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Wednesday, February 25, 2009

Indian Post-IMO-Instant Money Order

Indian Post has launched a new Value-Added Service known as INSTANT MONEY ORDER. This Service was launched in 2006, and now covers 821 Post Offices throught India. Though 821 Post Offices, is a small number compared with 1,50,000+ Post Offices, this is a humble beginning.

Details are enclosed:

QUOTE

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Instant Money Order Service


* INSTANT

* SAFE

* RELIABLE

* CONVENIENT

* Up to RS.50,000/-

Instant Money Order (iMO) service of India Post is the instant on-line money transfer service that gives people speed, mobility, safety and reliability for his money transfer.


 IMO is an instant web based money transfer service through Post Offices (iMO Centre) in India between two resident individuals in Indian territory. 


One can transfer money from Rs.1,000/- to Rs. 50,000/- from designated iMO Post Offices. It is simple to send money as well as simple to receive money.


iMO Booking Procedure :


• Fill up the “To Remit Payment” (TRP-1) form and submit it with money at iMO Post Office Counter.

• iMO Counter clerk after booking the iMO immediately will give a printed receipt with computer generated confidential 16 digit iMO number in a sealed condition. Even the 16 digit iMO number will not be known to booking clerk.

• Customer is required to tear off the seal and convey the confidential 16 digit iMO number to the receiver over phone, SMS, e-mail, etc. at his means and risk.


iMO delivery Procedure


• Receiver to present the 16 digit iMO number at any designated iMO post office counter and will fill up and submit a “To Make Payment” (TMP-1) form along with a copy of his personal identity proof.

• Receiver can receive the payment in cash below Rs. 20,000/- and by cheque only if the amount is Rs. 20,000/- or more. He can also receive the payment through his post office savings bank account in the same iMO office.

Photo Identity


• Voter’s I-Card, PAN Card, Ration Card, Post Office Identity Card, Driving License & Passport with valid expiry date.

• In case the Photo I.-Card has a valid expiry date the same is to be mentioned in ‘To Make Payment’ (TMP-1) Form.

Tarrif

Remittance Commission

1000-5000 150

5001-10000 170

10001-15000 190

15001-20000 210

20001-25000 230

25001-30000 250

30001-35000 270

35001-40000 290

40001-45000 310

45001-50000 330

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UNQUOTE

More information can be accessed from http://www.indiapost.gov.in/Netscape/imofaq.htm


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All efforts have been made to make this information as accurate as possible, N Prashant will not be responsible for any loss to any person caused by inaccuracy in the information available on this Website. Relevent Official Gazettes Communications may be consulted for an accurate information. Any discrepancy found may be brought to the notice of N Prashant