IndusInd Bank deploys Mobile ATM in Ahmedabad

Ahmedabad, 28 April, 2020: IndusInd Bank has deployed a mobile Automated Teller Machine (ATM) in Ahmedabad to bring key banking services to the doorstep of residents in wake of the coronavirus outbreak. 

The Bank is working closely with the local government authorities on the daily route that the mobile ATM will take to ensure availability of cash. The mobile ATM will be operational across localities, making 3-5 stops in a day between 9 am to 6 pm.

The mobile ATM offers all the services that are available at regular ATMs. Apart from cash withdrawals, key services that can be availed by customers are – ‘Choice Money’ denomination, transferring funds to the registered payee, change of PIN, recharge pre-paid mobile, book fixed deposits, among others. All necessary precautions in terms of maintaining social distancing while queuing for the ATM and sanitization are being taken to ensure safety of staff as well as customers at the Mobile ATM.

About IndusInd Bank

IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on March 31, 2020, IndusInd Bank has 1911 branches/ banking outlets and 2760 ATMs spread across 751 geographical locations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology. It enjoys clearing bank status for both major stock exchanges - BSE and NSE - and major commodity exchanges in the country, including MCX, NCDEX and NMCE. IndusInd Bank was included in the NIFTY 50 benchmark index on April 1, 2013.

Ratings:
Domestic Ratings

● CRISIL AA + for Infra Bonds program
● CRISIL AA for Additional Tier I Bonds program
● CRISIL A1+ for certificate of deposit program
● IND AA+ for Senior bonds program by India Ratings and Research
● IND AA for Additional Tier I Bonds program by India Ratings and Research
● IND A1+ for Short Term Debt Instruments by India Ratings and Research 

International Ratings

● Baa3 as Issuer, Bank Deposits and Senior Unsecured MTN ratings by Moody’s Investors Service
● P3 as Short Term Issuer Rating by Moody’s Investors Service  

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