An ATM machine was installed onboard by State Bank of India on INS Vikramaditya, the largest warship and latest aircraft carrier of the Indian Navy.
The one-of-a-kind ATM machine was inaugurated onboard at a function at the Naval Base Karwar.
The facilities offered by the State Bank of India to the ship include cash withdrawals, generation of mini-statements, access to bank balance details and change of PIN numbers.
In the near future, the facility will be upgraded to a recycler machine with a cash deposit facility. Additionally, facilities like cash transfer, Card-to-Card transfer, Credit Card payment, mobile number registration and updation would also be available.
The Indian Navy has a Memorandum of Understanding with the State Bank of India that operates Defence Salary Packages. This joint venture between India’s largest warship and largest banking network is a significant step towards cementing the partnership between the Navy and the bank further, underlines the mutually supportive relations the two organisations share.