ICICI- First Private bank to launch ‘ATM On Wheels’ To Reach Rural Villages

• Villagers in the western state of Maharashtra, India, will soon have access to basic banking products and services thanks to a mobile “Branch on Wheels” offered by India’s largest private sector bank, ICICI Bank, as part of the bank’s financial inclusion initiative, aiming to expand its reach to citizens devoid of banking facilities.
• Two more could be opened in Odisha and Chhattisgrah states each depending on the success of its pilot project.
• The "Branch on Wheels" will be a van that travels to pre-identified unbanked villages at specific timings in the day, coming equipped with a GPS tracking system, laptops with 3G connections, LED TV, a safe, a printer, public announcement system, an UV Lamp that detects forged cheques, a note counting-cum-authentication machine that identifies fake currency notes and a unique low weight ATM.