india post products services
Download
Skip this Video
Download Presentation
India Post Products & Services

Loading in 2 Seconds...

play fullscreen
1 / 72

India Post Products & Services - PowerPoint PPT Presentation


  • 144 Views
  • Uploaded on

India Post Products & Services. Classification. Mail services Premium Products Financial services Retail services Philately. Mail Services. Types of Mail articles (Letters & Parcels). First 9 come under Letter category & 10 th under Parcel category. Types of Basic Mail Service.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' India Post Products & Services' - jerold


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
classification
Classification
  • Mail services
  • Premium Products
  • Financial services
  • Retail services
  • Philately
types of mail articles letters parcels
Types of Mail articles (Letters & Parcels)

First 9 come under Letter category & 10th under Parcel category

inland mail
Inland Mail
  • There are 10 classes of articles
  • First Class Mail
    • Letters
    • Inland Letter Cards (ILC)
    • Post Cards
  • Second Class Mail
    • Book Packets
    • Sample and Pattern Packets
    • Book Packets containing Printed Books
    • Book Packets containing Periodicals
    • Registered News Paper
    • Blind Literature Packets
    • Parcels
classes of mail
Classes of Mail
  • First Class Mails
    • Letters, Letter Cards and Post Cards
    • Free Air transmission wherever possible and advantageous
  • Second Class Mails
    • Other remaining articles
    • No free air transmission
    • Sender has to pay Air surcharge in addition to normal postage, if the article is to be sent by Air
    • Air surcharge (if airlift is required)
      • Up to 50 grams Rs.2
      • Additional 50 grams or part Re.1
modes of payment of postage
Modes of payment of postage
  • By affixing stamps
    • Postage Stamps
    • Service Stamps
  • Postage paid in the form of Franking impression
    • Departmental Franking Machine
    • Private Franking Machine
  • Postage paid in cash
    • CO has to give licence
  • License to post Without Prepayment of Postage (WPP)
    • Only for RNP
    • RO/CO has to give license
registration
Registration
  • More secured
  • Accountable
  • Deliverable to Addressee/Authorised Agents only under aquittance
  • Tracking facility available
  • Acknowledgement facility
insurance
Insurance
  • Covers all risk in course of transmission
  • In case of loss department pays compensation subject to certain conditions
  • Accountable
  • More secured
  • Tracking facility
value payable
Value Payable
  • System helps traders to recover the cost of goods supplied to their customers
  • Money collected sent to the sender through VP Money Order
evp system
eVP system
  • eVP system is a new service
  • Helps in e-commerce
  • Sender has to register for the service
  • Data of eVP articles flows in electronic format
  • Fast payment of amount to sender for articles delivered
  • Payment on articles delivered made to sender on receipt of data from delivery office, at booking office
  • MIS is available to all concerned
world net express wnx
World Net Express (WNX)
  • Unique International Express Delivery Service
  • Collaboration with Deutsche Post World Net (DPWN)
  • Documents & Parcels can be sent on courier mode
  • Service presently available in selected Post Offices
  • Maximum transit time of 4 days
  • Track & Trace facility www.worldnetexpress.com & www.indiapost.gov.in
  • SMS Tracking is also available
maximum specifications for wnx
Maximum Specifications for WNX
  • Shipment weight upto 250 Kg (Per piece 32 Kg)
  • Gifts – Rs. 25000 & Samples – Rs.50000 permitted
  • Max dimension 118 cm (L), 88 cm (W) & 120 cm (H)
  • WNX Boxes available for parcels (non documents)

(1 KG, 3 KG, 5 KG, 7 KG, 9 KG & 20 KG)

flat rate boxes salient feature
Flat Rate Boxes -Salient feature
  • Parcels can be sent safely through standardised packing
  • Charges will be based on weight of the packet and not on the distance
  • 1 KG, 2.5 KG & 5 KG boxes are available at Selected POs
  • Postage will be paid at the time of purchase of carton box
  • It also contains customs declaration form
  • Preprinted barcodes available as per UPU standard
flat rate box tariff
Flat Rate Box Tariff :

