New Student Offer - HELLO

Join Here

MEA & SBI Signed MoU to Enhance Digital Payment Services for Users eMigrate Portal

Published on June 18, 2024
Current context: The Ministry of External Affairs (MEA) and the State Bank of India (SBI) signed a Memorandum of Understanding (MoU) on June 15, 2024 in New Delhi, to improve digital payment options for users of the eMigrate portal.
MEA & SBI Signed MoU to Enhance Digital Payment Services for Users eMigrate Portal
  • This collaboration aims to make it easier for Indian migrant workers, recruiting agents, and anyone else who uses the eMigrate portal to pay emigration-related fees.
  • Here are the key benefits of the MoU:
    • More payment options: Users will be able to pay through SBIePay, SBI's payment gateway, which accepts UPI, credit/debit cards, and NEFT via net banking of all Indian banks.
    • No transaction charges: There will be no fees for using any of these payment methods.
    • Simpler process: This should make the process of paying emigration fees quicker and more convenient.

Question:

1 What was the primary purpose of the Memorandum of Understanding (MoU) signed between the Ministry of External Affairs (MEA) and the State Bank of India (SBI) on June 15, 2024?

  • A) To launch a new eMigrate portal
  • B) To improve digital payment options for users of the eMigrate portal
  • C) To reduce the fees for passport applications
  • D) To provide loans for Indian migrant workers
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu