ATMs not equipped to dispense new notes, require machine reconfiguration: Report

Demonetisation: Across major metro cities, police security is being provided to banks in the event of public becoming angry and unruly. ATMs were reported to run out of cash within hours of being stocked.

By: Express Web Desk | New Delhi | Published:November 12, 2016 1:14 pm
A man counts currency after withdrawing from an ATM in Hyderabad, Friday, Nov. 11, 2016. (AP Photo/Mahesh Kumar A.)

Even as queues get longer and longer in front of banks and ATMs across the country in the wake of government’s demonetisation move, there’s more harrowing news in store. A report in the Hindustan Times, quoting government sources, said it will take longer for ATMs to dispense new Rs 500 and Rs 2000 notes as those are reportedly of different design and size. The report said the ATMs will have to be ‘calibrated’ and ‘reconfigured’ in order to dispense the new notes.

Delhi Chief Minister Arvind Kejriwal also mentioned the ATMs’ dispensing problems during his press conference earlier today.

An official who manages logistics services of several banks in Delhi-NCR told HT that to reconfigure ATM machines, an engineer has to make a physical visit to ATMs and spend at least three to four hours.

Prime Minister Narendra Modi on Tuesday made the announcement to withdraw Rs 500 and Rs 1000 currency notes to tackle corruption and bring back black money. The move has caused much chaos across the country with people finding it hard to avail new currency from banks and ATMs. There were also reports of women and elderly citizens collapsing while standing in the queues.

Across major metro cities, police security is being provided to banks in the event of public becoming angry and unruly. ATMs were reported to run out of cash within hours of being stocked.