INTERNATIONAL

DOMESTIC

practice
Practice
  • Exercise 1.7.1
types of premium products
Types of Premium Products
  • Speed Post
  • Business Post
  • Express Parcel Post
  • Media Post
  • Greetings Post
  • Logistics Post
speed post features
Speed Post features
  • Fast, Time bound, assured delivery
  • Letters and documents up to 35 kg
  • Track & trace system
  • www.indiapost.gov.in
  • BNPL
  • free pick up
business post
Business post
  • One stop solution
  • Bulk customers, Banks, corporate offices
  • pre mailing activity
    • Collection of mails from the premises
    • Inserting/Enveloping
    • Gumming
    • Labeling
    • Addressing
    • Franking
express parcel post
Express parcel post
  • Corporate Customers on Contract
  • Maximum weight 35 Kgs
  • Time bound delivery at door step
  • Refund of charges if undelivered with in norms
  • Booking in speed post centres
  • Surface transport
express parcel retail
Express Parcel retail
  • Not a contractual service-all customer
  • Maximum weight limit 35 Kgs
  • No credit facility
  • Door to door delivery irrespective of weight
  • surface transport
  • Booking in speed post centres
media post
Media Post
  • Advertisements on Postal stationery

-Post cards, Pass books, Inland Letter cards, Letters, Aerogramme

    • Letter boxes
    • Mail vans ( Revised vide letter dt. 22.12.05 )
    • outside and inside the Post offices (decentralized vide letter dt. 8.12.05
greeting post
Greeting Post
  • Range of delightful cards
  • Prepaid Postage envelopes
  • Envelope contains multi coloured embossed stamps (miniature replica of the card)
  • 56 designs are available
  • Small size Rs. 14
  • Large size Rs.17
logistics post
Logistics Post
  • Large volume of parcels
  • Minimum chargeable weight 50 kg
  • Insurance is optional
  • Warehousing facility
  • Minimum charge for(delivery & pick up) consignment is Rs. 50.00 plus docket charge Rs 100
logistics post cont d
Logistics Post cont’d
  • Loading & unloading charge
    • free upto 500 kg
    • Above 500 kg Rs 1000 per ton
  • Tariff based on
    • Weight & volume
    • Volume 10 cubic feet or part = 50 kg
    • Additional cubit feet or part = 5 kg
    • Octroi/Toll tax,storage,demurrage fee are extra
retail services
Retail Services
  • Bill mail
  • Direct Post
  • Retail Post
  • e-Payment
bill mail service
Bill Mail Service
  • Financial statement, bills
  • Once in 90 days
  • Minimum 5000
  • Delivery within district
    • Advertisement allowed not exclusive publicity
    • Up to 50 gm-3.00
    • Additional 50 gm 2.00
national bill mail service
National Bill mail service
  • Financial statement, bills
  • Minimum 10000
  • Up to 50 gm- 5.00
  • Additional 50 gm 2.00
  • No credit
  • Fully sorted pin code, delivery PO wise bundle
  • Airlifted
  • Sent through speed post , EPP and parcel(on request at extra cost as for SP/EPP)
direct post
Direct Post
  • Unaddressed articles
  • Size should be of A3 size paper
  • Minimum 1000
  • Accepted in DPCs
  • Delivered in the area specified by the sender
  • Tariff: 20 gm local 1.50 intercity Rs 2.00
  • Additional 20 gmRs 1.00 for both
  • Discount 5% over 50000
retail post
Retail Post
  • Pension payment
  • Sale of Gold Coins
  • Sale of application forms- university forms etc.,
  • bills collection-TRC, Electricity, water bills
  • Railway Passenger reservation system
e payment
e-Payment
  • Many to one service-
  • Electronically consolidate the bill payment
  • PO collects bill payment for BSNL ,Airteletc
  • Issue receipt and account
  • Update the data in to central server
  • Consolidate the account electronically and pay to biller at his convenient point
  • MIS accessible to the biller through e web interface
  • Biller downloads the collection details
  • Biller can also upload the bills to the customer for payment at post office
e payment1
e Payment
  • Helps collection of utility bills for a biller
  • Billers can be at various levels – divisional, regional, circle, all India
  • Transfers data electronically from booking Post Offices to office of payment
  • Collection of bills through Point of Sale and payment to biller is through treasury module
  • Data of bills collected passed on to central server subject to certain conditions
