Hyderabad, July 5:
In a joint initiative between India Post and State Bank of India, point-of-sale (POS) machines will now start functioning at post offices in Andhra Pradesh and Telangana. Inaugurating the service at the General Post Office, Hyderabad, Chief Postmaster General BV Sudhakar said “turant seva” initiative enables services like booking a speed-post delivery, paying insurance premium, and even withdrawing small amounts of cash, in 108 post offices across AP and Telangana.
The “turant seva” counters in post offices, soon to be introduced in the rest of the 2,400-odd post offices in both States, will have the added functionality of booking TTD darshan tickets through credit or debit cards from any bank. Cash withdrawals from these POS machines, termed “chhota” ATMs, are capped at ₹1,000 over three transactions per card per day.
“India post is now technologically driven,” said Sudhakar, speaking about India Post’s new initiatives in Mobile and Electronic Money Orders, wherein money orders will directly be credited to the recipient’s savings account, thereby reducing the hassle of going to a Post Office to collect the money.CR Sasikumar, Deputy Managing Director, State Bank of India, inaugurated the “MyStamp” series. Through “MyStamp”, a customer can buy stamps featuring his own photo as an alternative to stamps featuring Gandhi or Tagore, said Sudhakar. The stamps are priced at ₹300 for a sheet of twelve stamps. India Post also released a set of envelopes commemorating the golden jubilee of State Bank of India, Hyderabad circle.
Courtesy:http://www.thehindubusinessline.com
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