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Home Personal Finance SBI Floating ATM! Country’s first floating ATM opened on Dal Lake, you...

SBI Floating ATM! Country’s first floating ATM opened on Dal Lake, you will be surprised to see

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SBI Floating ATM

SBI Floating ATM: The country’s largest bank State Bank of India has made a unique start. SBI has opened a floating ATM on a houseboat on Dal Lake in Srinagar.


New Delhi: SBI keeps working to improve the facilities of its customers. SBI has maximum number of 22,224 bank branches, 3,906 ATMs. Prior to this, SBI had started floating ATM in the year 2004 in Kerala as well. This floating ATM was opened on ‘Jhankar yacht’ of Kerala Shipping and Inland Navigation Corporation (KSINC). These floating ATMs have now become the center of attraction for the tourists along with meeting their cash needs. SBI has given a tremendous gift to the people of Srinagar. On August 16, SBI has opened an ATM on the houseboat in the famous Dal Lake of Srinagar. Let’s know about this floating ATM.

Unique effort of SBI

SBI tweeted, ‘SBI has opened an ATM on a houseboat in Dallek, Srinagar for the convenience of locals and tourists. The floating ATM in the popular Dal Lake fulfills the long standing need and will be an added attraction to the attractions of Srinagar.

People have got relief

This effort brought relief to the people living on the houseboat as they had to come to the main city to withdraw money. They also say that it has benefited them as tourists want to stay in houseboats near ATMs.

Saqib Ibrahim, the owner of the houseboat, says, ‘If seen, tourism is benefiting for a few days, tourists are getting very happy, they are not coming out with empty money, it has become an attraction. With this, tourists are getting a new experience. It has brought great convenience to the people. We are thankful to State Bank who has taken this step otherwise we would have had to go on the road.

A large number of tourists arrive in the valley in summer

Actually, after the corona havoc, this summer a large number of tourists arrived in the valley and most of the houseboats and hotels were booked. Tourists staying on houseboats find it convenient to have floating ATMs. They also say that they are taking pictures with it because it is a unique experience.


Nabil Ahmadi, a tourist from Kerala, says, had seen a floating ATM in Kerala, had not heard about it, it was the first time that I saw the concept here. Seeing Dal Lake is a very good experience, similarly ATM floating will give a different experience to the tourist. Also, people will not have to come on the road to withdraw cash, the facility will be available only in Dal.

The first floating ATM in the middle of Dal Lake in Srinagar will not only help locals and houseboat tourists, but it will also become a tourist attraction for a unique experience.

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