  • MIS of all transactions available for monitoring; billers can also be given access to MIS site for extracting biller specific MIS
  • A secure network is in place to ensure safe transmission of data and to immediately arrest attempts to manipulate
  • RMFS and NPS transactions also handled
e post
e POST
  • Useful even for those who do not have internet facility
  • e Messages can be sent and received
  • Text & Scanned Messages
  • One to one / One to Many
  • Two types
    • Retail For A4 Rs.10
    • Corporate Rs.6
    • Credit facility for corporate customer
    • Prepaid cards available
  • e Massages will be deliverable either at address of the addressee or on his/her e Mail
practice1
Practice
  • Exercise 1.7.2
types of financial services
Types of Financial Services
  • Post Office Savings Schemes
  • Postal Life Insurance/Rural Postal life Insurance
  • Money Remittance Service
      • Money Orders (MO)
      • Instant Money Order (iMO)
      • International Money Transfer (IMT)
        • Money Gram – Money Transfer
        • Wester Union money transfer
        • MO Videsh
        • IFS MO
    • Electronic Clearance Service
    • Indian Postal Order
  • Mutual Funds
post office savings schemes
Post office Savings schemes
  • Accounts
    • SB, RD, TD, MIS, SCS, PPF
  • Certificates
    • NSC 5 yr VIII issue and 10 year IX issue
savings account
Savings Account
  • Opened through Cash Only
  • Minimum Initial Deposit Rs.20 Minimum balance: Rs. 50/- Max : No limit
  • Chequefacility
  • Interest @ 4% P.A.
  • Individual/Joint
  • Nomination Facility
recurring deposit account
Recurring Deposit Account
  • Period 5 years
  • Fixed Monthly Deposits (Denomination)
  • Min : Rs.10 Max : No Limit
  • Nomination Facility
  • Withdrawal Facility (only one)
  • Can be continued after 5 years
  • Rebate for advance deposits
  • Rate of Interest 8.40%
    • Rs.10 Denomination M.V. Rs.744.53
time deposit account
Time Deposit Account
  • Minimum Rs.200
  • Only one Deposit in multiples of Rs.200
  • Maximum – No Limit
  • Interest calculated quarterly - Paid Annually
  • 1 year 8.20%
  • 2 years 8.20%
  • 3 years 8.30%
  • 5 years 8.40%
monthly income scheme
Monthly Income Scheme
  • Min – Rs.1500 or in multiples of Rs.1500
  • Max –
    • Single - 4.5 Lakhs
    • Joint – 9 Lakhs
  • Nomination Facility
  • Monthly Interest Payable
  • Maturity – 5 Years
  • Interest – 8.40% P.A.
  • Post dated cheque/Automatic Transfer to SB A/c
15 year public provident fund a c
15 Year Public Provident Fund A/c
  • Min Rs.500 Max : Rs.100000/F.Y.
  • Deposits can be made in lump sum or in 12 Installments
  • Interest – 8.70% P.A.
  • Income Tax benefits
  • Loan Facility
  • Withdrawal Facility
  • Can be continued for a block of 5 years
senior citizen savings scheme
Senior Citizen Savings Scheme
  • Period – 5 years
  • Min Deposit – Rs.1000 Max: Rs.15 Lakhs
  • Age – 60 Yrs & above (55 yrs with conditions)
  • Interest @ 9.20 % p.a. payable quarterly
  • Nomination facility
  • Can be continued for 3 more years
  • Joint only with Spouse
5 year nsc viii issue
5 year NSC VIII Issue
  • Denominations
    • Rs.100, Rs.500, Rs.1000, Rs.5000 & Rs.10000
  • Maturity Period – 5 Years
  • Nomination Facility
  • No Limit for purchase
  • Income tax benefits
  • Can be pledged as security
  • Maturity Value – For Rs.100 Dn – Rs.151.62
  • Premature Encashment – Condition Apply
10 year nsc ix issue
10 year NSC IX Issue
  • New series of certificates introduced from 1.12.2011
  • Denominations
    • Rs.100, Rs.500, Rs.1000, Rs.5000 & Rs.10000
  • Maturity Period – 10 Years
  • Nomination Facility
  • No Limit for purchase
  • Income tax benefits
  • Can be pledged as security
  • Maturity Value – For Rs.100 Dn – Rs.236.60
  • Premature Encashment – Condition Apply
postal life insurance
Postal Life Insurance
  • Insurance scheme by the Central Government
  • Low Premium High Bonus
  • Eligibility
    • Central Government
    • Defence Services
    • Para Military forces
    • State Government
    • Local Bodies
    • Government-aided Educational Institutions
    • Reserve Bank of India
    • Public Sector Undertakings
    • Financial Institutions
    • Nationalized Banks
    • Autonomous Bodies
    • Extra Departmental Agents in Department of Posts
postal life insurance1
Postal Life Insurance

