Grammateller

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GRAMMATELLER WORLDS LOWEST POWER CONSUMING ATMS

description

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

Transcript of Grammateller

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GRAMMATELLERWORLDS LOWEST POWER

CONSUMING ATMS

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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.

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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)

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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

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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.

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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.

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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

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PLANS

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SPECIFICATION,ADVANTAGES,ACHEIVEMENTS

SPECIFICATIONS:

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

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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

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• 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

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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".

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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

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• 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

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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.

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• 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

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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.

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THANK YOU

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PRESENTED BY

RITU RANI MANGAL

S S VENKAT ROHIT

S SUMA

SANJEEV KUMAR BHAKAR

GOUTHAMI SREE

S VIKAS