Overview of BIS Registration for Automatic Teller Cash Dispensing Machines

The Bureau of Indian Standards (BIS) has brought into effect the compulsory registration of all Automatic Teller Machines (ATMs) under its Compulsory Registration Scheme (CRS). The particular law for these machines is IS 13252 (Part 1): 2010. It has been enforced to such an extent that ATMs must be of superior quality, with high safety standards, and security to protect financial institutions as well as consumers from potential risk and cyber attacks. Foreign or local makers must take BIS Registration for Automatic Teller Cash Dispensing Machines so that they can sell or import ATMs legally in India.

An Automatic Teller Cash Dispensing Machine, or ATM for short, is an electronic bank counter from which customers can carry on financial transactions without the assistance of a human teller. They are an obligatory part of modern banking and provide 24/7 access to services like cash withdrawal, deposit, funds transfer, and checking balance. To be marketed in India, ATMs need to be registered with BIS under the Compulsory Registration Scheme (CRS) as IS 13252 (Part 1): 2010. Compulsory certification is aimed at ensuring ATMs are safe and dependable and meet national standards for the safeguard of consumers and financial institutions against electrical and cyber attacks. Domestic as well as international producers are required to get this license so that they would be allowed to import or distribute the products in the nation legally.

Important Pre-requisites of BIS Registration for ATMs

To get BIS registration, the applicants need to meet some primary requirements. The license is provided to the manufacturer alone, but never to importers and sellers. If a manufacturer has more than one production unit, then each of them will be required to get a different license. Even if a single license can be applicable to more than one model of an ATM, there should be one independent BIS registration number for each distinct trademark or brand.

Benefits of BIS Registration for Automatic Teller Cash Dispensing Machines

There are various benefits of BIS certification for ASTMs in India out which some are mentioned below: 

• Legal Approvals – Compulsory for the sale or installation of ATMs in India according to BIS standards. 
• Increased Security & Safety – Guarantees machines comply with electrical, mechanical, and data security standards.
• Dependability & Performance – Certified machines ensure precise and reliable cash dispensing.
• Easy Market Entry – Supports import, production, and country-wide distribution without hindrance.
• Customer Confidence – BIS mark guarantees banks and the users of the machine's quality and reliability.
• Lower Risks & Liabilities – Reduces the likelihood of operational failure, fraud, or compliance fines.
• Business Benefit – Banks prefer BIS-approved ATMs, enhancing sales prospects.
• Innovation & International Standards Support – Makes manufacturers conform to international quality standards while complying with Indian regulations.

Procedure to Get BIS Registration for Automatic Teller Cash Dispensing Machines 

BIS Registration for Automatic Teller Cash Dispensing Machines is a lengthy process that includes a number of considerable steps, which vary slightly for domestic as well as international producers.

Procedure for Indian Manufacturers

Indian producers can register directly through the BIS portal.

• Online Application Submission: The company begins by registering itself on the portal of BIS and completing the application form with all the details as required.
• Sample Testing: Samples of the product are forwarded to a testing laboratory that has been approved by BIS to be tested according to IS 13252 (Part 1): 2010. Testing confirms safety features such as electrical insulation, fire resistance, and functional performance.
• Document Uploading: The manufacturer uploads the test report and other documents on the BIS portal.
• Verification and Grant of License: BIS officials verify the application and test report. They grant the license for registration after they are satisfied with it.

Procedure for Foreign Manufacturers

Foreign manufacturers should have an Authorized Indian Representative (AIR) to represent them.

• AIR Appointment: The foreign producer must appoint an AIR as a part office in India or appoint a third-party firm.
• Online Application and Sample Posting: The AIR places the online application and organizes the posting of product samples to an Indian BIS-approved laboratory.
• Sample Testing: The ATM samples are then tested by the laboratory as per the standard adopted.
• Document Submission: The filled-in application form, test report, and supporting documents as required by BIS are submitted by the AIR to BIS.
• Verification and Grant of License: After proper document verification and test reports, the license is issued by BIS to the foreign manufacturer.

Documents for BIS Registration for Automatic Teller Cash Dispensing Machines 

These are the application documents:

• BIS application form (filled in properly).
• Construction Data Form (CDF) 
• Critical Components List (CCL).
• The manufacturer's business license, along with its scope and English translation.
• Manufacturer's ISO certificate.
• Product marking label information.
• Manufacturer authorization letter (in case the signatory person is not the head).
• Trademark Certificate
• Trademark Authorization Letter (if existing).
• Product technical specification sheet or user manual.
• For foreign companies, the company registration document of AIR in India.

BIS Registration for Automatic Teller Cash Dispensing Machines: Validity, Renewal, and Consequences 

The following are the validity, renewal, and consequences for BIS Registration for Automatic Teller Cash Dispensing Machines: 

• A BIS registration license for an ATM has a validity period of two years initially. 
• The manufacturers need to submit the renewal application before its expiry so that there will not be a break.
•  Renewal can be for a period not less than two years and not more than a maximum period of five years. 
• Failure to renew the license attracts a penalty.
• Non-compliance with BIS registration is a crime.
• The penalties may extend from monetary penalties to legal actions, withdrawal of the product, and prohibition of sales and importation. 
• This can ruin the reputation of the manufacturer in the market and cause huge economic loss. 
• The BIS mark gives assurance of safety and reliability, and without it, the product becomes non-conformant to regulatory norms for consumers and to banks as well.

BIS Registration for Automatic Teller Cash Dispensing Machines is a required and mandatory procedure for every manufacturer who wishes to enter the Indian market. The procedure, as stated in IS 13252 (Part 1): 2010, shows India's initiative to make electronic appliances reliable, high-quality, and safe to consume. By following the required procedures, presenting legitimate documents, and obtaining BIS-tested products from BIS-accredited test labs, manufacturers become lawfully market-eligible as well as build a pillow of consumer trust and brand renown. The BIS mark represents compliance and guards the banks and consumers against subpar and hazardous equipment.