Current Affairs

Internet Facility for Post Office Savings Bank Customers Launched

India Post has started internet facility for the customers of Post office savings bank account.
Internet Facility for Post Office Savings Bank Customers Launched
  • The facility was launched by Union Minister for Communication (independent charge) Manoj Sinha at National Media Centre, New Delhi.
  • Revamped version of Indian Post website and e-commerce portal for rural artisans were also launched at the event.

Facilities available to Customers:

  • Customers can transfer funds online from one Post office Saving Bank Account to other.
  • E-Commerce portal will provide an online market to rural artisans and Public Sector Units where they can sell their products.
  • Indian Post Service will provide a vast network for delivery of products over 1.5 lakh places.
  • Speed post service will deliver the products to the destination.
  • The online market provides return policy to the customers.
  • The Department of Post provides registration of sellers free of cost for the first six months.

About India Post:

  • India Post is a Central Postal System of Government of India that was founded on 1st April 1854.
  • It works under the Ministry of Communications of the Government of India.
  • The postal system of India is one of the widely distributed networks in the world. 
  • India is divided into 23 postal circles headed by Chief Postmaster.
  • Indian Post is providing its services in Philately, Army Postal Service, Electronic Indian Postal Order, Postal Life Insurance, Postal Savings, Banking, Data collection, e-commerce and Railways. 

Postal Stamps:

  • Postage stamps are PIN codes that are used to identify the location for post.
  • Stamps are used for postage and for certain services.
  • There are a variety of stamps produced in India with different themes.
  • The first stamp in Asia was issued in India in July 1852 by Bartle Frere.

PIN codes:

  • Postal Index Number is a 6-digit code of post office introduced on 15th August 1972.
  • Out of the total 9 PIN regions, eight PIN denotes geographical regions and one is reserved for Army Postal Service.

Question:

Q. India Post has started which facility for the customers of Post office savings bank account?
a. Over Draft Facility
b. Internet Facility
c. Debit Card Facility
d. None of the above
Internet Facility for Post Office Savings Bank Customers Launched Internet Facility for Post Office Savings Bank Customers Launched Reviewed by Inderjeet Virdi on December 17, 2018 Rating: 5

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