NCR an ATM and financial technologies vendor has secured an order from State Bank of India (SBI) for 3,000 NCR Personal ATMs and APTRA software.

In addition to installing and deploying the ATMs, NCR will also provide management services for SBI’s ATM channel including construction of ATM sites and 24x7 monitoring of bank’s ATM network.

The order for 3,000 units is a mix of full-function ATMs with depository and cash dispensers, which are capable of addressing routine transactions like cash disbursal as well as advanced functions like airline and railway ticketing, deposits and customer relationship management (CRM).

SBI believes that the expansion of its ATM network will help increase customer touch points and result in greater customer convenience and more banking transactions.

"As the Indian ATM industry continues to grow rapidly, much of the growth will be driven by spread of ATMs to bank customers beyond the metros, into other parts of the country. The SBI order is the largest project of its kind in India and we are happy that India’s largest commercial bank has chosen us yet again as its preferred partner," said Deepak Chandnani, managing director, NCR India.