Bombay Mercantile Co-Operative Bank Limited
Maulana Azad Education Foundation (MAEF-Ministry of Minority Affairs, Govt. of India)
MAEF has collaborated with Bombay Mercantile Co-operative Bank Ltd. to disburse scholarship to minority section female students for study. At present the process works in Online and Offline mode for registration in automated and manual mode for processing scholarships & transfer to selected eligible candidates. Now under Digital India initiative, MAEF has upgraded scholarship registration process to online mode only and also back office processes to perform automated operations possible without impacting current work load. MAEF also intends to add-on pre-authorization request for student scholarship second installment to the current system.
Till date Bombay Mercantile Co-operative Bank Ltd. has credited `18,67,68,000 in 31,128 female student’s account.