Department of Posts plans to open 1000 ATMs

The Department of Posts (DoP) plans to open one thousand ATMs and bring all 25 thousand departmental post offices under core banking system by March this year. News agency PTI quoted a DoP official as saying this.

The official said DoP has already rolled out core banking system (CBS) in 12,441 post offices along with 300 ATMs. CBS will enable customers to operate their accounts, and



avail banking services from any post office on CBS network, regardless of where they maintain their account.

Regarding rural post offices, the official said all one lakh 30 thousand post offices would be provided with solar powered, biometric hand-held devices by March next year. Supply of these devices to about 20 thousand rural branch post offices will be completed by 31st March this year.