The company, which has developed its first education ERP product suite SmartCampus, has launched the co-branded RFID campus card to facilitate students with their financial transactions.
Briefing reporters, Corporation Bank General Manager (Marketing & IT) B R Bhat said that the card, offers facilities like money transfers that are free of cost, mobile recharge facility at ATMs and enables students to avail Rs 10 lakh education loan for study within the country and Rs 20 lakh for overseas education. Idenizen CEO and Managing Director Girish Baliga said the card comes with a subscription fee of Rs 700 to Rs 1,000 per student.
The company has set a target of enrolling around one million Smart Campus Visa card holders in less than three years.