Karnataka government has partnered with the National Payments Corporation of India (NPCI) & State Bank of India (SBI) to enable and implement the ‘e-RUPI’ payment solution to students under its scholarship programme. For redeeming e-RUPI, the identified institutes will scan the QR code or SMS string displayed by the students using an application. The e-RUPI is a cashless and contactless payment solution provided by NPCI and It will be used to ensure leak-proof delivery transactions.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Benefits the e-RUPI:
Digital payment platform e-RUPI will be used to ensure “leak-proof” payment of education fees for students eligible under the scholarship programmes of the Karnataka government. As a part of this process, the Karnataka government will get e-vouchers delivered to the mobiles of eligible students. The voucher code can be received on a feature phone as well. The students will be able to redeem e-RUPI at the identified colleges or institutes for the intended purpose of fees payment.
Important takeaways for all competitive exams:
Did you know that some rivers in the world are given special titles because of…
Did you know that India is home to many mighty rivers that support millions of…
Bollywood superstar Shah Rukh Khan has make his debut in the Hurun Global Rich List…
India has dispatched 1,000 metric tons of rice to Malawi as humanitarian assistance. This decision…
Did you know that one special place in the world is famous for its deep…
India has emerged as the world’s second largest arms importer during the period 2021-2025. This…