MCD to sign MoU with multinational bank for tech-driven parking fee collection

The Municipal Corporation of Delhi (MCD) will next week sign a memorandum of understanding (MoU) with a multinational bank to introduce a technology-driven parking fee collection system. The system, aimed at preventing overcharging by linking point-of-sale (POS) machines directly to the civic body’s central server, will be rolled out on a pilot basis at five parking sites in the first phase and is part of the MCD’s plan to move towards cashless parking fee collection, a senior official said.

Under the proposed arrangement, the MCD will provide POS machines to parking contractors instead of allowing them to use their own devices.

The machines will be integrated with the MCD’s central server, enabling parking slips to be generated automatically based on the duration for which a vehicle remains parked.

A senior Remunerative Project Cell (RP Cell) official said the system would calculate parking charges at the notified rate of Rs 20 per hour and generate receipts directly from the MCD server, leaving little scope for contractors to overcharge motorists.

“The idea is to eliminate complaints of overcharging and bring greater transparency to parking fee collection. Since every receipt will be generated through the MCD server, contractors will not be able to demand excess payment,” the official said. The civic body also plans to introduce a “No Parking Slip, No Payment” system under which motorists will pay only against a digitally generated receipt issued through the authorised POS machine.

Officials said the system would be expanded to all MCD-managed parking sites across Delhi if the pilot project proves successful.