Uttar Pradesh

Keeping the vision of digital India of doubling the farmers’ income and financial literacy in mind, the project Micro ATM is designed in such a way that it can fulfil the banking needs of rural people/farmers, using PACS as the Business Correspondent of banks. Using Bharat Bill Payment Service, customers can deposit their bills periodically to different biller agencies like the electricity department and water department. The device is biometric-enabled so that it can perform AEPS-based transactions. During Covid 19, the Micro ATM vans performed an outstanding duty to serve the people. So far nearly 1.5 million transactions worth Rs 631 crore have taken place. These vans also double up for financial literacy training including digital banking. Micro ATMs were distributed to all the 50 District Cooperative Banks (DCBs) of Uttar Pradesh according to the number of viable PACS of each DCB. A total of 7,414 Micro ATMs have been distributed across 6,740 PACS. To maintain seamless service and provide for breakdowns, ten percent of Micro ATMs are kept as backup.