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White Labeled ATM & CDM Machine Installation



White Labeled ATM & CDM Machine Installation

An ATM is a computerized machine that provides customers of banks the facility of accessing their accounts for dispensing cash and to carry out other financial & non-financial transactions without the need to visit the bank branch.

ATMs set up, owned and operated by non-banks are called WLAs. Non-bank ATM operators are authorised under the Payment & Settlement Systems Act, 2007 by the Reserve Bank of India (RBI).

Cash Recycler Machine is capable of accepting and dispensing multiple notes simultaneously. CRMs accepts maximum 200 currency notes of Rs. 50,100, 500 and 2000 denominations  per transaction and maximum value of Rs. 49999/-. On PAN card validation additional amount up to Rs.100000/- can be deposited per transaction. CRM impounds any counterfeit currency and such notes are not returned to the depositor. Cash deposit and withdrawal is allowed to NFS member bank cardholders by CRM. Cash withdrawal feature is
similar to ATM in CRMs.

One of the technological innovations that is going to replace the work of ATMs is Cash Recycler Machine. The CRM is a self-service terminal that allows a customer to make both cash deposit and withdrawals.


  • Automated Teller Machines (ATMs) provide the facility of accessing depositor’s accounts for dispensing cash and to carry out other financial and non-financial transactions without the need for actually visiting their bank branch. ATMs have expanded the scope of banking to anytime, anywhere banking through interoperable platforms. Cards issued by one bank can be operated through the ATMs set up by other banks.
  • Prior to WLAs only banks were permitted by the Reserve Bank of India (RBI), to set up ATMs.  However, ATMs have become the means for financial inclusion and have been leveraged for delivery of a wide variety of banking services to customers. While, there has been around 23-25% year-on-year growth in the number of ATMs, their deployment has been predominantly To expand the reach of ATMs in  non-banks entities were also allowed to set up ATMs.
  • Non-bank entities shall commence setting up and operating WLAs only after it has been authorised to do so by the RBI under the Payment and Settlement Systems Act, 2007.
  • Taking over of ATMs operated by banks would not be permitted. Entities may ensure to draw a strategic plan for installation of such WLAs based on the criteria set during authorization. White Label ATM Operators (WLAO) may also indicate the value added services it proposes to offer at the WLA while seeking authorization.
  • WLAO is permitted to have more than one Sponsor Bank. All the transactions of WLAs serviced by this Sponsor Bank would be settled through it.
  • Cash Management at the WLAs will be the responsibility of the Sponsor Bank, who may if required, make necessary arrangements with other banks for servicing cash requirements at various places.
  • WLAO May Establish Connectivity With Any Of The Authorised ATM Network Operators/ Card Payment Network Operators And Ensure That The Settlement Of All The Transactions At The WLAs Shall Be Done Only In The Books of The Sponsor Bank through the ATM Network Operators/ Card Payment Network Operators With Whom The WLAO Has Established Connectivity.
  • Maintenance And Servicing Of The WLAs Shall Be The Sole Responsibility Of The WLAO.

 In a cash recycler or CRM, banknotes are placed into a feeder first when a person is depositing cash. Then, it is passed through a bill identifier to determine the denomination (Rs 2000, Rs 500 or Rs 100 notes) and to check the validity of the banknotes. Validity means to check whether the note is counterfeit currency. For this, CRMs in India have RBI supported note identification protocols and mechanisms. The recycled notes are then stored into separate cassettes in the machines automatically for dispensing to the customers. Of the two functions of the machine – deposit and cash withdrawal, it is for the deposit activity that the CRM uses tedious effort. The CRM thus do an exact recycling process – collecting cash from the depositors and giving it to those who withdraws money.

Valid transactions are immediately credited or debited in real time (immediately) and customers will get an acknowledgment slip confirming the transaction. A Debit Card holder can use the CRM for withdrawal as in the case of ATM. For depositing the cash, customers should have either his/her debit card or beneficiary’s account number. Once the transaction is completed, a receipt will show the updated account balance.

Services in ATM & CDM or CRM



Banks we work for

Indian nationalised bank an undertaking of GoI offers various schemes and services.