MITR ATM Sharing Network
MITR is a multilateral interbank network sharing arrangement of 6 member Banks in India for automated teller machines (ATMs). It came into existence on 8 October 2003 with five member banks.
| Operating area | India |
|---|---|
| Members | 6 |
| Founded | 8 October 2003 |
The MITR network has six member banks:[1]
- Punjab National Bank (PNB)
- Oriental Bank of Commerce (OBC)
- Indian Bank
- Karur Vysya Bank
- IndusInd Bank
- UCO Bank
PNB acts as settlement bank for MITR Network. ATM transaction switching technology has been provided by Chennai-based Financial Software Solutions (P) Ltd.
References
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