Business Economy


Department of Posts revamps its 887 ATM infra to improve accessibility in rural areas

New Delhi, Jan 20 (UNI) The Department of Posts has revamped its ATM infrastructure across the country with an aim towards making banking services more accessible and user friendly.
Installed at various post offices, these 887 ATMs are helping citizens access essential banking services close to their homes.
The initiative is especially beneficial for people living in rural, and underserved areas, thereby supporting the Government’s vision of ensuring financial inclusion through digital transformation, Ministry of Communications said in a statement.
Through these ATMs, customers can conveniently withdraw cash, check account balances, and carry out other basic banking transactions, it added.
With interoperable functionality, India Post ATMs support transactions for cards of other banks. Similarly, India Post ATM cards can be used at ATMs of other banks, giving customers flexibility and wider reach.
Post Office Savings Bank (POSB) account holders can withdraw cash, check account balance and avail themselves of other essential banking services at these ATMs.
The restoration of ATM services would ensure seamless service delivery to the customers where post offices serve as vital financial access points.
Recently, the Department of Posts (DoP) had said that it will double its ATM network in India to 2,000 in the ongoing financial year (FY26).
The expansion is likely to increase financial access, especially in rural and semi-urban areas where India Post has a strong presence.
UNI VK SAS RN
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