CBSE Schools will become Cashless from Jan 2017| CBSE Announced Cashless Fee

CBSE Schools will become Cashless from Jan 2017

CBSE Schools will become Cashless from Jan 2017CBSE has made an announcement regarding cashless transactions from the coming year. Yah this is true!! CBSE Schools will become Cashless from Jan 2017. After finding that the children are not able to pay up their fees, CBSE announced cashless fee. This implies, from January 1st onwards, all CBSE-affiliated schools will be collecting fee using cashless mode. This has given relief to parents who are facing trouble in standing in long queues to get cash from bank and submitting the fees in the school bank account.

Board secretary – Joseph Emmanuel’s letter to CBSE principles states the benefits of digitalized money a glance of which, is provided below. ‘CBSE Announced Cashless Fee’, we can now say that the schools are also taking initiatives to get rid of consequences attached to demonization of 500 and 1000 Rs. notes. CBSE Schools will become Cashless from Jan 2017 and this is clearly mentioned in the letter.

CBSE Schools will become Cashless from Jan 2017

“The benefits of cashless transactions are enormous and the CBSE has introduced e-payment facilities for collection of fee for examination, affiliation and various activities including payments to its examination functionaries. The board has also been directing its affiliated schools to disburse salary to staff through bank transfers.”

Read Here: How To Use Paytm Wallet For Money Transfer

 

CBSE Announced Cashless Fee

  • From 1st January, 2017- All CBSE-affiliated schools will start collecting fee via cashless modes
  • Board secretary Joseph Emmanuel’s letter to principals has marked this announcement.
  • From this very moment, most of the schools offer non-cash modes for fee payment.

Check Here: How To Create Paytm Account & Wallet

 

As per the letter of Joseph Emmanuel (board secretary) to principals  

“Schools should also make all payments for availing various services, procurements, wages to contractual workers and other transactions via non-cash modes. Schools may interact with the parents during the Parents-Teachers Association meetings to spread awareness about the benefits of non-cash transactions.”

“With a view to reduce cash transactions at schools, all CBSE-affiliated schools shall introduce online fee collection or through non-cash mode from the next quarter commencing from January 2017.”

Do You Know This: Best Mobile Payment Apps

 

“The benefits of cashless transactions are enormous and the CBSE has introduced e-payment facilities for collection of fee for examination, affiliation and various activities including payments to its examination functionaries. The board has also been directing its affiliated schools to disburse salary to staff through bank transfers.”

Hope you get to know much about CBSE Schools will become Cashless from Jan 2017, from the above given info. For more updates, stay connected with us at coolexample.in

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