The Ministry of Education has asked 50 educational institutions and 462 students to update incorrect banking and mobile account details to ensure timely disbursement of government financial grants for FY 2024–25. A letter from the ministry, signed on 30 July, mentions that the final list of 7,100 grant beneficiaries was published on 17 June. However, many recipients could not receive funds due to incorrect bank details or missing KYC information on mobile numbers. All updates must be submitted by 7 August 2025.
The Ministry of Education has officially requested updated banking and mobile account information from 50 educational institutions and 462 students, after it was found that discrepancies in the provided details prevented successful disbursement of financial grants under the FY 2024–25 special allocation.
The directive was issued in a letter signed by Liyuza-ul-Jannah, Deputy Secretary of the Secondary and Higher Education Division. The letter stated that in the context of distributing grants to selected educational institutions, teachers, staff, and students for the fiscal year 2023–24, the final list of beneficiaries under the special grant allocation for FY 2024–25 was published on the division’s website on 17 June 2025.
Beneficiary Breakdown of the Grant:
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Educational Institutions: 101
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Teachers and Staff: 250
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Students (Total: 7,100):
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2,450 students of classes VI–VIII
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1,597 students of classes IX–X
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1,428 students of classes XI–XII
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1,274 students at undergraduate and equivalent levels
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Issues Identified in Fund Disbursement:
According to information provided by Nagad Limited (digital financial service of the Bangladesh Post Office) on 20 July 2024:
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50 out of 101 institutions had incorrect banking information, including invalid routing and account numbers.
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Due to these errors, the grant funds could not be transferred to the designated bank accounts.
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Additionally, out of 6,999 beneficiaries in the teacher, staff, and student categories, 462 individuals failed to receive grants due to incomplete KYC (Know Your Customer) data linked to their Nagad mobile numbers.
Instructions for Correction:
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For Teachers/Staff/Students (Mobile KYC Issue):
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All who have not received grants via Nagad must update their mobile numbers with KYC information by 7 August 2025.
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For Institutions (Banking Details Issue):
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Institutions that failed to receive the grant must submit:
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Correct bank account title
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Bank and branch name
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Routing number
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Account number
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All details must be verified by the Head of Institution and countersigned by the Chairman of the management committee/governing body.
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Submission:
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All corrections must be sent via email to: moebudgetsection@gmail.com
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Deadline: 7 August 2025
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Source: TBS
