Technical, madrasa students to receive stipends thru Nagad

FE Team | Published: June 18, 2022 22:22:13

The Department of Technical and Madrasa Education, Nagad Limited and Bangladesh Postal Department have recently signed an agreement whereby technical and madrasa students will be able to receive their stipends through Nagad, says a press release.
The primary objective of the initiative is to disburse the stipend among the students in a timely and transparent manner through Nagad.
Md Moniruzzaman, Additional Secretary, Md Akhtaruzzaman, Senior Assistant Secretary, Sabina Yasmin of Technical and Madrasa Education Division and Md Shafayet Alam, Executive Director of Nagad Limited, attended the signing ceremony.
Technical and madrasa students will not require to incur any additional cost while withdrawing stipends through Nagad. They can visit any Nagad 'Uddokta' point and conveniently withdraw their stipend money without charge.
Regarding the agreement, Md. Shafayet Alam, Executive Director of Nagad Limited, said, "Nagad has been successfully disbursing allowances and stipends with transparency in association with government's various types of financial inclusion efforts. In continuation of this, Nagad is now involved in the disbursement of stipends to Technical and Madrasa students. We believe that receiving stipends through Nagad will not only benefit the students but also accelerate the government's efforts to create a 'cashless society'. Nagad will continue supporting endeavors to develop a digital Bangladesh."