Tripura Gramin Bank Launches India’s First Solar-Powered ATM Van

Overview: Tripura Gramin Bank has launched India’s first fully solar-powered ATM van to provide uninterrupted banking services in remote and power-deficient areas. The eco-friendly initiative enhances financial inclusion while promoting sustainable banking practices. The project, launched in July 2023, has also earned national recognition with the SKOCH Silver Award.


Tripura Gramin Bank Launches India’s First Solar-Powered ATM Van

Tripura Gramin Bank has officially opened the first fully solar-powered ATM van in India. The new solar ATM van is powered entirely by the sun, enabling other banking activities, such as cash withdrawals and balance enquiries, even in remote, electricity-limited locations. The solution is an eco-friendly mobile option that improves financial inclusion in the hinterlands of Tripura, where the bank has more than 150 branches. The bank has also received national awards, including the SKOCH Silver Award, a prestigious recognition of innovation in bank operations and service delivery. This project was launched in July 2023 and represents a broader trend of introducing green technology into the Indian rural finance sector.

Highlights of Tripura Gramin Bank Innovation

  • First Innovation in India: India opened its first ATM van that operates using solar energy, which is being installed at Tripura Gramin Bank, providing a new milestone in Indian banking innovation.

  • Sustainable Banking Model: The ATM van is fully solar-powered, making banking services both environmentally friendly and affordable.

  • Enhance Financial Inclusion: Will be used to reach remote and power-deficient locations by enhancing access to simple banking services.

  • Uninterrupted Services: This offer includes 24/7 ATM services, including cash withdrawal and balance checking, without relying on grid power.

  • National Recognition: The programme was awarded the SKOCH Silver Award for excellence in innovation and governance.

  • Rural Development Focus: Benefits of banking penetration to the rural areas of the state of Tripura, which helps boost the socio-economic achievement of the area.

Most PYQs Asked About ATM

Exam Year Question Answer
SSC CGL 2019 ATM stands for — Automated Teller Machine
SSC CHSL 2020 Which machine is used for cash withdrawal without visiting a bank branch? ATM
SSC MTS 2021 ATM is an example of which banking service? Electronic Banking
SSC GD 2022 Which card is mainly used in ATMs? Debit Card
RRB NTPC 2016 What is the full form of ATM? Automated Teller Machine
RRB Group D 2018 Which facility allows 24×7 cash withdrawal? ATM
RRB NTPC 2021 Which organisation connects ATMs across India? NPCI
IBPS Clerk 2019 Which card is issued by banks for ATM transactions? Debit Card
IBPS PO 2020 ATM services come under which banking system? Core Banking
SBI PO 2021 ATM is an example of which banking facility? E-Banking
RBI Grade B 2022 ATM transaction settlement in India is handled by — NPCI
UPSC Prelims 2018 Which organisation links all the ATMs in India? National Payments Corporation of India
UPSC Prelims 2020 ATM is an example of — ICT-based Financial Service
UPSC CDS 2021 A cash withdrawal facility available anytime is called — ATM

Conclusion (Tripura Gramin Bank Launches India’s First Solar ATM)

The first solar-powered ATM in Tripura Gramin Bank will be an important step to sustainable and inclusive banking in India. The initiative ensures that the delivery of uninterrupted services to the remote locations by renewable energy, further financial inclusivity, encourages green innovations, and creates an example to be emulated by other eco-friendly rural banks nationwide.

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