The author introduced the "geometric AIC" and the "geometric MDL" as model selection criteria for geometric fitting problems. These correspond to Akaike’s "AIC" and Rissanen's "BIC", respectively, well known in the statistical estimation framework. Another criterion well known is Schwarz’ "BIC", but its counterpart for geometric fitting has been unknown. This paper introduces the corresponding criterion, which we call the "geometric BIC", and shows that it is of the same form as the geometric MDL. We present the underlying logical reasoning of Bayesian estimation.