As part of the contract, Diebold will deploy approximately 1,000 cash dispensers (CDs), more than 600 full-function lobby ATMs and approximately 60 cash recyclers.
Diebold will be providing the SBG with its full-function models D450 ATM and D422 CD specially designed for India.
The ATM provider claims the power consumption on these ATMs will be approximately 40% less than conventional processors.
According to the Diebold, some of the features of the ATM machines include: voice guidance support and Braille enablement to support the visually challenged and card reader with enhanced security features.
Upon completion of the deployment SBG’s total ATM network will reach to more than 28,000 terminals.
Deposit automation functionality for the SBG will be enabled by Diebold’s Opteva 328 bulk cash recycling ATM, which is a cash deposit and recycling terminal with a compact footprint.
Unlike envelope deposits, this technology allows for validation of currency during the deposit, immediate credit to the consumer’s bank account.
Diebold vice president and managing director of South Asia Naresh Hosangady said that SBG has decided to adopt deposit automation to enhance the self-service technology on ATMs.
