The Department of Posts, in an
effort to provide enhanced solutions to its customers is all set to launch the
first Automated teller Machine (ATM) in Bangalore GPO premises shortly, through
a core banking solution.
Last year, the department of post had
announced that it has plans to set up 1,000 ATM centres at different post
offices across the country, with an aim provide better customer service through
IT enablement of business processes and support functions.Implementing new banking solution
enables postal department to offer all kinds of services that are offered by
private banks to more than 200 million post office saving bank (POSB) account
holders in 1.55 lakh post offices.
When CIOL enquired about the launch of
India's first India Post ATM, an official concerned with the Bangalore post
office said, on condition of anonymity, that the ATM facility will be launch
shortly with good features.He further added that the postal ATM
card enables POSB account holders to withdraw money from any bank ATM, provided
they have enough savings. POSB account holder need not rely
only on Post Office ATMs," he added.
Recently, TCS announced that it had
bagged a Rs 1,100 crore, six-year contract from the Department of Posts to
provide end-to-end IT modernisation program to equip India Post with modern
technologies and systems to enable it to serve more services to more customers,
in an effective manner.
The IT modernisation project dubbed
'India Post 2012' will help the department achieve a wider reach among the
Indian population through increased customer interaction channels and through
new lines of business.
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| Proposed ATM Counter at Bangaluru |
