New Delhi: To make travelling quick and convenient for customers, SBI has introduced the “Nation First Transit Card.” This card makes it simple to pay for parking, water ferries, metro rides, and other services using digital tickets. Additionally, this card can be used by users to pay for purchases made in stores and online.
The “Nation First Transit Card” from State Bank of India is a countrywide usable RuPay prepaid device that falls under the National Common Mobility Card (NCMC).
The card is available everywhere for digital ticketing fare payments in parking lots, buses, subways, and water ferries. The card is now being accepted for payments at several shops and online stores.
“The Nation First Transit Card” powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionise the commuter experience and is in line with the national vision of “One Nation One Card,” said Dinesh Khara, chairman, introducing the card at the Global Fintech Fest in Mumbai.
“In 2019, SBI entered NCMC programmes with transport operators while maintaining a constant and unwavering focus on innovation and customer-centricity. The “City1 Card,” “Nagpur Metro MAHA Card,” “MUMBAI1 Card,” “GoSmart Card,” and “Singara Chennai Card” were successfully introduced by SBI as a part of these NCMC programmes in the metro systems of Noida, Nagpur, MMRDA Metro Lines 2A & 7, Kanpur, and Chennai, respectively.
“At SBI, we are constantly strive to make banking and everyday life simpler for our customers. The Nation First Transit Card powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionize the commuting experience and is aligned with the national vision of “One Nation One Card”. We are proud to introduce a card that not only eases the lives of our customers but also contributes to the growth of our country,” Dinesh Kumar Khara, Chairman, State Bank of India.
The country’s biggest mortgage lender is State Bank of India. The bank’s portfolio of housing loans has surpassed 6.53 lakh crore. With a CASA ratio of 42.88 percent and advances totaling more than 33 lakh crore as of June 2023, the bank has a deposit base of over 45.31 lakh crore.