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Postal office to install 75 ATMs by November-end, says official

Maharashtra postal circle aims to install 75 automated teller machines (ATM) by the end of this month, including two more in Mumbai region, a senior official said on Friday.

Out of 75 ATMs, which have been decided to be installed at different locations of the circle, 17 would be installed in Mumbai region, 17 in Aurangabad, 14 in Goa, 16 in Nagpur and 11 in Pune.

“We have successfully installed 11 ATMs across the circle so far, which are completely functional, and would install two more in Mumbai region by the end of this month,” said a senior postal official, adding the two ATMs would be installed at Dadar and Chinchbunder.

Currently, two ATMs each are functional in Mumbai, Nagpur, Goa, Aurangabad and three in Pune city.

“The ATM facilities would be launched shortly and the work of processing postal ATM cards is underway, to allow e-account holders to withdraw money from any postal ATM, provided they have enough savings.

“Customers can use any other Core Banking Solution (CBS) enabled facility to withdraw or deposit money into his/her account. Hence, a post office savings account holder from Mumbai can visit the post office with CBS facility in Pune, Goa, Delhi or Kolkata and use the ATM to withdraw or deposit money,” the official added.

In an effort to provide enhanced and value-added solutions to its customers, India Post had announced to set up 1,000 ATM centres at different post offices across the country as part of its massive IT modernisation project.

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