Indian Railways Conducts Successful Trial of First Onboard ATM Facility
Why in News?
- An ATM installed inside the Panchavati Express has successfully completed its trial run, marking a first-of-its-kind innovation in Indian Railways, allowing passengers to withdraw money while the train is in motion.
Important Key Points:
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ATM on Moving Train:
Indian Railways Conducts Successful Trial of First Onboard ATM Facility, An ATM has been installed in the air-conditioned coach of the Panchavati Express (Manmad–Mumbai route), allowing cash withdrawals while the train is running. -
Successful Trial Run:
The trial run was mostly smooth, with brief network issues between Igatpuri and Kasara due to tunnels and low mobile coverage. -
Project Under INFRIS:
This initiative is part of the Innovative and Non-Fare Revenue Ideas Scheme (INFRIS) in partnership with the Bank of Maharashtra. -
Accessibility and Security:
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The ATM is accessible to all passengers (22 interconnected coaches).
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Equipped with shutter protection and CCTV surveillance for security.
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Additional Banking Features:
Besides cash withdrawal, passengers can also order cheque books and receive bank statements. -
Expansion Potential:
If well-received, the ATM service could be extended to other trains in the future.
It will also serve the Mumbai–Hingoli Janshatabdi Express as it shares the same rake. -
Positive Passenger Response:
Passengers like Sanjay Jha praised the innovation for its practical convenience during travel.