MITR ATM Sharing Network

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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.

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.

Competitors[]

• Cashnet
• CashTree
• BANCS

References[]

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