3. INTRODUCTION
Mahatma Gandhi's famous saying that "India
lives in villages" is still strongly relevant, with
70% of the population resident in rural regions
- nearly 30% of India's more than 930 million
telecom subscribers live in villages.
The Gramateller will help to cut costs by
helping banks set up ATMs instead of full-
service branches in areas where power supply
might be erratic or totally absent.
4. The Gramateller was a brainchild of the Indian Institute
of Technology (IIT), Madras (Chennai). Vortex founders
Vijay Babu and Lakshminarayan Kannan, both IIT
alumni, aimed at enabling small towns and villages, to
have a banking and ATM facility for the first time .
Vortex, a young Chennai-based company, could be
adding new energy to India's rural economic growth
with its award-winning solar-powered automatic teller
machines (ATMs). Called "Gramateller Indi"
("graamam" means "village" in Tamil)
5. State Bank of India, the country's leading
banking chain, has already ordered 300
Gramatellers; 19 other banks are using these
sun-powered cash venders in villages and
small towns. Rural India, considered the
backbone of the national economy, is
expected to overtake the urban market in size
by 2017
6. WORKING
• The Gramateller Indi, which need only about
five hours of good sunshine per day, use solar
panels to convert sun rays into electrical
energy; the electricity is stored in a battery
that runs 24 hours a day. The ATMs can
survive power fluctuations and have a built-in
battery back-up for four hours.
7. WORKING
• CHARGE CONTROLLER: limits the rate at which
electric current is added to or drawn from
electric batteries. It prevents overcharging and
protect against overvoltage.
:
•SOLAR PANNELS : A solar panel is a set
of solar photovoltaic modules electrically
connected and mounted on a supporting
structure. A photovoltaic module is a
packaged , connected assembly of solar cells.
8. WORKING
• BATTERY OR UPS: is an electrical apparatus
that provides emergency power to a load
when the input power source it stores
electrical energy n supplies to atm units n its
associated parts
14. ADVANTAGES
• Gramateller Duo is the best ATM option available
in the market for hassle free installation in non-
metropolitan urban and semi urban locations
• The small footprint, built-in backup, and not
requiring air-conditioning lowers the total cost of
installation of ATMs considerably
• Gramateller Duo can also be easily deployed
using Solar Power, in regions facing acute power
shortage
15. • Gramateller Duo is currently deployed across
almost all states of India and has proven its
reliability in the extreme conditions of deserts
as well as hill stations without any air-
conditioning
16. ACHIEVEMENTS
Technology Pioneer, 2011, by World Economic
Forum .
Gramateller Duo ATM—ideal for semi-urban
areas and priced at Rs 2.6 lakh onwards
Gramateller Indi ATM—ideal for rural areas and
priced at Rs 1.75 lakh onwards Less than a
decade
After they embarked on what seemed a hare-
brained scheme, Vijay and Kannan found
themselves in TIME magazine's 2011 list of "10
start-ups that will change your life".
17. HIGHLIGHTS &BENIFITS
• Built-in UPS for 4 hours (8 hours optional). No
need for additional UPS
• Consumes very little power – bring down
monthly electricity bills to less than Rs 600
• Does not need air-conditioning. Can operate
from 00C to 500C
• Lower total cost of ownership
18. • Very low operating expenses – low power
consumption & communication costs
• Patented “Sheet Separation Apparatus”
technology to dispense even teller grade
notes
• Electronic journal – saves paper
• Very compact – uses less space – save on real
estate cost of installation
19.
20. UNIQUE FEATURES
• The ATM runs on Linux, which is an open source
software, unlike conventional ATMs that run on
Windows for which licence has to be purchased.
• Other unique features include fingerprint-based
biometric authentication and the ability to
dispense soiled notes
• Gramateller's cash dispensing machine (CDM),
which is the heart of the ATM, accounts for a
large part of the innovation, which makes it less
power-hungry and cheaper — a basic Gramateller
model costs Rs 1.75 lakh, 1/4th the cost of a
conventional ATM.
21. • In conventional ATMs, the cassette, where
currency notes are stored, is vertical and requires
a spring or piston to push the notes when they
have to be dispensed but in Gramateller, this
cassette is horizontal.
• Ability to handle used and spoiled currency notes
• Sensors to detect and correct false dispensation
• Deposit acceptor with secure anti-fishing
mechanism
22. CONCLUSION
• A small startup, a frugal mindset and a disruptive
technology are shaking up the rural banking scene in
India, giving 300 million dwellers a chance to get a
bank account.
• In spite of a robust banking infrastructure and a
government aim to include the rural economy into the
mainstream, only 5 percent of 600,000 villages have a
commercial bank branch .
• The Vortex ATM looks no different from a conventional
machine.
• Inside, however, it was a completely new
mechanism.And on the top were the solar power cells
that enabled it to work in remote locations.
23.
24. PRESENTED BY
RITU RANI MANGAL
S S VENKAT ROHIT
S SUMA
SANJEEV KUMAR BHAKAR
GOUTHAMI SREE
S VIKAS