RBL Bank, Oxigen deploy 25 micro ATM vans for doorstep banking

Customers can use their Aadhaar-linked bank accounts to withdraw and deposit cash.

Update: 2016-11-25 14:28 GMT
People queue up to withdraw money from a mobile ATM at ITPO, Pragati Maidan in New Delhi on Monday. In an attempt to reduce rush at bank branches and ATMs, banks have pressed into service mobile ATM vans. (Photo: PTI)

RBL Bank has commissioned Oxigen Services India to deploy 25 of its SuperPoS MicroATM on mobile vans to ease cash flow problems following demonetisation.

This will enable RBL to offer doorstep banking services to customers who can use their Aadhaar-linked bank accounts to withdraw and deposit cash, money transfer and even make payments and recharge. Scrapped Rs 500 and Rs 1,000 notes can also be deposited into the accounts.

The micro ATMs will use thumb impressions and/or Aadhaar details to facilitate these transactions. The machines also have the option of withdrawing cash with debit card. The micro ATM vans will initially be deployed in the Delhi-NCR region.

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