India's first post office savings bank ATM in Chennai

An official release said the T Nagar HPO ATM is the first in the country and "four more ATMs are ready for operations" in Delhi and Mumbai.

"It is proposed to install 1,000 ATMs across the country in 2014. Another 1,800 ATMs will be added in 2015," it said.

It added that Rs. 700 crore has been earmarked for implementing Core Banking Solution (CBS) for Post office Savings Bank. As on date, 51 HPOs and 11 Sub-post offices have "migrated" covering 64 lakh accounts.

By March 31, 2014, a total of 700 more post offices will be covered and all 26,840 post offices will be functional under CBS in another two years, it said.