CBSE Schools’ fee collection process to go cashless

Prime Minister’s demonetization move and appeal to go cashless has resulted in a topsy-turvy situation in the country. While some are deeply condemning the move, others are actively supporting it. Recently, the Central Board of Secondary Education announced that all the Schools under CBSE will go cashless in their transactions from January 2017.

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“With a view to reduce cash transactions at school, all CBSE affiliated schools shall introduce fee collection from students only online or through non-cash mode from the next quarter commencing from January 2017 onwards,” Joseph Emmanuel wrote in his letter. The board has also urged the teachers to talk to parents regarding the same to avoid any confusions. The circular also informed that along with the collection of School fees, salary distribution and other transactions will also be done in non-cash mode in 18000 Schools affiliated to CBSE.

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