Follow us
RBI enables e-mandate for auto replenishment of FASTag and NCMC: PTI
The present e-mandate needs a pre-debit notification a day in advance, prior to the actual debit from the customer's account.
1919 Views
The Reserve Bank of India has amended its e-mandate framework and enabled auto replenishment of FASTag and the National Common Mobility Card, PTI reported.
The present e-mandate needs a pre-debit notification a day in advance, prior to the actual debit from the customer's account, PTI noted.
In June, the Reserve Bank of India had noted that auto replenishment of balances in FASTag and NCMC that are recurring in nature but do not have any fixed periodicity, would be facilitated in the e-mandate framework. The same has been noted in an RBI circular.
RELATED ARTICLES
Valeo commissions e-axle line in Pune for Mahindra’s Born Electric platform
Autocar Professional Bureau
30 Mar 2026
The new line will produce Valeo’s 3-in-1 e-axle, which integrates the motor, inverter and transmission into a compact un...
Exclusive: VinFast to enter India’s e2W Market with 3 Battery-Swapping Models Sold in Vietnam
Angitha Suresh
30 Mar 2026
VinFast Evo, VinFast Feliz II, and VinFast Viper are expected to be the first models to be introduced in India.
Govt Approves Lohum’s Rare Earth Magnet Plan; 29 More Electronics Projects Get Nod
Kiran Murali
30 Mar 2026
The project awarded to Lohum Cleantech marks the first initiative to manufacture rare earth permanent magnets from rare ...
