Prime Minister Narendra Modi Inaugurates the RuPay National Common Mobility Card (NCMC) for Bangalore Metro with RBL Bank as Issuing Bank

Bengaluru, March 26, 2023: RBL Bank, one in every of India’s main non-public sector banks in affiliation with Bangalore Metro Rail Corporation Ltd (BMRCL), immediately collectively introduced the launch of the RuPay National Common Mobility Card (NCMC). This distinctive Prepaid Transit Cum Multipurpose Card is in line with the Government of India’s ‘One Nation One Card’ initiative. It is interoperable throughout India with worth addition of ecommerce transactions and is a step in direction of remodeling and unifying the transit ecosystem in the nation.

RBL Bank issued RuPay NCMC will assist develop the Bengaluru Metro person base, whereas benefiting the present 6 lakh+ metro travellers, who frequent the Namma Metro stations the place the Namma Metro Closed-Loop card is at present operational and presents higher benefitsfor journey and e-commerce transactions. The NCMC card will even allow inter-operability for journey on different operational public transit methods in the nation.

The playing cards will likely be issued at the metro stations and RBL Bank branches in Bengaluru. NCMC’s saved worth steadiness might be up to date at Ticket Office (or) Card Top-up Terminals (CTT) situated in Metro stations. RBL Bank will even present POS machines at stations for accepting and loading playing cards, with recharging facility out there on RBL Bank’s MoBank App as nicely.

Apart from journey, the card can be utilized for gasoline funds, purchasing, eating, parking, toll cost and so on. It will also be used for offline contactless transactions for low worth funds. Users will even get entry to over 200 presents throughout numerous classes of spends.

R Subramaniakumar, MD & CEO, RBL Bank mentioned, “We are completely satisfied to companion with BMRCL in direction of launching this distinctive National Common Mobility Card. Together, we’ve got created a seamless and handy system that may enable commuters to have a hassle-free cost expertise for journey and different transactions throughout retail, purchasing, eating and so on. We consider that this modern answer is not going to solely improve the general commuting expertise however will even contribute in direction of driving digital funds.”

Anjum Parwez, IAS, Managing Director – BMRCL, Bangalore Metro Rail Corporation Limited, “We are completely satisfied to announce the launch of the National Common Mobility Card in affiliation with RBL Bank. We really feel this card will additional present ease of journey whereas individuals commute on Bengaluru Metro. This initiative can also be a testomony in direction of our dedication of making sustainable and inclusive transportation options that profit everybody. I’m happy with the efforts put in by our groups to convey the National Common Mobility Card to life. We stay up for the optimistic affect it should have on the lives of thousands and thousands of commuters.”

Dilip Asbe, MD & CEO, NPCI, “We are delighted to affiliate with BMRCL and RBL Bank to launch National Common Mobility Card (NCMC) on RuPay platform. This launch is an important step in RuPay’s journey in providing a seamless and safe cost answer to all our clients on this fast-evolving cost ecosystem. Acceptance of NCMC at BMRCL is actually going to boost the transit cost expertise and moreover, will empower the cardholders to make all different funds utilizing a single card with the identical ease; it will additional assist in the drive of creating India a less-cash economic system.”

About RBL Bank RBL Bank is one in every of India’s main non-public sector banks with an increasing presence throughout the nation. The Bank presents specialised providers below 5 enterprise verticals particularly: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets and Treasury and Financial Markets Operations. It at present providers over 12 million clients by a community of 516 branches; 1,168 enterprise correspondent branches (of which 298 banking shops) and 413 ATMs, complete buyer touchpoint 2,097, unfold throughout 28 Indian states and Union Territories. RBL Bank is listed on each NSE and BSE (RBLBANK).