
New Launch4 April 2026 at 01:31 pm
Eraaya Lifespaces' Subsidiary Ebix Technologies Launches India's First Statewide NCMC Smartcard Programme for Concessionaires
AI Summary
Ebix Technologies Limited, a flagship subsidiary of Eraaya Lifespaces Limited, has partnered with NSDL Payments Bank to launch a landmark National Common Mobility Card (NCMC) programme for the Maharashtra State Road Transport Corporation (MSRTC). This is the country's first statewide NCMC rollout designed exclusively for concessionaires, bringing over 50 concessional categories under a single interoperable digital payment ecosystem. The programme guarantees a minimum of 70 lakh NCMC cards in Year 1, scaling to over 2 crore cards statewide. It is expected to replace fragmented, paper-based concession processes with a seamless, Aadhaar-linked digital experience.
Key Highlights
- First statewide NCMC rollout designed exclusively for concessionaires
- Replaces fragmented, paper-based concession processes with a seamless, Aadhaar-linked digital experience
- Guarantees a minimum of 70 lakh NCMC cards in Year 1, scaling to over 2 crore cards statewide
- Interoperable RuPay Prepaid Platinum cards deliver a genuine tap-and-go experience across multiple modes of transport
- Architecture built for replication across hundreds of crore passenger journeys annually in India
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