The number of ATMs across the country has crossed the 1-lakh mark, says the National Payments Corporation of India (NPCI). All banks together have plans to install an additional one lakh ATMs in the next two years.
By October, 2012 the total number of ATMs was 1,04,500. Public sector banks and the State Bank group with about 61,500 ATMs accounted for 59 % ATMs. The private sector and foreign banks put together have about 41,800 ATMs accounting for 40% ATMs and the balance 1 % of about 1,150 ATMs have been deployed by co-operative banks/RRBs.
Almost all ATMs are part of NPCI’s National Financial Switch (NFS) network which facilitates routing of ATM transactions through inter-connectivity between the bank's systems, thereby enabling ATM/debit cardholders of the country to utilize the services in any ATM of a connected bank.
Nearly 20 crore transactions are processed every month in NFS, of which 75 % are cash withdrawal transactions with an average ticket size of Rs 3,300. The balance 25 % transactions are non–financial transactions.