IOB to set up 75 ATMs in I-T Dept premises

Indian Overseas Bank will set up 75 ATMs in the premises of Income-Tax Department in different locations. These ATMs will come up in the Ayakar Seva Kendras (ASKs) of Income-Tax Department.

Speaking on the sidelines of the inauguration of the ASK in the premises of Income-Tax Department in Mangalore on Monday, Mr M. Narendra, Chairman and Managing Director of Indian Overseas Bank (IOB), said that the bank will set up 75 ATMs in various ASKs in the country in the next few months.

The first such ATM was inaugurated in Mangalore on Monday. He said the bank had made a request to the Central Board of Direct Taxes to set up ATMs in the premises of income-tax department in the country.

The department has made available sites for setting up of IOB ATMs in 15 locations in the country. As and when the department makes available sites, the bank will set up its ATMs in other locations also.

The bank hopes to complete the installation of ATMs in the remaining locations in the next three to four months, he said.

vinayakaj@thehindu.co.in