India is a country where 65% of Population stayed up in rural areas but most of the basic facilities are not available there. If Available, then these resources are scarce for them. So Inditab has come up with idea of providing basic banking facilities in rural as well as urban areas. Inditab is inviting Business Correspondents (BC) to buy Micro ATM Machine so that they can bridge the gap between availability and accessibility of basic banking services.
Micro ATM is a banking innovation through which anyone can access basic banking services with debit card interface. So the idea is that Inditab is inviting Business correspondents (BC) who work as an agent to access these services, People can simply visit these Business Correspondents (BC) and they can help them with basic banking services like cash withdrawal and balance enquiry transactions from all debit cards.
Micro ATM is a portable device which works equally as normal as ATM machine, only the difference is that people have to visit Business Correspondents (BC) not nearest ATM machine in order to withdraw money and balance enquiry transactions. This Micro ATM has been invented to help people of Rural Areas so that they can assess banking facilities nearby. However, in heavy cash crunch problem, these Micro ATMs are boon to everyone.
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