Types of ATMs in India

Function

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Green Label ATMs

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Orange Label ATMs

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Pink Label ATMs

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Yellow Label ATMs

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White Label ATMs

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Do you know, the first ATM in India was set up in 1987 by HSBC in Mumbai?

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Primarily used to expand the ATM network in areas where it is not economically feasible for banks to set up their ATMs.

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Types of ATMs in India

Automated teller machine.

Function

ATMs help customers to withdraw and deposit cash, transfer funds between accounts, check their account balance and perform other banking transactions.

Green Label ATMs

These ATMs are used for agricultural purposes

Orange Label ATMs

These ATMs are used for share transactions

Pink Label ATMs

These ATMs are specifically designed for females to help in skipping long queues

Yellow Label ATMs

These ATMs are used for e-commerce transactions

White Label ATMs

These ATMs are set up, owned and operated by non-banks

Primarily used to expand the ATM network in areas where it is not economically feasible for banks to set up their ATMs.

Do you know, the first ATM in India was set up in 1987 by HSBC in Mumbai?

Primarily used to expand the ATM network in areas where it is not economically feasible for banks to set up their ATMs.