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First ATM for world’s 2nd coldest inhabited place in Kashmir

SRINAGAR, July 18: The second coldest inhabited place in the world, Drass town in Jammu and Kashmir, got its first automated teller machine (ATM) on Wednesday.

The ATM has been installed on the main highway of the township ringed by barren mountains by state-owned Jammu and Kashmir Bank.

The outlet was inaugurated by the bank’s executive president, Tafazal Hussain. “Our expansion plan is focused on delivering banking services at people’s doorstep regardless of where they stay,” Hussain said.

He said the bank will be opening more branches and ATMs in the Ladakh zone in the coming months.

Drass is known to be the second coldest inhabited place in the world after Siberia and the minimum temperature during winter can drop to as low as minus 35 degrees Celsius.

The town served as the base camp for the Indian Army during the Kargil war in 1999.

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