Bihar to Open Bank Accounts for All Government School Children

The Bihar Education Department has issued formal instructions to all district administrations to establish bank accounts for children studying in government-run schools across the state. The directive aims to provide financial inclusion to the student population and facilitate digital transactions, with authorities setting December 31, 2026 as the target date for universal account opening.

The initiative represents part of broader efforts to promote banking habits among school-age children and ensure their access to formal financial systems. By mandating account opening at the district level, the state government seeks to streamline the process and ensure consistent implementation across all educational institutions.

District education officials have been tasked with coordinating with local banks to facilitate the account-opening process for eligible students. The move aligns with national financial inclusion goals and aims to establish banking relationships early in students' lives, potentially laying groundwork for future financial literacy and savings practices.

The deadline of nearly two years provides schools and banking partners adequate time to process applications and complete account activation for the student population. Implementation details regarding account types, minimum deposits, and operational procedures are expected to be communicated to schools and parents through official channels.