Success of micro ATMs in the villages.Govt in 2015 started providing the micro ATMs in the villages. National Payment Corporation of India coordinated this scheme. A villager can use his finger print in the micro ATM machine and through linkage with his Aadhar number, he can withdraw cash from his bank account. The limit of withdrawal is Rs 10,000. So far about 60,000 micro ATMs are installed in our country and more are in the pipeline.
It seems that these micro ATMs are getting popular with the villagers as they do not have to go now to bank or ATM in the nearby town for this transaction. As per the report in the newspaper the transactions in these ATMs are increasing significantly which shows their utility and usefulness.
Anyone having experience of these micro ATMs. Any comments on them?