Kota. Now and in need of cash or demand draft. Just an SMS will be collected from students in college and coaching fees. Affiliated to Rajasthan Technical University, 102 college students are more likely to get this feature soon. The students will Khulana an account with Union Bank of India.

Reserve Bank of India under the bank's cash management policy to equip the University to start the feature presentation was power in the last days. Mutual agreement between the university and the bank's management. Management says that the University has made available the data in January, the feature that will start from February.

Students will open a new account: the facility for students at Union Bank of India will open accounts at zero balance. The bank will open accounts in their own college.

The students will open the account, the bank will connect to the mobile U mobile server. With the PIN number will be allotted. This feature will introduce students to the mobile. Then they want to collect the fee, the fee will be credited to a SMS. The information will also collect fees on mobile via SMS.

"Technical University and is currently in final negotiations between management of Union Bank. University students from the data as they will have it in the first week of February."

DK Gupta, Chief Manager, Union Bank of India

How will the facility

Bank of colleges provide wireless swipe machine. With students to keep up with ATM cum debit card. It will work the same PIN number, which will be use on ATM. Students have to pay for the place where he will be able to easily.

What's the

- Fees for any payment or demand draft will not make.

- DD will save time to build.

- Mobile lost will not transfer amounts from the account without the PIN number.

- Not worth the risk of transfer to the wrong account.

- Students will not be at all times keep the purse.