Where will you find mobile ATMs?
Around 834 mobile ATMs have been deployed across the country, mainly making rounds of hospitals, fruit and vegetable markets and old- age homes
- Bank unions call for 2-day nationwide strike from 30 May over wage revision
- IBC amendments will expedite Bank NPA cases: FICCI
- Bank credit grows at 12.64%, deposits at 7.61%
- Share of diesel passenger vehicles to go below 25% post BSVI adoption: ICRA
- PNB fraud case: ED files first chargesheet against Nirav Modi, associates
New Delhi: If you are still haven’t got the chance of withdrawing money from an ATM or are dreading the idea of queuing up outside one of them, then try to look around for the mobile ATMs deployed by various banks and are making the rounds of your city.
They have been pressed into service to come to the aid of people scrambling for cash after the 8 November demonetisation of Rs500 and Rs1,000 bank notes.
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. These are mainly making rounds of hospitals, fruit and vegetable markets, old- age homes, housing societies, corporate houses and wherever we feel there is a long queue and demand from customers,” said Manju Agarwal, deputy managing director, corporate strategy and new business, SBI.
“These ATMs are usually present for two-three hours at a particular place and then move to some other place.”
Special arrangements were made to deploy such ATMs at Pukhrayan in Kanpur Dehat district of Uttar Pradesh, where 14 coaches of the Indore-Patna Express had derailed on Sunday morning. Another instance is the deployment of mobile ATMs in tea gardens in the north-east and Kolkata, she added.
ALSO READ | Demonetisation: Are the poor really suffering?
“Our mobile ATMs are going in and around Bengaluru, like Koramangala and MG Road. It was stationed in Chennai also for some time. Wherever we find our branch or ATM has got a long queue, we try to send the mobile ATMs,” said a Canara Bank official, who did not wish to be named.
However, almost all the banks have maintained the cash withdrawal limit up to Rs2,000 from these mobile ATMs.