In terms of percentage, the number of tickets booked through e Ticketing amounts to ten per cent of the nearly eight lakh tickets booked across the country per day. Mr Velu said that the opening of the ATM was part of an MOU signed between the Indian Bank and IRCTC which allowed the bank to provide railway tickets to the passengers through its ATM network in the country.
As per the MOU, signed in August last year, 34 e ticketing ATMs were are to be set up by the bak, of which it has set up 19 till now. ''The intention of introducing e ticketing is to reduce the rush for the booking of tickets on the railway stations. Moreover, it is a very convenient option for the customer as the process of booking takes a few minutes,''chairman and managing direct of the Indian bank M s Sundara Rajan said.
Mr Velu said plans were afoot to sign similar MOUs with other banks like the State Bank of India and the Union Bank of India to provide e ticketing facilities.