India’s Cash EconomyATM Transactions

Of all bank transactions

in Tier 1 cities are ATM

withdrawals25%

Is the average amount

users withdraw from ATM2700

500Is the most frequently

withdrawn amount due to

unavailability of Rs 100

notes at most ATMs

3.8times a user withdraws

cash from an ATM every

month

Majority of users

withdraw money

atleast 2-3 times

every month

ATM queues are

likely to be the

longest in October &

shortest in January

The spikes of this

armored dinosaur

reflect the start and

end of consecutive

months

The impact of salary

seems apparent in

daily trend across the

month

Maximum ATM

withdrawals happen

on Saturdays

ATM withdrawals

surge in the evening

peaking at 8 PM

Samrudhi BokadeBusiness Analyst

samrudhi@beewise.in

Taijas MalpaniHead - Business Intelligence

taijas@beewise.in

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