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Now, set up your own ATM, courtesy PNB

"The scheme is based on a revenue sharing model and is the first of its kind in the industry," PNB said in a release.

india Updated: Apr 20, 2006 18:37 IST

Consumers will now no longer have to search around for an ATM.

According to a new scheme launched by the Punjab National Bank, individuals can set up ATMs at their own places on a revenue sharing model with the bank.

"The scheme is based on a revenue sharing model and is the first of its kind in the banking industry," PNB said in a release.

Under the scheme named PNB BhagidariYojana, individuals and organisations can deploy and maintain PNB ATMs at prominent places at their own cost.

First Published: Apr 20, 2006 18:37 IST