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02 June, 2015

icon-date3 Tuesday, June 02, 2015     icon-folder2 ,   icon-comment2 2 comments

TYPES & Various kinds of ATM's


1.Handheld ATMs--Used in remote areas-DENA bank introduced in GUJRAT

2.Mini ATMs POS enabled --service with CASH-IN CASH -OUT through IMPS --used for pensions , govt schemes , PDS public distributed system

3.MICRO ATMs--Used by Bussiness coresspondants ,BC handle physically

4.BIO-METRIC ATMs--Rural areas , Used by govt of india --for DBT (direct benefit transfer), MNREGA scheme

5.On site ATM -within the premises of bank

6.Off site ATM - Outside the bank premises

7.White Label ATM - Provided by NBFC

8.Green Label ATM - Provided for Agricultural Transaction

9.Orange Label ATM - Provided for Share Transactions

10.Yellow Label ATM - provided for E-commerce

11.PINK label ATM---women banking

12.BROWN label ATM-- ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider--but cash management and connectivity to banking networks is provided by a sponsor bank .

* NOTE __whose brand name is labeled by sponserbank


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