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Post offices will soon provide banking services in rural areas

Post offices will soon provide banking services in rural areas

Wednesday June 24, 2015 , 2 min Read

Post offices are being revamped and modernised to provide banking services in rural areas, Union Minister Sanwarlal Jat has said.


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The government is committed to provide banking services through modern post offices in rural areas in which customers would get ATM, E-post, pension account, core banking and money transfer facilities, the MoS for Water Resources, River Development and Ganga Protection said.

Jat also inaugurated a modern sub-post office in Ajmer. He added that a Postal Training Centre would be opened in Ajmer for which he would initiate the matter to acquire land with District Collector and other authorities.

The most widely distributed postal system in the world, as of 2011, the there were 154,866 post offices in India, of which about 90% were in rural areas. At the time of independence, there were 23,344 post offices, primarily in urban areas. Since then, the network has registered a sixfold growth, with the expansion’s focus primarily in rural areas.

India’s postal department is one of the primary drivers of government-driven rural innovation in India.

Image Credit – Wikipedia


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