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Ebix and NSDL Payments Bank Cross One Crore Registrations Under MSRTC NCMC Programmes

Maharashtra's MSRTC has introduced over one crore smartcards for concession passengers, shifting from paper passes to digital NCMC RuPay cards. 

Updated on: Aug 20, 2026, 12:02:40 IST
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Issued with NSDL Payments Bank on the RuPay network under MSRTC's Smart Card Concession Project, the cards have replaced paper concession passes for students, senior citizens, persons with disabilities and freedom fighters across 16,000 villages in Maharashtra, in line with the Prime Minister's 'One Nation, One Card' vision.

Mumbai, Maharashtra, 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.

Ebix and NSDL Payments Bank Cross One Crore Registrations Under MSRTC NCMC Programmes
Ebix and NSDL Payments Bank Cross One Crore Registrations Under MSRTC NCMC Programmes

1 crore+

cards registered

5 months

start to finish

~66,000

cards a day

~46

cards a minute

What matters more than the number is who is now holding these cards.