Now, postal department's financial services at a mouse-click

The financial services of the postal department , including Post Office Savings Bank and Postal Life Insurance, will henceforth be available online, P. Gopinath, secretary, Posts, said Wednesday.

Gopinath was here to inaugurate the new building of DLF Qutub Enclave Phase-I Post Office.

Gopinath informed about the ambitious IT modernisation project, wherein all the services provided by post office will be available on an IT-based platform.

"The Core Banking Solution (CBS) implementation is already under progress and day by day, post offices are being migrated to the new CBS platform," she said.

"CBS has already been rolled out in 27 post offices of six states -- Tamil Nadu, Karnataka, Maharashtra, Rajasthan, Delhi and Uttar Pradesh. Further, the department is setting up 3,000 ATMs, of which 1,000 are projected to be installed by the end of 2014," she added.

Speaking on the occasion, Kalpana Tewari, Member Planning, Postal Services Board, said Gurgaon was the most developing city of the National Capital Region and the Department of Posts is committed to provide better postal facility in the area. 

Source : http://www.business-standard.com