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  1. A
    aamJantaIndia
    Nov 12, 2016 at 11:14 am
    another Surgical strike...lt;br/gt;lt;br/gt;Now on innocent, old, elderly, housewives, medical emergency patients, foreigner visitors...lt;br/gt;lt;br/gt;Untold stories of troubled millions...but govt keeps playing its parrots...
    Reply
    1. A
      Anand Sudan
      Nov 12, 2016 at 3:34 pm
      It seems you are a holder of black money. If not you should have supported the by the PM's war against black money which is eating into the vitals of national economy. The people of the entire nation is supporting the govt move as it will bring down land prices apartments, rent rate etc
      Reply
      1. A
        avd
        Nov 12, 2016 at 10:16 am
        How can Govt go with its plan of removing Rs 500 and 1000 notes from circulation lt;br/gt; with such type of function of ATMs ?There is something wrong with Banks administration in filling new notes with ATM.Let us of next week everything will run smoothly and no hardship to common man.
        Reply
        1. C
          chavan
          Nov 12, 2016 at 12:42 pm
          Tell this problem to Modi's blind bhakt
          Reply
          1. H
            harun
            Nov 12, 2016 at 9:54 am
            That constructive comments on the problems faced by the Public is being met with dislike by Paid agents on social Media.lt;br/gt;lt;br/gt;Given reports about certain people being Privy to the withdrawal decison by the PM and Huge cash in 500 and 1000 denomination haviing been deposited in Party account in Kolkatta.lt;br/gt;lt;br/gt;The BJP President of WB has accepted the report about deposit.lt;br/gt;lt;br/gt;But the BJP spokespersons elsewhere simply refuse to accept nor reject the report.lt;br/gt;lt;br/gt;To add you have Paid employees to do propoa about the Decision and ignore charges of selective leak before the announcement.lt;br/gt;lt;br/gt;This singly means that a Court monitored Enquiry is absolutely necessary to scrutnise Bank accounts of the BJP and other Big Wigs in the BJP
            Reply
            1. J
              jugnu Singh
              Nov 12, 2016 at 8:39 pm
              Lack of preparation for unrolling such a huge policy change is shocking, to say the least...people are bearing all the pain in the national interest but after a while, if the pain remains unameliorated, peole will start questioning Government decision.
              Reply
              1. M
                Manzoor
                Nov 12, 2016 at 8:10 am
                Why half-truths has been told by PM about ATM machine.
                Reply
                1. M
                  mast kalandar
                  Nov 12, 2016 at 9:22 am
                  YOU guys have been told One-Fourth-Truth about your prophet and religion and have been brainwashed! Hence everything else in the world appears half-truth to you
                  Reply
                  1. M
                    mathimathi
                    Nov 12, 2016 at 7:04 pm
                    how much amount to ATMs reconfiguration. and which country will do it or Make in India to do how many days. Jumla feku govt.
                    Reply
                    1. M
                      mathimathi
                      Nov 12, 2016 at 7:14 pm
                      how will a real estate business and prices apartments eliminate black money via this feku modification of Notes. half of the the new money can become black money in futures through a brokers in Indian states owned register office. ic blind bhaktas belief.
                      Reply
                      1. M
                        mathimathi
                        Nov 12, 2016 at 7:17 pm
                        how will a real estate business and prices apartments eliminate black money via this feku modification of Notes. half of the the new money can become black money in futures through a brokers in Indian states owned register office. ic feku blind bhaktas beliefs.
                        Reply
                        1. M
                          Mayur Panghaal
                          Nov 12, 2016 at 10:15 am
                          Amit Shah was using Agusta Westland chopper in am elections owned by Navin Jindal,who is chargesheeted in coal scam! #अबकी_बार_लंबी_कतार
                          Reply
                          1. M
                            Mayur Panghaal
                            Nov 12, 2016 at 10:16 am
                            Dear Feku,did Sonia answer Amit Shah folded hand plea about 'who took the money' in Agusta scam ?
                            Reply
                            1. M
                              Mayur Panghaal
                              Nov 12, 2016 at 10:10 am
                              Did ban-dar Modi and his little ban-dar Ketly claim that it was a meticulously planned and thought out operation ?? lt;br/gt;Wow !! What a day !! what a time to be alive in India !!lt;br/gt;Now you can guess for yourself what will happen to all the jumlas thrown in 2014.|lt;br/gt;India is standing on the brink of a financial storm.GOd help us all !!
                              Reply
                              1. M
                                Muthukumar
                                Nov 12, 2016 at 10:41 am
                                I believe it is time to change their approach in giving money with exchanged cash.lt;br/gt;Instead of giving just Rs. 4000 or 10000 they can give 4500 (2X 2000 5X 100). for 10500 (5X 2000 5X 100) Also when the ATM are reconfigured to lend new Rs 2000 they must change the allowable limit 2100 ( new note 2000 100), 2200,.., upto 2500 according customer entry. Perhaps if they have more Rs 2000 notes to offer they can allow 4100...upto 4500,, 6100 upto 6500 so on. This will solves many issues and ease up.
                                Reply
                                1. P
                                  Prasenjit
                                  Nov 12, 2016 at 10:16 am
                                  Really ... and you know all truth about everything ... because you lay prostrate in front of your god of politics and accept whatever he says or doesn't !! :D
                                  Reply
                                  1. V
                                    Vihari Naidu
                                    Nov 12, 2016 at 10:50 am
                                    This is what happens when illiterate politicians who don't know how an ATM functions take decisions that impact the entire potion. Wonder what the bureaucrats are doing when such stupid decisions were taken. Did no one tell that the new note can't be placed in the ATM machines....
                                    Reply
                                    1. S
                                      santhosh
                                      Nov 12, 2016 at 10:31 am
                                      I wish if there had been Rs 200, Rs 250 or Rs 300 notes.
                                      Reply
                                      1. S
                                        s s nair
                                        Nov 12, 2016 at 8:18 am
                                        Contact Narendra Modi or Amit Shah. They will have no problem.
                                        Reply
                                        1. W
                                          whatever
                                          Nov 12, 2016 at 12:56 pm
                                          LOL! Given your faith, you guys are brain dead!! We are still better off.
                                          Reply
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