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.
By Autocar Professional Bureau
1867 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
SIAM Calls for Policy Alignment, Stronger Scrappage Ecosystem at Circularity Conference
Arunima Pal
18 Feb 2026
Discussions covered decarbonisation, resource efficiency, post-crash response systems and material compliance.
India Entering Tech Acceleration Phase Seen Earlier in China: Valeo CEO
Ketan Thakkar
18 Feb 2026
With India contributing 1 percent to global revenue and China 17 percent, Valeo’s CEO says the difference lies in timing...
Why Japan’s Kyokuto is Doubling Down on India’s Commercial Vehicle Surge
Shahkar Abidi
18 Feb 2026
Satrac is leveraging the expertise of its Japanese parent, Kyokuto, to enter the urban waste management and recycling ve...
