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Jio Financial Services’ arm bags contract to implement MLFF toll collection system
Oct-13-2025

Jio Financial Services’ subsidiary -- Jio Payments Bank (JPBL) has secured a contract to implement the FASTag Automatic Number Plate Recognition (ANPR) - based MLFF toll collection system across two toll plazas - Shahjahanpur and Manoharpura - between Gurugram and Jaipur. These plazas were awarded as part of the tender issued by Indian Highways Management Company (IHMCL) for managing toll processing under India’s pilot MLFF project, aimed at enabling seamless, barrier-free vehicular movement on national highways. So far, five MLFF bids have been awarded, of which JPBL has secured two, demonstrating its competitiveness in this space.

For its toll management operations across highways, JPBL is exploring synergies with Jio Platforms, leveraging the latter’s robust digital capabilities. As India witnesses a period of rapid physical infrastructure creation, complemented by state-of-the-art digital infrastructure, JPBL is well-positioned to play a catalytic role in this transformation.

Jio Financial Services (JFSL) operates its financial services business through its consumer facing subsidiaries namely Jio Finance (JFL), Jio Insurance Broking (JIBL) and Jio Payment Solutions (JPSL) and joint venture namely Jio Payments Bank (JPBL).

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