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IT Enabled Services
New Launch25 Mar 2025, 07:09 pm

Vakrangee to Expand ATM Network by Deploying 3,000 New ATMs in FY2025-26

AI Summary

Vakrangee Limited has announced plans to expand its ATM network by deploying 3,000 new ATMs in FY2025-26. The company will set up UPI-based ATMs for cardless cash withdrawals. Vakrangee currently has 6,050 White Label ATMs, with 76% of these outlets in Tier 4 and 6 locations. The company is committed to driving financial, digital, and social inclusion in rural India. The expansion will enhance cash availability and contribute to the company’s broader vision of providing seamless digital and physical banking experiences under one roof, especially in Tier 4 to Tier 6 cities.

Key Highlights

  • Vakrangee to deploy 3,000 new ATMs in FY2025-26
  • Introduction of UPI-based ATMs for cardless cash withdrawals
  • Currently has 6,050 White Label ATMs with 76% in Tier 4 and 6 locations
  • Commitment to financial, digital, and social inclusion in rural India
  • Expected to benefit millions of customers in Tier 4 to Tier 6 cities
VAKRANGEE
IT Enabled Services
Vakrangee Limited-$

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