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:
National News Mahesh Dixit Appointed New Intelligence Bureau Director The Government of India has appointed…
The Indian Air Force (IAF) strengthened the long range precision strike by getting around 40…
Indian schools have achieved the milestone as total 7 Indian schools secured places in Top…
India achieved the milestone as it commissioned the world’s first hydrogen production facility, which is…
Honorable Japanese Prime Minister Sanae Takaichi is scheduled to visit New Delhi from 1st to…
The India-Seychelles defense partnership has been emerged as the key pillar of maritime security in…