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Tuesday, April 26, 2016

Banking Materials : Different Types Of ATM


Different Types Of ATM 

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1.On site ATM - Within the premises of bank
2.Off site ATM - Outside the bank premises
3.Worksite ATM- Is located within the premises of an organisation and is generally meant only for the employees of the organisation.
4.Cash Dispenser- Allows only cash withdrawls,balance enquiry and mini statement requests, cash dispenser(CD)
5.Mobile ATM- Refers to an ATM that moves in various areas for the customers. Few priavte banks have introduced ATM on wheels.
6.White Label ATM - Provided by NBFC
7.Green Label ATM - Provided for Agricultural Transaction
8.Orange Label ATM - Provided for Share Transactions
9.Yellow Label ATM - Provided for E-commerce
10.PINK label ATM---Women banking
11.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 .

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