Excelsior Correspondent
JAMMU, Jan 29: A Memorandum of Understanding (MoU) was inked between J&K Bank and Government College for Women (GCW) Parade to facilitate a multi functional Co branded Campus Card for the students of the college.
The chip based co-branded card will operate both as a debit card and a smart card. Such cards are being used globally in educational institutions for a serving a number of purposes like identity card, debit card, integrated access and attendance card.
The MoU was signed by J&K Bank, President CBO, Maqbool Lone and Principal GCW Dr Hemla Aggrawal in the presence of Prof Manoj K Dhar Vice-Chancellor University of Jammu. Also present on the function were J&K Bank Vice President and Zonal Head Sudhir Gupta along with faculty members and administrative team of GCW and other senior officials of the bank.
On the occasion, Principal GCW Parade Dr Hemla Aggrawal presented the welcome address.
While unveiling the customized Campus Card, Vice-Chancellor Jammu University Prof Manoj K Dhar said, “It is a moment of pride that GCW which has been providing quality education and producing responsible citizens has taken an appreciable leap towards technology by entering into this MoU with J&K Bank. It will not only provide banking services to the staff and GCW students on their finger tips but also provide the students with Smart Cards that will act as ATM card as well as Photo ID card, enabling RFID attendance and access in the campus”.
Speaking on the occasion, Maqbool Lone said, “I feel exalted that the two institutions have entered into a MoU to issue co branded cards to the students of GCW. The students simply need to open an account with the bank, and the Campus card will be provided free of cost. This card will also be compatible with the software applications used by the college, and will provide digital access of library to the students.”
Participants including staff and students of GCW were also informed about other schemes through a business promotion kiosk set up at the venue. On spot loans were also sanctioned to staff of GCW.
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