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DCB Bank, on Monday, launched a “card-less and PIN-less” ATM in Bengaluru. The ATM accepts Aadhaar number and Aadhaar fingerprint (biometric) instead of ATM / debit card and PIN to dispense cash from the bank account.
Launching the facility, Nasser Munjee, Chairman, DCB Bank, said, “Bengaluru is an important centre for us. We are delighted to launch first Aadhaar-based ATM, a unique and transformative facility for users. These ATMs are testimony to our commitment to invest in customer facing technology and promote a new way of banking.”
The bank had, in April launched a pilot Aadhaar-based ATM in Mumbai. This was followed by launch of Aadhaar-based ATMs in Odisha and Punjab.
“Now the bank plans to upgrade its entire 400-plus ATMs to provide Aadhaar-based functionality in the next six months. Currently, only DCB Bank customers will be able to use this facility,” Munjee said.
Nandan Nilekani, Chairperson and Co-founder of EkStep Foundation, a non-profit literacy organisation, after inaugurating the facility said, “I am delighted that DCB Bank is launching an Aadhaar-based ATM in Bengaluru, the first such facility in the city. I am confident the ATM will provide Aadhaar cardholders a convenient way to withdraw cash.”
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