NEWS & ADVICE : SAVINGS ACCOUNTS
HDFC plans 300 more ATMs
By Neelima Shankar
May 30, 2008
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HDFC Bank has decided to increase its fleet of ATMs in the country. The bank has placed an order for 300 additional automated teller machines with ATM manufacturer NCR. The bank has also renewed its contract with NCR to manage 2,000 ATMs.

This new development corresponds to a change in the consumer behaviour and an increase in the usage of ATMs all over the country. Commenting on the deal, Rahul Bhagat, business head-direct banking channels, HDFC Bank, said, "Customer behaviour conclusively demonstrates a significant shift of transactions to the ATM, arguably positioning the ATM as the channel with highest customer footfalls."

The new deal, between the two organizations would extend the present three-year contract by another 42 months. Speaking on the new order, Pradeep Sen, NCR’s managing director for India said, "ATMs represent the single largest investment in electronic channel services for banks in India. Running a large ATM network is complex, involving varied disciplines and integration of hardware, software and processing. "

HDFC Bank at present has over 754 branches spread over 327 cities across India. The bank also has a network of over 1,900 networked ATMs across these cities.


(Comments Posted : 16) Post Your Comments
1. Hello sir ,
i have a shop for atm at amadlpur road jagadhri

if u want please contact me 9541350717
Subham bansal (Posted: Aug 29, 2014)
2. Dear Sir/Madam,
I have the best place available for the ATM. The Plot is 100 Mtrs from the Pune - Nashik Highway. The premises is quiet big(400 Sq.ft). It is 9.7 Km from Nashik Phata, 1 Km from Indrayani nagar. In front Kisan Trade Centre. That is the best place available in the Locality.
Praful Bhalerao (Posted: Dec 17, 2013)
3. TO
THE
HDFC BANK LTD
respected sir,
i have a suitable place for atm in hyderabad A.P.
CONTACT 8179435366
MOHDAZEEMUDDIN (Posted: Dec 11, 2013)
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