MITR ATM Sharing Network

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MITR is a Multi lateral ATM Network Sharing arrangement of 6 member Banks in India. It came into existence on 8 October 2003 with 5 member Banks.

Presently, the MITR network is having six member Banks:[1]

  1. Punjab National Bank (PNB)
  2. Oriental Bank of Commerce (OBC)
  3. Indian Bank
  4. Karur Vysya Bank
  5. IndusInd Bank
  6. UCO Bank

PNB acts as Settlement Bank for MITR Network. State of art ATM transaction switching technology has been provided by Chennai-based Financial Software Solutions (P) Ltd.

References


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