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Micro ATM

Bringing banking to your fingertips, no matter where you are.

Key Features of Micro ATMs

  • Portability: Lightweight and easy to use, enabling door-to-door banking services.
  • Secure Transactions: Powered by biometric and PIN-based authentication.
  • Wide Accessibility: Operated by local agents, bringing banking services to remote areas.
  • Multiple Payment Options: Supports transactions through Aadhaar, debit cards, and mobile numbers.
  • Low-Cost Solution: Affordable infrastructure for banks to expand their reach.
Micro ATM

Services Offered by Micro ATMs

  • Cash Withdrawals: Withdraw money from your bank account using your Aadhaar or debit card.
  • Deposits: Deposit cash into your bank account conveniently.
  • Balance Inquiry: Check your account balance instantly.
  • Fund Transfers: Transfer money between accounts within seconds.
  • Mini Statement: Access recent transaction details.
  • Bill Payments: Pay utility bills directly via Micro ATMs.

How Does a Micro ATM Work?

  • Customer Verification: Authenticate using biometric data (Aadhaar) or a debit card and PIN.
  • Choose a Service: Select the desired service—cash withdrawal, deposit, balance inquiry, etc.
  • Transaction Execution: The banking correspondent completes the transaction using the device.
  • Real-Time Update: Transactions are updated instantly in your linked bank account.

Frequently Asked Questions (FAQs)

Yes, you must have a bank account linked to Aadhaar or a debit card.

Yes, transaction limits are subject to RBI guidelines and the policies of the corresponding bank.

Yes, if your Aadhaar is linked to your bank account, you can authenticate using biometric verification.

Availability depends on the operating hours of the banking correspondent or merchant.

Yes, Micro ATMs are secure, using biometric or PIN-based authentication to prevent fraud.