ATM Types
Banking · ATM के प्रकार · 15 facts
First ATM in India: HSBC in 1987 in Mumbai
White Label ATM: owned and operated by non-bank entities (e.g., Tata, Muthoot)
Brown Label ATM: hardware by non-bank, branding and cash by a bank
Green Label ATM: specifically for agricultural transactions
Orange Label ATM: for share/stock market transactions
Yellow Label ATM: for e-commerce transactions
Pink Label ATM: exclusively for women (female guards, priority to women)
Micro ATM: handheld Aadhaar-based device used by Banking Correspondents
Cash Recycler Machine: accepts and dispenses cash (2-way ATM)
ATM managed by NFS (National Financial Switch) network operated by NPCI
Floating ATM: India first floating ATM installed by SBI in Kerala (Dal Lake)
ATM full form: Automated Teller Machine; invented by John Shepherd-Barron in 1967
Interchange fee: fee paid by cardholder's bank to ATM owning bank for each transaction
RBI mandates 5 free transactions per month at home bank ATM; 3 at other bank ATMs
Talking ATM: audio-enabled ATM for visually impaired users with headphone jack