Guruji Credit Card for Poor Students for Higher Studies

With an objective of providing financial assistance to the economically poor students to pursue higher education, Guruji Student Credit Card scheme has been launched from the financial year 2023-2024.


  • Using this credit card, poor students can get enrolled in graduation course of his/her choice. This includes courses in Engineering, Medicines, Legal, Indian Institute of Technology, Indian Institute of Management.
  • Loan of up to 15 lakhs will be provided from the banks.
  • The repayment period will be up to 15 years
  • The annual interest rate is 4%
  • This loan will be collateral free
  • There is an option for a one-year moratorium to repay the loan after completing the course.
  • Institutional expenses such as course fees, hostel charges can be covered using the loan amount


  • Applicant student should have passed 10th and 12th grades
  • Loan will be provided to over 2000 meritorious students


Hi, I am Nikesh Mehta, owner and writer of this site. I’m an analytics professional and also love writing on finance and related industry. I’ve done online course in Financial Markets and Investment Strategy from Indian School of Business. I can be reached at [email protected].

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