Automatic Teller Cash Dispensing Machines (ATMs) are ubiquitous fixtures in the world of modern banking and finance. These self-service devices have revolutionized the way people access their money and perform financial transactions. ATMs allow account holders to withdraw cash, check their account balances, transfer funds, and conduct various other banking operations without visiting a physical bank branch. They are available 24/7, making them highly convenient for individuals who need access to cash or banking services outside of regular banking hours.
ATMs work by connecting to a secure network and verifying the user's identity through a combination of a magnetic stripe card and a Personal Identification Number (PIN). Once authenticated, the machine dispenses the requested cash amount, providing quick and convenient access to funds. In addition to enhancing banking accessibility, ATMs play a critical role in reducing long queues at bank branches and improving overall banking efficiency. They have become an essential part of the modern financial landscape, offering convenience and accessibility to millions of people around the world.
IS 13252 (Part 1): 2010 is an Indian Standard that specifies the safety requirements for Automatic Teller Cash Dispensing Machines (ATMs). Adhering to these standards is essential to reduce the risk of accidents and ensure the security of both the machine and the user. Adherence to these standards enhances consumer trust in the security and reliability of ATMs. These standards ensure that ATMs are designed and manufactured to meet the safety and security requirements set forth by regulatory authorities. Manufacturers need to adhere to these standards to ensure that their products are legally compliant.
Note: Manufacturers of ATM machines are required to obtain the mandatory BIS/CRS Registration to launch their products in the Indian market.
BIS/CRS Registration ensures that ATM machines entering the Indian market are subjected to comprehensive evaluation, confirming their compliance with stringent quality and security standards set by the BIS. This registration offers assurance to consumers, manufacturers, and regulatory authorities that these ATM machines are not only reliable and free from defects but also contribute to the availability of safe and efficient banking solutions in the Indian market, upholding necessary security and quality standards and ensuring the integrity of financial transactions.
Bureau of Indian Standards is a statutory body in India responsible for the formulation and implementation of standards to ensure the quality and safety of various products. Under the BIS framework, there exists a scheme called CRS (Compulsory Registration Scheme), which mandates that certain categories of products must undergo mandatory registration and comply with specified quality and safety standards before they can be sold in the Indian market. This scheme was established in 2012 and has since played a crucial role in enhancing product quality and safety in India by ensuring that items such as electronics, appliances and automotive components meet the necessary standards before they reach consumers. BIS/CRS Registration is vital for market access, as it is a legal requirement for selling the product in India. Failure to obtain this registration can result in confiscation of goods and legal consequences. Therefore, manufacturers and importers need to be diligent in ensuring their products meet the necessary criteria.
The list of documents required for BIS/CRS registration is as follows:
Follow the given steps to complete your BIS/CRS registration process:
Brand Liaison provides valuable support in obtaining the BIS/CRS Registration for ATM machines. Our services include:
For a more in-depth understanding of the documentation and procedures involved in obtaining BIS/CRS Registration, feel free to connect with our team of experts at +91-9250056788 or +91-8130856678.