Automated Teller Machine(ATM)

An ATM card is any payment card issued by a financial institution that enables a customer to access an automated teller machine (ATM) in order to perform transactions such as deposits, cash withdrawals, obtaining account information, etc. ATM cards are known by a variety of names such as bank card, MAC (money access card), client card, key card or cash card, among others. Most payment cards, such as debit and credit cards can also function as ATM cards, although ATM-only cards are also available. Charge and proprietary cards cannot be used as ATM cards. Interbank networks allow the use of ATM cards at ATMs of private operators and financial institutions other than those of the institution that issued the cards.

ATM cards can also be used on improvised ATMs such as "mini ATMs", merchants' card terminals that deliver ATM features without any cash drawer.These terminals can also be used as cashless scrip ATMs by cashing the receipts they issue at the merchant's point of sale.

The National Payments Corporation of India (NPCI) is a pioneer organization in the field of retail payments in India. It is a body promoted by RBI and is aimed to operate for the benefit of all the member banks and their customers.

The vision of NPCI being able to provide citizens of our country anytime, anywhere payment services which are simple, easy to use, safe, and secure, fast and also cost effective. NPCI aims to operate for the benefit of all the member banks and the common man at large.

Reserve Bank of India, after setting up of the Board for Payment and Settlement Systems in 2005 released a vision document incorporating a proposal to set up an umbrella institution for all the Retail Payment Systems in the country. The core objective was to consolidate and integrate the multiple systems with varying service levels into nation-wide uniform and standard business process for all retail payment systems. This led to the formation of National Payments Corporation of India, (NPCI).The vision of NPCI being able to provide citizens of our country anytime, anywhere payment services which are simple, easy to use, safe, and secure, fast and also cost effective. NPCI aims to operate for the benefit of all the member banks and the common man at large.The National Payments Corporation of India (NPCI) is a pioneer organization in the field of retail payments in India. It is a body promoted by RBI and is aimed to operate for the benefit of all the member banks and their customers.

RuPay, a new card payment scheme launched by the National Payments Corporation of India (NPCI), has been conceived to fulfill RBI’s vision to offer a domestic, open-loop, multilateral system which will allow all Indian banks and financial institutions in India to participate in electronic payments.

“RuPay”, the word itself has a sense of nationality in it. “RuPay” is the coinage of two terms Rupee and Payment. The RuPay Visual Identity is a modern and dynamic unit. The orange and green arrows indicate a nation on the move and a service that matches its pace. The color blue stands for the feeling of tranquility which is the people must get while owning a card of the brand ‘RuPay’. The bold and unique typeface grants solidity to the whole unit and symbolizes a stable entity.

Using our ATM at present, customers can access their bank accounts in order to make a variety of transactions such as cash withdrawals, balances checking, printing Mini Statement and changing PIN for operating & accessing ATM as a security perspective.

Eligibility

In order to get RuPay card; person should hold savings or current account in the bank. And both existing and new customers are eligible to apply.

For Savings A/C Holder

• In case of single a/c holder,CIF name will be the Card Name.
• In case of joint a/c holder,Primary CIF name will be the Card Name for 1st party.

For Current A/C Holder

Only Individual Current A/C Holder eligible for Rupay ATM Card.

ATM Charges

Sl.No	Particulars	Charges(Rs.)
1	Debit Card Issuance Charges(RuPay Debit Card)	Na
2	Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards)	100/- plus service tax
3	Debit Card Replacement Charges	100/- plus service tax
4	Other Bank ATMs - Up to 5 Transactions during a calendar month (for savings bank account only)	Free
5	Other Bank ATMs - Beyond 5 transactions(in savings account) AND other than savings account	20/- + Service Charge (For Financial Transaction) 10/- + Service charge (For Non-fiancial Transaction)