India Posts has introduced new post office automated teller machines (ATMs) at two locations in the country’s capital city, Delhi.

The move by India Posts is part of its core banking system (CBS) project, under which it plans to open 2,800 ATMs by March 2015.

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India Communications and IT Minister Kapil Sibal said the initiative is part of modernisation project under which around 160,000 post offices will be equipped with core banking system by 2015.

The department is now issuing ATM cards to postal savings bank account holders, who can use the cards to withdraw money.

India Posts Delhi Circle chief post master general, Vasumitra, said the ATM will serve only Post Office customers for first six-eight months.

"After that we will link it with ATMs of other banks. Thereafter customers of any bank will be able to withdraw money and our customer will be able to use other ATM," Vasumitra added.

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In Delhi, the department will add 86 more ATMs by the end of March 2014 and around 600 by 2015.