Gkseries.com

Kotak Mahindra Bank launches Micro ATMs across India

kotak

Kotak Mahindra Bank Ltd (KMBL) launch Micro ATMs across the country. Customers of all banks who possess a debit card can use a Kotak Micro ATM for key banking services such as cash withdrawals and checking account balances. A mini version of an ATM, micro ATMs are small handheld devices. The bank will use its extensive Business Correspondents (BC) network to launch micro ATMs.

In the first phase, Kotak Mahindra Bank Ltd is introducing micro ATMs in the outskirts of the top 8 metro cities – locations where the demand for cash withdrawal services is high but the prevalence of ATMs is low.

About the Micro ATM:

Exit mobile version