The following are also now eligible to take policy under PLI

  • employees engaged/appointed on contract basis by Central/State Governments,
  • employees of joint ventures in which Central/State Governments/public sector undertakings/Nationalised banks have minimum holding of 10%
  • members/employees of Credit Cooperative societies and other cooperative societies registered with Government under the cooperative acts and partly funded from Central/State governments/RBI/SBI/Nationalised Banks/NABARD
  • Employees of deemed universities and educational institutes accredited by recognised bodies such as NAAC, AICTE, MCI etc., and/or affliated to Universities/boards, etc
  • Employees of all scheduled commercial banks
  • other such institutions notified by the Government
plans available
Plans available
  • Endowment Assurance (Santhosh)
  • Whole life Assurance (Suraksha)
  • Convertible Whole Life Assurance (Suvidha)
  • Anticipated Endowment Assurance (Sumangal)
  • Joint Life Assurance (YugalSuraksha )
  • Children Policy
rural postal life insurance
Rural Postal Life Insurance
  • Scheme provides insurance cover to the rural public in general and benefit weaker sections and women workers of rural areas
plans available in rpli
Plans Available in RPLI
  • Whole life Assurance (Gram Suraksha)
  • Endowment Assurance (Gram Santhosh)
  • Convertible Whole Life Assurance (Gram Suvidha)
  • Anticipated Endowment Assurance (Gram Sumangal)
  • Gram Priya (10 Year RPLI)
  • Children Policy
money remittance services
Money remittance services
  • Money Order
  • Electronic Money Order
  • Instant Money Order
  • International Money Transfer Service
    • MO Videsh
    • Money gram International Money Transfer
    • Western Union money transfer
    • IFS
  • Electronic Clearance Services (ECS)
slide59
eMO
  • Transmission of money through electronic media
  • Connectivity through WAN wide area network or broadband internet
  • Unique PNR number for tracking
  • Intimation of payment to remitter from booking office
slide60
eMO
  • Essentially a mode of transmission – electronic through WAN for expeditious payment
  • Secure channel
  • Booking is done in Point of sale and payment through Postman module
  • eMO application used to authorise and print eMOs and perform allied transactions
  • eMO communication module (eMO client) exchanges data with central server
  • Facilities like one-to-many and many-to-one are added features
  • MIS reports of various categories for effective monitoring and tracking facility
instant money order
Instant money order
  • Speedy ,mobility, safety reliability
  • Instant web based
  • Minimum Rs1000
  • Maximum Rs 50,000
  • To remit payment-(TRP-1) to send money
  • 16 digit code
  • To make payment (TMP-1) for payment
  • Personal identity proof
  • Cash up to Rs 50,000
international remittances
International remittances
  • Service utilising the UPU/Eurogiro or Western Union financial services or moneygram
  • Both outward and inward remittances for personal needs under various services
  • Quick remittance process
  • Payment is made in Indian rupee
  • Service is targeted to NRI dependents and foreign tourists visiting India
mo videsh
MO Videsh
  • Outward remittance to foreign countries using the eurogiro platform
  • Remittances subject to RBI regulations
  • Minimum of 100 USD and max 5000 USD per transaction
  • Only personal remittances for specific purposes
  • This service is not available in POs on Saturdays & Sundays
  • Maximum of 30 remittances permitted in a year
ifs mo
IFS MO
  • Secure international financial system(IFS of UPU) used for money transfer
  • Currently only inward remittances from France and UAE are available
  • Two types of remittances – Urgent and normal
  • All eMO offices authorised to transact
  • Urgent IFS MOs can be paid at any office; Ordinary only through concerned delivery PO
  • Payment up to Rs. 20000 at residence through eMO
  • Above 20000 upto 50000 at PO in cash
  • Above 50000 at PO through cheque
wumt moneygram services
WUMT/Moneygram services
  • Western union money transfer
    • IndiaPost works as agent to offer this service
    • Only inward personal remittances
    • max per remittance USD 2500
  • Moneygram international remittance
    • Offered in partnership with Moneygram international inc USA through select POs
    • Only inward remittances for family maintenance and favouring foreign tourists
forex services
Forex services
  • Provided by India Post in partnership with HDFC bank
  • Facility available in select Post Offices
  • Services offered
mgnrega
MGNREGA
  • Account can be opened with zero balance (now categorised as Basic savings account)
  • Non-transferable and non conversion
  • No chequefacility
  • Deposits other than wage credits also allowed
  • Separate block numbers
  • Single account for a family
  • Joint A only-Husband/wife
  • Nomination facility available
mnrega cont d
MNREGA cont’d
  • Job card number, date of issue be noted on SB-3
  • Will not be treated as silent
  • Normal procedure in case of claims
  • If the name is deleted in the job card account to be closed with in 30 days
  • Interest payment-normal procedure
national pension system nps
National Pension System(NPS)
  • Any citizen of India age between 18-60 can join
  • Should comply with KYC norms
  • Two types of accounts
    • Tier I
      • A Non- withdrawal account
      • the Subscriber shall contribute savings for building a retirement corpus. This is mandatory.
    • Tier II
      • A voluntary savings facility
      • provides liquidity to subscribers,
      • Withdrawal is allowed
practice2
Practice
  • Exercise 1.7.3
  • Progress Test 1
ad