If you think that there is only one type of ATM’s all around the India that you need to update your knowledge about it as there are different types of ATM across India updated till 26th April 2019. All of them are mentioned below:
This is one of the most important questions to be asked in the bank papers.
List of ATM’s all over India:
| Type of ATM | What they stand for |
|---|---|
| On Site ATM | ATM's Inside the Bank |
| Off site ATM | ATM outside the bank premises but is located at other places, such as shopping centres, airports, railways station and petrol stations. |
| White Label ATM | ATM Provided by NBFC (Non Banking Financial Company) |
| Green Label ATM | ATM Provided for Agricultural Transaction |
| Orange Label ATM | ATM Provided for Share Transactions |
| Yellow Label ATM | ATM provided for E-commerce |
| Pink Label ATM | ATM for women banking |
| 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 . |
Important notes regarding ATM’s in India:
ATMs in the country: 2,22,318 till June
State having highest number of ATM’s: Maharashtra
India’s first talking ATM’s: Ahmedabad
Only country where you can NIFT form India: Nepal
Full Forms:
ATM: Automated teller machines
NBFC: Non Banking Financial Company
yogesh patel
I intersted you atm for inquiry plz regard me .