Canara Bank Inks Pact With Railways For Setting Up ATMs

Tiruchi: Canara Bank will be installing ATMs at eight Railway stations coming under the jurisdiction of the Tiruchi Railway Division. An MoU has been signed between the division and the bank in this connection. The bank''s Circle Office, Tiruchi will set up the ATMs at Tiruchi Fort, Tiruchi Town, Thanjavur, Kumbakonam, Adhiramapattinam, Aduthurai, Neyveli and Panruti stations. The bank has paid Rs 6.60 lakh as licence fee to the Railway authorities for the establishment of the ATMs. Apart from the eight locations, the bank also plans to set up ATMs at Tiruchi Junction, Pondicherry, Tiruvannamalai and Salem Town Railway stations.The bank had signed a similar MoU with the Madurai Railway Division a month back to set up ATMs at Dindigul, Palani and Pudukottai stations.