Home ECONOMY 39 more postal ATMs to come up in Odisha

39 more postal ATMs to come up in Odisha


Odisha Sun Times Bureau
Bhubaneswar, Jul 8:

After starting ATM services in Bhubaneswar, Cuttack, Puri, Rourkela and Sambalpur, Odisha circle of India Post has started work on setting up 39 more ATMs in the state.

postal atm

These 24×7 ATMs are very similar to other bank ATMs, but they facilitate transactions only for customers who have a savings account with India Post. Customers can apply for a postal ATM card if they have more than Rs 5000 in their account. The maximum withdrawal has been capped at Rs 40,000 a day.

It may be noted that the first Core Banking Solution (CBS) was started at Bhubaneswar GPO on December 1, 2014. So far, it has been expanded to 36 CBS enabled post offices. The inauguration of ATM services will give a new dimension to the CBS network of India Post.

“We are attempting to take postal services to each and every village by implementing hi-tech solutions and focusing on e-commerce. To broaden our presence, we are opening six new branches in the state every year. Out of the 1.55 lakh post offices in the country, 1.3 lakh are in rural areas. Out of the 8167 post offices in the state, we have 7570 offices in rural areas. As of now, we have 1.15 crore accounts in the Odisha circle and are planning to add seven lakh more accounts in the financial year 2015-16,” said Chief Post Master General Tilak Dey.

India Post is also starting a massive drive to educate people on the benefits of opening an account with it and planning to start a Rural Information Communication Technology (RICT) drive under Odisha circle.

Besides, while celebrating the six-day long ‘Digital India Week’ recently, it conducted an awareness camp at divisional and sub-divisional levels on account opening, Sukanya Samrudhhi Yojana and Postal Life Insurance.