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Canara Bank has, on its 111 th Founder's Day dedicated mobile POS, Canara Vahini Van for serving citizens of Bengaluru.
Inaugurating the Canara Vahini Van, the bank's Chairman T N Manoharan said that this cash on wheels facility would dispense petty cash up to Rs 2000.
“The need of the hour is to ease the rush at ATMs and branch counters as well as for customers convenience. We have already deployed mobile ATMs to cater the city of Bengaluru. Another similar 111 POS machines are being deployed across the country today. Each POS is expected to serve up to 1000 withdrawals a day on an average,” he said.
The bank's Managing Director Rakesh Sharma said that the bank had fallen in line with the announcement by recalibrating all POS at Metro/Urban centres.
“To cater the rural customers, who too are facing cash crunch, we have deployed a mobile ATM / POS in the rural districts of the country. We will be launching few more vans exclusively targeted at the people in rural villages / semi urban cities where there are no/few ATMs”, Sharma said
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