August 15, 2026 04:18 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Ajit Doval breaks silence on Operation Sindoor in Discovery’s explosive new docuseries | Rahul Gandhi's 'mock hug' taunt sparks row; Centre stresses 'mutual respect' with Italy | Delhi on high alert: Bomb threat to High Court, airport and multiple locations ahead of I-Day | ‘Who are they to interfere?’: CJI Surya Kant slams Bar Council of India over NALSAR students’ enrolment row | 'Shows how low Congress has sunk': BJP slams Rahul Gandhi over Modi foreign policy jibe | From guns to glamour: Former women Maoists walk the ramp in Chhattisgarh | Netaji row: Suvendu Adhikari govt strips BJP MP Anant Maharaj of state honour | Sukhbir Badal attacked by Nihang Sikh with kirpan at Maharashtra gurdwara; assailant detained | ‘If you cannot do it, we will pass an order’: Supreme Court’s final warning to Centre on food labels | ‘Time to move on’: Bombay HC sends strong message in Vijay Mallya-bank dispute
Federal Bank

Federal Bank launches RuPay backed NCMC wallet Debit Cards

| @indiablooms | Feb 07, 2024, at 11:22 pm

Federal Bank becomes one of the earliest private sector banks to launch NCMC integrated Debit cards.

National Common Mobility Card (NCMC) is a feature introduced on RuPay Contactless Debit Card which allows card holders to make payments across NCMC enabled terminals at metro stations, buses, etc in an offline mode within fraction of second, just by tapping the card on the card reader. NCMC is equipped with multiple functions, including stored value payments (currently up to Rs.2000/- and subject to change as prescribed by RBI from time to time) to simplify travel across different modes by digitizing payment.

For activating the NCMC functionality and to start using the card for offline transactions, the card holder is required to enable “contactless feature” either through Mobile banking, Internet banking or through IVR. Post enablement, visit the customer care desk of Metro station and initiate the activation and money load transaction. Money can be loaded in the card through cash or through the existing savings account at the metro counter itself. After loading money, the customer can just tap the card at the entry and exit of the terminal and unveil the convenience of travelling without purchasing a ticket separately. The amount debited/available will be displayed on the metro terminal screen at the time of tapping the card.

"We are thrilled to unveil a new and ambitious project for Federal Bank RuPay Debit Card holders who can now use their debit cards for offline payments at transit operators. The NCMC is poised to revolutionize the way citizens navigate urban transportation networks across the country. With the goal of enhancing convenience and efficiency, the NCMC introduces a unified approach to travel, simplifying the commuting experience for millions. We feel that this step taken by Federal Bank and RuPay would empower the customers and give them the flexibility to travel and pay on the go," said Chitrabhanu KG, SVP and Country Head- Retail Assets and cards- Federal Bank.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.