1.  INTRODUCTION
Punjab National Bank is in the process of creating a large network of ATMs in
partnership with Companies willing to provide prominent space, install ATMs;
take active interest in increasing number of transactions on these ATMs and also
to take care of ATM maintenance besides development, upkeep and security of
the site. The scheme is based on Revenue Sharing Model. The entity deploying
ATMs hereinafter called “Participant” shall get revenue on per transactions basis
as defined in REVENUE clause.