Kumari Palany & Co

Use postal debit cards to withdraw cash from Automated Teller Machines

Posted on: 23/Feb/2016 10:29:10 AM
Mervin Alexander, postmaster general (Chennai City Region) said In six months, those having accounts with post offices can use their postal debit cards to withdraw cash from Automated Teller Machines (ATM) operated by banks too.
 
Charles Lobo, chief postmaster general, Tamil Nadu circle, inaugurated ATM facility at the Park Town head post office on Monday. Charles Lobo, chief postmaster general, Tamil Nadu circle, inaugurated the ATM and distributed debit cards.
 
Mervin Alexander, postmaster general (Chennai City Region) at the function while speaking said that once the facility of interoperable ATMs are in place, bank customers can withdraw cash from ATMs at post offices too, Officials of the postal department say that such cards were given to those who maintain a minimum balance of Rs. 500. Steps are being taken to create more awareness about postal ATMs among customers.
 
Customers are likely to soon enjoy the benefits of net banking with the department now operating it on a trial basis. Post offices in the Chennai north division are conducting a campaign to get residents, especially autorickshaw drivers and vendors in the Park Town area, to take up Pradhamar Natchathra Paadhukappu.