Vakrangee owns the license from RBI to set up and manage White label ATMs, enabling real-time cash withdrawals. Today, we are the 3rd largest White Label ATM players in India. Overall, Vakrangee is the 13th largest ATM operator in India, However, in rural India, it is the 3rd largest ATM operator. Over 2/3rd of our Vakrangee ATMs are in rural India.
Through our vast network of Nextgen Vakrangee Kendras, we provide every citizen the facility of ATM at every Nextgen Vakrangee Kendra. Our purpose is to provide a reliable network of ATMs that helps the population to undertake the basic financial and non-financial transactions.
| Sr No. | Operating Cost | Vakrangee | Peers |
|---|---|---|---|
| 1 | Rent Expense |  |
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| 2 | Civil Work & Interiors | |
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| 3 | Internet Connectivity | |
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| 4 | Cash Management Charges | |
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| 5 | ATM Operational Costs | |
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| 6 | Security Guard | |
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