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Replenishment Of Balances In FASTag

Kumari Sonali

Replenishment Of Balances In FASTag:

The Reserve Bank of India (RBI) has updated its e-mandate framework to include the auto-replenishment of balances in FASTag and the National Common Mobility Card (NCMC). Under the new rules, these auto-replenishment transactions, which occur when balances fall below a customer-defined threshold, will no longer require a pre-debit notification.

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