NIFT Signs MoU with HDFC Bank for Advanced Banking Services and Facilities

Srinagar- The National Institute of Fashion Technology (NIFT), Srinagar has signed a Memorandum of Understanding with HDFC Bank to avail modern banking facilities and services for the students and staff of the institute at Ompora Budgam.

As per the MoU, HDFC Bank has offered to provide all infrastructural facilities and technologically advanced banking services to the institute.

As per the agreement, NIFT will allocate the premises to HDFC Bank on its campus for setting up a branch/SBL with the latest machines, ATMs and kiosks.

HDFC Bank will also design a bespoke payment gateway to NIFT Srinagar for collecting online payments. NIFT students have also been offered many special packages for account opening and hassle-free education loan facility.

While signing the MoU, Mr. Iftikhar Ahmad, Circle Head, HDFC, said that the bank will leverage all technologically advanced services for NIFT students and staff. He said the bank/SBL branch at the NIFT campus will be equipped with self-service machines.

On the occasion, Dr. Javid Ahmad Wani, Director of NIFT Srinagar, said that this MoU is another step forward in providing all available services to students within the campus. He said we appreciate partners like HDFC Bank for providing students with an ideal campus atmosphere.

For the purpose of implementing the agreement, HDFC Bank has appointed Mrs. Neelam Manzoor, Branch Manager Nowgam, as the Nodal Agent or Single Point of Contact for NIFT Srinagar.

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