SBI-Nagpur Metro prepaid MAHA card; Check features, travellers' benefit
The Metro commuters can avail MAHA Card by applying at the counter in metro stations, and for that they just need to fill-in basic information in the application form followed by authenticating one-time PIN received on their mobile number.
Metro travellers in Nagpur have a good news as they will now be able to avail of a secure and convenient method of payment facilitated by the State Bank of India (SBI), which has collaborated with Maharashtra Metro Rail Corporation Ltd. (Maha Metro) to launch a contactless co-branded prepaid card, ‘MAHA Card’. The card comes with dual interface (EMV chip) with stored value functionality for a secure, convenient and seamless payment process, according to a SBI statement.
With this facility, the travellers will have tap-and-go payments at Nagpur Metro stations. The Metro commuters can avail MAHA Card by applying at the counter in metro stations, and for that they just need to fill-in basic information in the application form followed by authenticating one-time PIN received on their mobile number. Once the application process is over, they need to pay a minimal amount of Rs 150 as one-time card issuance fee along with minimum top-up card fee of Rs 100, which can be in multiples of Rs 100 with maximum of Rs 2,000, for seamless travelling in the metro, according to the statement.
MAHA Card features
MAHA Card comes with a unique feature of stored value balance which can execute off-line transactions across Nagpur Metro stations. The travellers have to tap their MAHA Card at the entry gate to the platform and after completing the journey, they need to tap their card again at the exit gate of the destination station.
The fare amount of the journey will be automatically debited after the exit tap from the stored value balance on the card. The commuters can check MAHA card balance on the Ticket Readers (TRs) installed at metro stations.
Notably, the SBI has implemented Automated Fare Collection (AFC) system as a consortium leader along with its AFC (SC Soft) and System Integrator (Aurionpro) partners for Nagpur Metro Project.
Watch Zee Business Live TV
The SBI is the largest commercial bank in terms of assets, deposits, branches, customers and employees, with the largest network of 22,088 branches in India and an ATM / CDM network of over 58,495. It also has the highest number of followers on Facebook, YouTube, LinkedIn and Pinterest, and tops the list of followers on Facebook and YouTube across all banks worldwide.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How soon will monthly SIP of Rs 6,000, Rs 8,000, and Rs 10,000 reach Rs 5 crore corpus target?
SBI Guaranteed Return Scheme: Know how much maturity amount you will get on Rs 2 lakh, 2.5 lakh, 3 lakh, 3.5 lakh and Rs 4 lakh investments under Amrit Vrishti FD scheme
SBI Senior Citizen FD Rate: Here's what State Bank of India giving on 1-year, 3-year, 5-year fixed deposits currently
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
04:44 PM IST