Country's first Post Office Savings Bank ATM opened at T Nagar HO (Chennai) on 27/2/2014
In order to meet the requirements and needs of the I.T modernization project, Infosys Core banking Solution (CBS) will be implemented across India covering all the Post offices.
Core Banking Solution (CBS) - FINACLE is networking all the Post offices which enable customers to operate their accounts and avail Account related services from any Post offices on CBS network regardless of where he/she maintains his/her account. The customer is no more the customer of a particular Post office. He becomes the Post office Savings Bank (POSB) customer. Thus CBS is a step towards enhancing customer convenience through “Anywhere and Anytime Banking”. As Finacle is integrated to all the banks in course of time, the customer can access any bank account through post office.
|Hon'ble Union Finance Minister addressing to gathering|
|Shri S. Samuel, Sr. Postmaster, T'Nagar HO with his POSB ATM card|
|Secretary (Posts) and other Postal Offiers in Press Conference|