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Withdrawal of ATM policy 2017

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Summary

Withdrawal of Commercial Circular No. 3 of 2017 issued vide Railway Board’s letter No. 2017/NFR/20/1 dated 10.1.2017 evident that centralized tendering of ATMs as given in ATM policy issued by NFR

Text of the circular

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GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD i 6, 2017/ NFR/20/1 Dated: 18.07.2018

All General Managers Indian Railways (Commercial Circular No. IO. of 2018)

Sub: Withdrawal of Commercial Circular No. 3 of 2017 issued vide Railway Board’s letter No. 2017/NFR/20/1 dated 10.1.2017.

A policy on Automated Teller Machine (ATM) was issued by NER Dte vide Commercial Circular No. 3 of 2017 on 10.1.2017 with the objective to lay down various conditions in tendering and setting up of ATMs on all stations. Normally Divisions were awarding contracts as per requirement at specified locations. Through this new policy, a nodal Zonal Railway i.e. Central Railway was nominated for conducting ATM tendering process on behalf of all Zonal Railways.

2. Accordingly, Central Railway conducted two rounds of tendering on behalf of all Zonal Railways. However, no bids were received. From the response of the market, it is evident that centralized tendering of ATMs as given in ATM policy issued by NFR Directorate vide CC No. 03 of 2017 is not attracting bidders.

3. In this context, in a review meeting held on 12.6.2018, Zonal Railways pointed out that with increase in mobile banking (Paytm, BHIM etc) and internet banking, patronage of ATMs had drastically decreased and the response of banks in opening of ATMs on = station was not encouraging. In this scenario, centralized tendering may not work and Zonal Railways were of the view that previous ATM policy guidelines issued from time to time by Commercial Directorate should continue.

4. In view of the above, Board have decided that policy on ATM issued vide CC No. 3 of 2017 dated 10.1.2017 may be treated as withdrawn with immediate effect. The instructions previously issued by Board on installation of ATM issued vide CC No. 3 of 2001 and all other subsequent instructions on the subject shall continue.

5. . This issues with the concurrence of Finance Directorate of Railway Board.

( “lame érma ) Joint Director/ NFR Railway Board No. 2017/NFR/20/1 Dated: 18.07.2018 Copy to:

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