. Download PDF
4 25-08-2026 SBTE Examination Notice Exam Form Fill Up Odd/Even Semester Diploma Examinations Submission schedule for online SBTE exam application forms, verification fee, and admit card release guidelines. Download PDF
5 18-08-2026 Placement Drive Mega Campus Placement Drive & Recruitment Schedule Detailed schedule of visiting multinational engineering firms, manufacturing conglomerates, eligibility criteria, and interview dates. Download PDF
6 10-08-2026 Examination Pre-Board & Mid-Semester Sessional Examination Schedule (Revised) Internal continuous assessment test dates for 1st, 2nd, 3rd, 4th, 5th, and 6th semester engineering students. Download PDF
7 02-08-2026 Academic Notice General College Notice: Attendance Norms (75% Minimum) & Academic Discipline Mandatory requirement of 75% attendance for appearing in SBTE board examinations and campus placement interviews. Download PDF
8 20-07-2026 SBTE Examination Exam Form Fill Notice (1st, 2nd, 3rd & 5th Semester) Instructions for filling online application forms and verification of roll numbers. Download PDF
9 15-06-2026 Transport & Facilities Notice Regarding College Bus Routes & Transportation Timings Updated pickup/drop routes covering Chandi, Harnaut, Bihar Sharif, Fatuha, Bakhtiyarpur, and Patna suburbs. Download PDF
10 28-05-2026 Co-Curricular Annual Sports Meet & Technical Fest Notice Inter-branch competitions in cricket, football, volleyball, chess, badminton, and coding challenges. Download PDF
11 12-05-2026 Sessional Exam Notice Mid Sem Exam 3rd Semester Detailed branch-wise examination schedule for all 3rd semester subjects. Download PDF
12 12-05-2026 Sessional Exam Notice Mid Sem Exam 5th Semester Detailed branch-wise examination schedule for all 5th semester subjects. Download PDF
13 Archived SBTE Examination Examination Form Notification For EVEN/ODD Sem Archive notice for diploma semester examination guidelines and fee structures. Download PDF
14 Archived Academic Notice Notification for Commencement of EVEN Semester Classes Academic instructions regarding faculty allocation and laboratory rotations. Download PDF
15 Archived Academic Notice Notification for Commencement of Odd Semester Commencement notice for theory sessions, workshop practices, and lab assignments. Download PDF
16 Archived Academic Notice Notification For End Of Session Official notification regarding semester wrap-up, internal evaluation, and vacations. Download PDF
17 Archived SBTE Notice SBTE Official Notice Circular State Board of Technical Education examination directives. Download PDF
18 Archived Viva-Voce Terminal Viva-Voce Examination Notice External examiner evaluation schedule for final year technical projects. View Notice
19 Archived Awareness Event Observing Anti Terrorism Day Campus pledge and awareness observance notice. Download PDF
×