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Oct 9, 2007

Get mini-statements, change PIN at ATMs

The ATM cardholders of the six banks forming part of the MITR (ATM sharing arrangement) network can now benefit from new value-added services introduced today. Such customers, numbering about 80 lakh, can now obtain ‘mini statements’ of their accounts in any of the ATMs of the members banks of ‘MITR’. The MITR network came into existence on October 8, 2003. The customers with debit card/ATM cards would also be able to change their ‘Personal Identification Number’ (PIN) in any of the ATMs under the network. Currently, the MITR network has 3154 networked ATMs. The six banks forming part of the MITR network are Punjab National Bank (PNB), Oriental Bank of Commerce (OBC), Indian Bank, Karur Vysya Bank, IndusInd Bank and UCO Bank. The PNB’s Executive Director, Mr J.M. Garg, said that the bank was adding 50,000 ATM cards every week. “We want to increase it to 1 lakh cards every week”, he said.

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