Canara Bank introduced Mobile ATM’s Canara Bank has introduced mobile ATM to lower the burden of the people due to the demonetisation of Rs 500 and Rs 1000 notes. Due to the shortage of the cash at the bank counters and ATMs within minutes, Canara Bank has introduced the mobile ATM that will provide monetary help at doorstep. The mobile ATM van has started its services at Kolar district and in
Bangalore rural district.
iv. The bank has planned to add few more vans by next week to cover wider geographies in the state where there are no ATMs.Canara Bank
v. Due to increased number of transactions, the cash is reloaded in the mobile ATM once or twice a day and an average number of 700 to 800 transactions takes place within a day and it is operational till 8.30pm or till the cash gets exhausted.
Canara Bank
♦ Headquarters:Karnataka
♦ CEO:Rakesh Sharma
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