MoneyWorks4Me

HDFC Bank deploys mobile ATM to assist customers during lockdown

14 Apr 2020 Evaluate

HDFC Bank has deployed mobile Automated Teller Machine (ATM) to assist customers during the lockdown. The mobile ATM of the bank is the first in the South and the fourth in the country. Mobile ATMs would eliminate the need to move out of their locality to withdraw cash and the city is the fourth place where the bank deployed its mobile ATM after successfully deploying it across Mumbai, New Delhi and Allahabad.

The locations for deployment are being identified in consultation with all local municipal authorities across Coimbatore city and the first was deployed to cater to the need across Vadavalli, Navavoor Pirivu and IOB Colony Junction. The mobile ATM would be open in each location for a specific period and cover 3-5 stops in a day between 10 am and 5 pm.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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