In around 13 districts of Assam, the ATM to population ratio is heavily lopsided. These 13 districts make do with just 932 ATMs against their requirement of 2,124.
Types of ATMs each designed to serve different banking needs and customer preferences:
White Label ATMs (WLAs):Owned and operated by non-bank entities.Offers basic services like cash withdrawal and balance inquiries.The bank issuing the card charges a fee for their use
Brown Label ATMs:Operated by a service provider but the ATM is branded by a bank.The bank handles the cash management, while the service provider manages the machine’s operations.
Green Label ATMs:Specialized for agricultural transaction services.Helps farmers with agricultural financing and transactions.
Pink Label ATMs:Reserved exclusively for female customers.Offers women a secure and comfortable banking experience, often in separate areas for added privacy.
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