Karnataka Bank is in the process of launching around 100 Aadhaar-enabled ATMs in the months to come. These ATMs will help customers perform transactions through biometric authentication. In this regards, the bank is in discussion with an ATM service provider and the National Payments Corporation of India.
Around 30 per cent of the proposed Aadhaar-enabled ATMs will be set up in rural and semi-urban centres. Of the around 8.2 million customers, three million have already been linked to Aadhaar.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.
