A mobile ATM is operated out of a vehicle—usually a bus or van—and the machine is accompanied by a person who hands over cash to customers. “We have deployed around 834 mobile ATMs around the country over the last few days.Van is fitted with a regular ATM which communicates with Bank’s CBS through GSM connectivity.Provide banking sevices and products related information and financial advice to the rural or unbanked masses.
Unique way for ATM to banks. Mobile ATM Van Travels to rural villages that do not have a dedicated ATM site or branch.Audio-Visual devices are fitted in the Van for carrying out financial literacy programmes.
There are two primary types of ATMs. Basic units only allow customers to withdraw cash and receive updated account balances. The more complex machines accept deposits, facilitate line-of-credit payments, transfers, and report account information.