Thursday, March 31, 2011

Solar Powered ATM Opens in India

Union Bank of India on Saturday unveiled its first solar-powered voice enabled biometric rural ATM at Ghawaddi in Ludhiana. Executive director of the bank S S Mundra inaugurated the ATM.

He was accompanied by general manager Lalit Sinha, deputy general manager P K Khandelwal and assistant general manager J S Khare.

Mundra said the ATM was a result of research and development efforts of IIT Chennai. The machine works on solar power, has low power consumption of 40-100 W, can work on single phase power connection, has ability to work without air-conditioning and has support for both biometric and PIN-based transactions.

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