Postal savings account holders in Odisha can now avail of ATM services. India Post is all set to start eight automated teller machines (ATM) in different towns of the state soon.
"The ATM facilities will be initially available in eight head offices including Bhubaneswar, Cuttack, Rourkela, Dhenkanal, Aska and Berhampur. Later, it will be extended to sub post offices. The ATMs are expected to be operational in the next three to four months," said director of postal services P K Singh. This is a part of the core banking core banking system (CBS) project, he said.
"All post offices in the state will be connected under the core banking project by 2015," Singh added. There are a total of 8,200 post offices in Odisha with as many as 1 crore 10 lakh account holders. The department has been issuing ATM cards to postal savings bank account holders through which they can withdraw money.
The postal department has also plans to link the Postal Life Insurance service with the core banking scheme so that people can pay their premiums online and check the status of their policies. The department will also roll out core insurance solutions.
India Post, Odisha circle, has also announced to organize the 9th state level Philatelic Exhibition — ODIPEX-2014 — from August 22 to 24 in the city where about 140 philatelists from across the state will participate.
Very rare stamps of great value of national and international importance and awarded philatelists and that of school students based on various aspects of philatelic rules will be displayed at the exhibition. Six beautiful special covers depicting culture and heritage, wildlife and progress of Odisha will be released on the occasion.
"The main attraction of the event will be 'My Stamp' in which one can have his own photo and logos of institutions or images alongside the selected commemorative postage stamps. Twenty stalls by the stamp dealers will be put up where rare stamps and stationary of India and foreign countries with philatelic value will be available," said chief postmaster general of Odisha circle Tilak De.
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