Bangalore, June 14, 2016: DCB Bank today launched, Bangalore's first “Cardless and PIN less” ATM. The terminal accepts Aadhaar number and Aadhaar fingerprint (biometric) instead of ATM / Debit Card and PIN to dispense cash from the bank account. It is the first such facility in the city.
Inaugurating the Aadhaar ATM, Nandan Nilekani, Chairperson and Co-founder of EkStep Foundation, a non-profit literacy organisation and founder -head of the Unique Identification Authority of India, 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.”
Nasser Munjee, Chairman DCB Bank, said, “Bangalore is an important centre for us. We are delighted to launch the city's 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.”
In April 2016, the Bank pilot launched India’s first Aadhaar based ATM in Mumbai. This was followed by launch of Aadhaar based ATM in Odisha and Punjab. The Bank plans to upgrade all its 400+ ATMs to provide Aadhaar based functionality in the next six months or so. Currently, only DCB Bank customers will be able to use this facility.
DCB Bank is new generation private sector bank with 201 branches across 18 states and 2 union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India.