Grammateller

Post on 26-May-2015

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a detailed description of the world most efficient method to draw cash whenever required for emergency purposes on any given day

Transcript of Grammateller

GRAMMATELLERWORLDS LOWEST POWER

CONSUMING ATMS

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.

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)

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

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.

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.

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

PLANS

SPECIFICATION,ADVANTAGES,ACHEIVEMENTS

SPECIFICATIONS:

Height: 1,500 mm Width: 540 to 600 mm Weight: 200 to 400 kg

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

• 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

ACHIEVEMENTSTechnology 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".

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

• 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

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.

• 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

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.

THANK YOU

PRESENTED BY

RITU RANI MANGAL

S S VENKAT ROHIT

S SUMA

SANJEEV KUMAR BHAKAR

GOUTHAMI SREE

S VIKAS