India's First Virtual ATM

No need to visit ATMs/Banks to Withdraw Cash

Collect your Cash from Next Door Shop

Its Fully Secured, Use your Smart Phone for Cash Withdrawl

Partnering banks

  1. Live

  2. Got RBI Approval
    Agreement signed
    Expected to go live
    by 29 Feb 24

  3. Got RBI Approval
    Agreement signed
    Expected to go live
    by 29 Feb 24

  4. Got RBI Approval
    Agreement signed
    Expected to go live
    by 29 Feb 24

  5. Got RBI Approval
    Agreement signed
    Expected to go live
    by 30 Apr 24
More banks coming soon.....

How to Use

This process as shown in video is just indicative process. However, the process of transaction may differ from Bank to Bank

Merchants in all over INDIA



Get a VATM Cap on first transaction.

About Us

Paymart India Pvt.Ltd , promoted by Veterans and Professionals from financial and banking sector having more than a total of more than 100 years of experience.

Paymart is poised to become India's first Virtual ATM -

Paymart is RBI regulated Full Fledged Money Changer authorized to deal in business of Foreign Currency and Inward remittance.

Paymart is committed towards Financial Inclusion in the Country and undertakes Digital Literacy Programms in association with various banks in rural parts of Country.

Management Team

Amit Narang

Founder & CEO

1. Post Graduate in Commerce and MBA with specialization in Finance.

2. A Serial Entreprenuer with 30 years exposure in financial sector across multifunctional domains of e Wallets, Digital Transactions, Foreign Exchange, Remitrances,Deposits, Insurance . Merchants Network and now in Virtual ATM.

3. Out of his 30 yrs experience, he served with reputed companies at senior positions for 23 years. In his stint of 7 years of entrepreneurship, His First StartUp - FX Mart was acquired by Flipkart in 2015-16 and now rebranded as Phone Pe

4. Now, in his second startup - Paymart is first company in India to introduce and launch India'sFirst Virtual ATM - | +91-9915876860

Surinder Singh Bedi


1. Retired from Reserve Bank of India after serving for 40 Years

2. Headed various departments across India like FED, Currency Department, Dept of Banking Operations and Urban Banking Department

3. Also deputed at RBI training Centers at Chennai, Mumbai & Pune

4. He remained RBI Nominee Director on various Gramin Banks

G C Pande

CO Founder

1. An IITian, Ex-General Manager of State Bank of India(37 years in SBI)

2. Ex-Chairman of Madhya Bharat Gramin Bank, Ex-Country Head of SBI for Philippines

3. Ex-GM & Principal of State Bank Institute of Rural Development, Hyderabad for 3 Years

4. Designed and launched the social media banking transaction platform 'SBI Mingle'. Ex-GM (IT) – in Charge of Social Media, Data Warehouse & Business Intelligence Department.

5. Ex-BoD Member of BIRD (NABARD), Lucknow

6. Ex. Sr. Vice President of BASIX Social Enterprise Group, Hyderabad

Mr. Suvir Chopra

IT & Operations

1. As GM-IT, responsible for IT Delivery and Operations at Paymart.

2. B.E.(Hons) Electronics, MBA ( Marketing), LLB with 29+ years of experience I leadership positions at Apollo Munich Health Insurance, IBM India, Reliance Communications and Punjab Communications.

3. Telecom, BFSI and IT services experience cutting across Enterprise architecture, IT Infrastructure and Application design & maintenance

4. Experience in setting up green field delivery and steady state operations.


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