West Bengal Bhabishyat Credit Card Scheme 2026: ₹5 Lakh Loan, ₹25,000 Subsidy & How to Apply

At a glance

About the scheme

Launched by the Micro, Small & Medium Enterprises and Textiles Department of the Government of West Bengal, the West Bengal Bhabishyat Credit Card Scheme (WBBCCS) delivers institutional credit to aspiring entrepreneurs. The initiative covers manufacturing, service, trading, and agro-allied activities in both rural and urban areas. Borrowers benefit from a state margin money subsidy of up to ₹25,000, an annual interest rate subsidised down to 4%, and a full 100% credit guarantee provided jointly by CGTMSE and the State Government, removing the burden of providing collateral.

Benefits

• Loan assistance for new or existing projects with total costs up to ₹5,00,000.
• Margin money subsidy provided by the state government at 10% of project cost, capped at ₹25,000.
• Bank loan covering the balance project cost at an interest rate subsidised to 4% per annum.
• Full 100% credit guarantee coverage split between CGTMSE (up to 85%) and the Government of West Bengal (up to 15%).
• No collateral security, third-party guarantee, or personal guarantee required by lending banks.

Who can apply (eligibility)

• Applicant must be an Indian citizen residing in West Bengal for at least 10 years.
• Must be aged between 18 and 55 years at the time of application.
• Covers general individuals as well as Motor Transport Workers and Building and Other Construction Workers.
• Applies to micro enterprises in manufacturing, services, business/trading, and farm sectors.
• Limited to one individual per family, defined strictly as self and spouse.

Who cannot apply

• Central Government, State Government, and Government Undertaking employees and their family members are ineligible.
• More than one applicant from the same family (self and spouse) cannot apply.
• Additional subsidy cannot be claimed for enhancing the credit limit of the same project within 2 years.

Documents required

• Aadhaar Card
• Proof of Photo Identity
• Proof of Residence (showing 10 years of residency)
• Proof of Age
• Detailed Project Report (DPR)
• PAN Card
• Trade Registration Certificate or Certificate of Enlistment (Trade Licence)
• UDYAM Registration Certificate

How to apply

1. 1Visit the official Bhabishyat Credit Card portal and register as a new user using your name, mobile number, and email address.
2. 2Verify your mobile number and email ID by entering the OTP received to activate your login credentials.
3. 3Log in to the portal and click on the 'Click here to Fill Up the Form' link to open the online application.
4. 4Enter personal details, project information, and bank preferences into the form.
5. 5Upload scanned copies of all required documents, including your DPR and trade licence.
6. 6Submit the application by clicking 'Apply Now' and keep a copy of the acknowledgement for tracking.
7. 7Alternatively, collect and submit physical application forms at your local BDO office (rural), SDO office (municipal), or DIC/KMC office (corporation areas).

Frequently asked questions