ATMs to be set up at 22 Metro stations

ATMs to be set up at 22 Metro stations

ATMs to be  set up at 22  Metro stations

In addition to a variety of retail shops, almost all Metro stations in the city will have automated teller machines (ATMs) soon.

The Bangalore Metro Rail Corporation Limited (BMRCL) has floated tenders for licensing space for ATMs at as many as 22 metro stations.

The contract, which runs for a period of three years, will generate a non-fare revenue of than Rs 10 lakh every month. Each station will have a minimum of two to four ATM machines, which would be located at the entrance, at the exit, and in the concourse areas, of the station.

BMRCL said the minimum reserved monthly licence fee per ATM starts from Rs 15,000 to Rs 50,000 based on the location of the station.

Charges for these machines at the Kempegowda, Mysuru Road and MG Road metro stations would begin from Rs 50,000.

The licence fee reserved in the remaining metro stations is Rs 20,000, on an average. The last date for the submission of tender documents is October 3. 

Good response expected
U A Vasanth Rao, BMRCL chief public relations officer, hoped to get a good response from the bankers.

“There is an advantage to have an ATM inside the Metro station that sees regular footfalls. The stations have 360 degree CCTV cameras and security personnel. Hence, there is no need for the bankers to invest on the guards. It would also advertise their product in a prime area,” he added.

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