ATL Bank Account and IDs

Question – Does the school need to have a separate account for ATL?

Answer – Yes, the school needs to have a separate bank account for the ATL. The Bank Account should be in the school’s name in a nationalized bank or any bank having CBS (Core Banking Solution) facility. The school can maintain its existing account only if the account is in the school’s name. If the school doesn’t have a bank account in its name then it needs to open a bank account in the name of <Your School name> with State Bank of India or with a nationalized bank or with a bank having CBS (Core Banking Solution) facility.

Question – Can the schools change their Bank Account Details?

Answer – No, the school cannot change its bank account details once the grant has been sanctioned. However, in case of an emergency, the school can send a formal mail to atlhelp-niti@nic.in explaining the situation.