To make banking facilities accessible, a micro ATM device has been launched by The Unique Identification Authority of India (UIDAI). The device is basically aimed at facilitating the small wage employees to withdraw money at their door step.

The targeted beneficiaries under the facility are MG-NREGA workers, other beneficiaries under old-age pension, scholarship or any other welfare schemes. The system has been introduced at a few places in Jharkhand on pilot basis. Once perfected, it will be rolled out in other states as well.

The Director General of UIADI, Mr. R. S. Sharma said, "The beneficiary has to put his finger and Aadhaar number in to the micro ATM wireless device and get the money within 8 to 9 seconds from a business correspondent after verification about the beneficiary having that much amount deposited in the bank account shown through a receipt by the device."

He also said, "The (about a foot-long) device functions through any SIM and wherever there is a mobile tower. The device will be with a bank-appointed business correspondent."

"Using the device to withdraw money by beneficiaries will save travel-related difficulties, money and they can also have some savings in their accounts as one knows that one can withdraw any time as business correspondents are available at their villages," said Mr. Sharma.