Business

‘Bangabandhu Education Insurance’ to be run through school banking


By BSS
Published : 21 Sep 2021 12:23 AM | Updated : 21 Sep 2021 11:53 AM

The financial transactions of the 'Bangabandhu  Education Insurance' will be done through the school banking account of the  students and there will be no service charge for the transaction.

 "The implementation of the 'Bangabandhu Education Insurance' has started  with the overall cooperation of the Insurance Development and Regulatory  Authority (IDRA) showing respect to Bangabandhu Sheikh Mujibur Rahman during  the 'Mujib Year'. In this case, the Jiban Bima Corporation will act as the  insurer," as per a Bangladesh Bank (BB) circular issued on Sunday. 

The government will introduce 'Bangabandhu Education Insurance' for the  welfare of the students of the country.