<div align="justify">Students of Bangalore University (BU) and its affiliated colleges will no longer have to queue up on the Jnanabharathi campus to submit challans as the university on Saturday launched a software for online payment of fees. <br /><br />As of now, all fees, except examination fee, convocation fee and affiliation fee, can be paid using the system. The university’s finance officer has promised that within 10 days, online payment of the remaining fees will also be facilitated. <br /><br />The software has been developed by InHawk IT solutions Pvt Ltd with State Bank of India (SBI) and Axis Bank payment gateways. <br /><br />To pay the fees online, students should visit buofc.inhawk.com and log in. The system is integrated with the student database and will automatically display the student’s fee details and the amount to be paid. Payment can be made with debit/credit cards and internet banking. Offline payments can be made at the branches of SBI and Axis Bank using the challans generated online. The present method of fee collection through demand draft (DD) will continue for the next three months to allow for a smooth transition. Affiliated colleges will be provided training on the use of software to make the payments. <br /><br />A fee of Rs 13 will be collected by the service provider for each transaction. According to university officials, the online payment will be beneficial to students and colleges as the DD charges are higher. “For a transaction of Rs 10 lakh, colleges incur demand draft charges of up to Rs 2,000. With the software, they will be charged just Rs 13 even if they are transferring the fees collected from 1,500 students,” a university official said. <br /></div>
<div align="justify">Students of Bangalore University (BU) and its affiliated colleges will no longer have to queue up on the Jnanabharathi campus to submit challans as the university on Saturday launched a software for online payment of fees. <br /><br />As of now, all fees, except examination fee, convocation fee and affiliation fee, can be paid using the system. The university’s finance officer has promised that within 10 days, online payment of the remaining fees will also be facilitated. <br /><br />The software has been developed by InHawk IT solutions Pvt Ltd with State Bank of India (SBI) and Axis Bank payment gateways. <br /><br />To pay the fees online, students should visit buofc.inhawk.com and log in. The system is integrated with the student database and will automatically display the student’s fee details and the amount to be paid. Payment can be made with debit/credit cards and internet banking. Offline payments can be made at the branches of SBI and Axis Bank using the challans generated online. The present method of fee collection through demand draft (DD) will continue for the next three months to allow for a smooth transition. Affiliated colleges will be provided training on the use of software to make the payments. <br /><br />A fee of Rs 13 will be collected by the service provider for each transaction. According to university officials, the online payment will be beneficial to students and colleges as the DD charges are higher. “For a transaction of Rs 10 lakh, colleges incur demand draft charges of up to Rs 2,000. With the software, they will be charged just Rs 13 even if they are transferring the fees collected from 1,500 students,” a university official said. <br /></div>
