Ebix and NSDL Payments Bank Cross One Crore Registrations Under MSRTC NCMC Programmes
Ebix and NSDL Payments Bank have successfully registered over one crore NCMC RuPay smartcards for the Maharashtra State Road Transport Corporation. The digital cards replace traditional paper passes, enabling faster, more efficient verification for passengers eligible for travel subsidies.
Why it matters
The project demonstrates the successful large-scale digitization of public transport subsidies in rural and urban areas, reducing administrative overhead and fraud.
Mumbai, Maharashtra, India – Business Wire India
Ebix and its distribution arm Ebix Payment Services along with the NDSL payment banks has registered more than one crore NCMC RuPay smartcards in five months — a pace of roughly 66,000 cards a day, or about 46 every minute, sustained without a break. It ranks among the fastest issuance runs recorded by a financial institution on the RuPay network in India.
What matters more than the number is who is now holding these cards.
A state transport corporation’s concessional passengers — students, senior citizens, persons with disabilities, freedom fighters and other notified categories — are travelling on National Common Mobility Cards. The cards were issued in partnership with NSDL Payments Bank and are in daily use across the Maharashtra State Road Transport Corporation (MSRTC) network.
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