The second ATM in Salem East Division was inaugurated at the Salem Head Post Office here on Friday.
E. Harikrishnan, Senior Divisional Operations Manager, Salem Railway Division inaugurated the facility in the presence of P. Arumugam, Senior Superintendent of Post Offices, Salem East Division and others.
This is the second ATM in the division by the Department of Posts after the first ATM was inaugurated in Attur recently.
The Department of Posts plans to set up 1000 ATMs at important post offices across the country by March, 2016. Of this, 86 ATMs are planned for Tamil Nadu Postal Circle. In Western region, five ATMs are functioning at Head Post Offices of Coimbatore, Erode, Salem East and Tirupur Divisions.
The Department of Posts will issue ATM cards free of cost only to account holders of Post Offices. Customers bearing savings account at the respective post office and having minimum balance of Rs. 50 can apply for the ATM card.
They can withdraw maximum of Rs. 25,000 a day and Rs. 10,000 per transaction. The service will be available for six working days from Monday to Saturday from 8 a.m. to 8 p.m. It is expected that the IT modernization project will help the department to achieve a wider reach among the Indian Population through increased customer interaction channels.
