MITR ATM Sharing Network


MITR is a multilateral interbank network sharing arrangement of 6 member Banks in India for automated teller machine (ATM)s. It came into existence on 8 October 2003 with 5 member Banks.

MITR Network
Operating areaIndia
Members6

The MITR network has 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.

Competitors

References
  1. Punjab National Bank


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