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Installation of Automated Teller Machines (ATMs)

Commercial Circular No. 1 of 2008 · 2008-03-31
Circularnfr-eauction

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Circular numberCommercial Circular No. 1 of 2008
File numberNo.2006/TG-I/10/P/ATM
Date2008-03-31
TypeCommercial Circular
Topicnfr-eauction
Official PDFindianrailways.gov.in

Summary

Installation of Automated Teller Machines (ATMs) Bank, Dena Bank, Indian Bank, Punjab National Bank and Union Bank of

Text of the circular

Government of India (Bharat Sarkar)
Ministry of Railways (Rail Mantralya)
Rail Bhawan

Yo ate ofa oo oh

No.2006/TG-I/10/P/ATM New Delhi, Dated: 2 -1-2008

The Chief Commercial Managers,
All Zonal Railways.

(Commercial Circular No. 1 of 2008)
Sub: Installation of Automated Teller Machines (ATMs).

Memoranda of Understanding were signed by Ministry of Railways
with Six nationalised banks i.e Bank of Baroda, Canara Bank, Dena Bank,
Indian Bank, Punjab National Bank and Union Bank of India for installation
of ATMs at various locations. Instructions in this regard issued vide this
office letter of even number dated 7-12-2006 (Commercial Circular No. 104
of 2006) may please be connected. As per MoU, 12 month time period was
given to these banks for installation of these ATMs along with e-ticketing
kiosks at selected locations. This time period has expired on 22.11.2007.

These Banks, while quoting a number of difficulties encountered by
them in installation of ATMs, have requested to extend the validity of the
MoU by another six months.

The matter has been reviewed and it has been decided to extend the
validity of the MoU for installation of ATMs by Bank of Baroda, Canara
Bank, Dena Bank, Indian Bank, Punjab National Bank and Union Bank of
India upto 31.3.2008. Zonal Railway may take all necessary steps to ensure
expeditious installation of ATMs as per terms and conditions mentioned in
the MoU and standard agreement.

Le
(Sanjay Manocha)
Dy. Director Traffic Commercial (G)-II

Railway Board.

My Documents/A1M/Letter 2007 24

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