National Financial Switch

National Financial Switch

Operating area	India
Members	101 Direct Members 776 Sub-Members 56 RRBs 8 WLAOs
ATMs	237000
Founded	27 August 2004
Owner	NPCI

National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India.^[1] It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking. It is run by the National Payments Corporation of India (NPCI). As on 31st January’ 22, there were 1,203 members that includes 111 Direct, 1,045 Sub members, 43 RRBs and 4 WLAOs using NFS network connected to more than 2.55 Lac ATM (including cash deposit machines/recyclers).