Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Digital revolution: Maharashtra govt soon to go cashless

Digital revolutionIn alignment with the Central Government “Digital India” initiative, the Maharashtra government has planned to go completely cashless. The state will soon stop allowing cash payments for all sorts of fees, taxes and fine from the citizens.

It will rather promote payments only through digital modes. The State Government has decided to initiate Bharat Interface for Money (BHIM)-Aadhaar Pay among the rural populace and in cities payments will be accepted through credit cards, debit cards and all existing modes of e-payments.

Advertisementgreylabs

Through this, the state wants to work in sync with the Centre’s efforts of making India a cashless economy.

Digital transactions will be applicable to payments of property tax, stamp duty, fees for land transfer, license fees, fines, electricity bills etc. The State Government is all ready to adopt the cashless mode and the launch of this initiate will be seen in the next two-three months.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

“The BHIM-Aadhaar Pay app links citizens’ Aadhaar number and fingerprint to complete a transaction in a safe and secure manner. To enable the transactions through the app, the government only needs a thumb impression, for which 1.40 lakh biometric machines have been procured. These will be installed in all the gram panchayats, tehsildar and collectorates to ensure cashless transactions,” said VK Gautam, Principal Secretary, Department of Information Technology, Maharashtra.

AdvertisementInfoComm India 2026

He further said that to complete the digital transactions in order to pay the dues, the concerned citizen will have to submit his Aadhaar details and the required amount in BHIM-Aadhaar Pay app. He will then have to provide his thump impressions to authenticate his biometric details to make the final submission of the payment.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

“We will stop taking cash for all kind of payments — fees, fine and taxes being imposed by the state government — once machines are installed at government offices across the state,” Gautam said.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Digital Payments

RBI Enhances UPI Lite Limits to Boost Offline Digital Payments

The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit to ₹5,000 and the per-transaction… Read more →

PhonePe partners with LankaPay to enable UPI transactions in Sri Lanka

In a significant move to enhance cross-border payments, fintech major PhonePe has collaborated with Sri Lanka-based LankaPay to… Read more →

Axis Bank launches ‘MicroPay’ based on 'Pin on Mobile' technology for digital payments

The first pocket-sized swipe reader in India based on "Pin on Mobile" technology was introduced by private sector… Read more →

HDFC implements offline digital payments under sandbox of RBI

HDFC Bank has begun a pilot initiative to enable digital payments in the offline mode under a regulatory… Read more →

HDFC Bank, Flywire collaborate to offer edu digital payments

HDFC Bank Limited, India's largest private-sector bank, announced today that it has partnered with Flywire Corporation, a global… Read more →

Indian Overseas Bank launches Retail Lonas on Digital Platform

Indian Overseas Bank today announced the launch of  Retail Loans (home loan, personal loan & clean loan) on… Read more →