Pusad Urban Bank
 
ATM Network
 
Pusad Urban Co-op Bank Ltd., Pusad will start the ATM service at Main branch, Pusad and Wani Branch very soon.

PUSAD URBAN CO-OP BANK., LTD, PUSAD will tie up with the NPCI (National Payments Corporation of India) network, comprising 51 of India's Public, Co-operative & private Sector banks very soon. So you can use 88000 ATMs in India and use any bank's card for balance enquiry and cash withdrawal.

Advantages of Automated Teller Machines (ATMs)
ATMs are electronic machines, which are operated by a customer himself to deposit or to withdraw cash from bank. For using an ATM, a customer has to obtain an ATM card from his bank. The ATM card is a plastic card, which is magnetically coded. It can be easily read by the machine.To operate an ATM card, the customer has to inset the card in the machine. He has to enter the pass word (number). If the authentication or pass word (number) is correct, the ATM permits a customer to make entries for withdrawal or for deposit. On completion of the transaction, the customer's card is ejected from the ATM.

Advantages of Automated Teller Machines (ATMs)
  • ATM provides 24 hours service
  • ATM gives convenience to bank's customers
  • ATM reduces the workload of bank's staff.
  • ATM provide service without any error
  • ATM is very beneficial for travelers
  • ATM may give customers new currency notes
  • ATM provides privacy in banking transactions
About NPCI :
National Payments Corporation of India (NPCI) is the umbrella organization of all retail payment systems in India and is set up by the banks in India with the support and guidance from Reserve Bank of India and Indian Banks’ Association. The organization has been mandated to build central infrastructure for payment systems like ATM Switching, Mobile Payments, Cheque Truncation System, POS Switching, 24 * 7 remittance system and Financial Inclusion transactions. The organization has also a mandate to build a domestic card payment scheme
 
 
 
       
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