..........The recyclers, according to the bank’s request for proposal, will also have bunch note accepting and dispensing capabilities, with a minimum capacity of 200 notes at a time and accepting/ dispensing all rupee denominations — 50s, 100s, 500s and 1,000s. The machine will be able to recognise the year of issue of the currency and can be configured in a way that while currency printed in or up to a certain year may be accepted (or rejected) by the machine, it may not be dispensed. For customers who are not tech-savvy and uncomfortable using a PIN for transactions, the cash recyclers will come with biometric authentication capability, with a fingerprint reader, according to Aadhaar specifications.......
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