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Digital India: Meal vouchers in paper form will not be allowed, says RBI

Project Info

  • Date Added: Jan 31, 2020
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FIRSTPOST MAR-2017. The revised RBI guidelines say that the minimum validity of the prepaid meal instruments shall be one year from the date of loading. Existing paper vouchers shall not be valid beyond December 31, 2017.  It also said that companies that are issuing meal vouchers under B2B arrangements in paper voucher form will now have to issue them in electronic form, including cards, and the maximum value in these PPIs cannot exceed Rs 1,00,000.