SBI Launches India’s first Transit Card

The State Bank of India(SBI) has launched the ‘Nation First Transit Card,’ a RuPay prepaid instrument that works with the National Common Mobility Card (NCMC) and may be used across the country.

The card is available throughout the country for digital ticketing fare payments in metro, buses, water ferries, and parking lots. Several stores and e-commerce sites have also begun to accept card payments.

“The Nation First Transit Card, powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionise the commuting experience and is aligned with the national vision of “One Nation One Card”,” said Dinesh Khara, chairman, at the Global Fintech Fest in Mumbai, launching the card.

SBI already issues NCMC cards in collaboration with local transit agencies. The “City1 Card,” “Nagpur Metro MAHA Card,” “MUMBAI1 Card,” “GoSmart Card,” and “Singara Chennai Card” are available in Noida Metro, Nagpur Metro, MMRDA Metro Lines 2A & 7, Kanpur Metro, and Chennai Metro, respectively.

While current cards are compatible across transit networks, their availability is limited due to co-branding with the local metro, and the majority are issued at metro ticket windows.

The National First Transit Card is a general NCMC card that clients can receive through SBI branches in the future or apply for online. SBI is also using NCMC-based ticketing solutions in Mumbai’s future underground, Metro Line 3, and Agra Metro. Previously, Paytm released its own Paytm Transit Card on the NCMC network.