Cash will not be deposited in ATMs located in villages of the state after 7 pm and in cities after 9 pm and it will not be transported. Along with this, the system has also been implemented that the van carrying cash should be of special design. It should not carry more than Rs 10 crore cash at a time. The presence of trained armed guards will be mandatory in the van carrying cash.

The state government has made new rules regarding cash transactions and transportation by private agencies. This rule has been named Madhya Pradesh Private Security Agency (Private Security for Cash Transport Activities) Rules 2024.

This includes the process of carrying bank notes, coins, credit cards, debit cards or other valuable items from one place to another and putting it in an ATM machine.

The government will provide security only if there is a license.

The rules made by the Home Department state that no security will be given to any agency unless a license is taken under this Act. It also says that any private security agency or cash transport agency will use a specially designed cash van.

No taxi or hired vehicle will be used to transport cash. It also says that if a private security agency does not have currency vault services, and can provide assistance in remote areas under tight security of local police, then currency can be transported in other vehicles apart from specially designed vehicles.

The vehicle carrying cash will include the driver and two armed security guards and two people including the ATM officer or custodian. If more force is needed for the security of cash, they can also go along. It has also been clarified that one of the two armed guards will sit next to the driver in the front and the other will sit with the cash amount.

Before appointing a person for private security transport, it will be mandatory to take NOC from the police about him. The place of residence of such persons will also be verified and for this verification will have to be done using their own means. The concerned person will have to live in the concerned residential area for at least three years.

For the appointment of a private person, information will also have to be taken from the place where he was previously appointed. Provisions have also been made in the rules for Aadhaar verification of such persons.

It will also be necessary to take reliability insurance of all these employees. GPS will be mandatory in the vehicles in which cash will be transported.

If more than ten lakh rupees are being carried, there will be armed guards. It will also have to be kept in mind that no van will transport an amount of more than five crore rupees at a time and if more than ten lakh rupees are being carried, it will be necessary to have a safe vehicle. In urban areas, the work of keeping or transporting any cash in ATMs will not be done after nine o'clock in the night. In rural areas, this work will not be done after seven o'clock in the evening.