Vortex Engineering To Rollout 300 Solar ATMs For SBI

Vortex Engineering, a provider of Rural ATMs, has announced India’s first large-scale rollout of Solar ATMs. This rollout follows the winning of an order from State Bank of India for a deployment of 545 ATMs across semi-urban and rural India. Of these 545 ATMs, over 300 will be solar-powered.

Vortex’s Solar-powered Gramateller Duo ATMs have been developed in collaboration with IIT Madras.

Commenting on the rollout, V Vijay Babu, CEO Vortex Engineering, said, “Vortex was founded with the focus of improving the quality of rural life by building technology for practical use. This commercial launch of solar-powered ATMs is a moment of great pride and gratification for the Vortex team. With an ATM penetration of about 0.04 per 1000 people in India, there is a huge need for Rural ATMs. With this solar innovation becoming a viable option, Vortex looks forward to revolutionising the Rural ATM market. The company is extremely thankful to IIT Madras and State Bank of India.”