Latest Posts


Thursday, April 23, 2015

Use postal ATMs to withdraw money

Soon, city residents can use postal ATMs to withdraw money not only from their postal savings account, but from any bank account.
This will be possible once the Reserve Bank of India (RBI) permits the proposal to have postal Automated Teller Machines (ATM) interoperable where postal customers could use debit cards of other banks.
Earlier this week, the Department of Posts had opened two more ATMs at St. Thomas Mount and Mylapore post offices.
The first postal ATM was opened in T. Nagar post office last year.

No comments:

Post a Comment