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Other Useful Premium Services


Corporate Money Order Service, is designed for remittance of high value of cash upto Rs. One Crore.

The service provides the facility for quick transfer of cash for the corporate and business clients who periodically transfer funds to their field formations and other authorities or individuals.

It is operated through computer – Satellite Network and where satellite channel is not available, is operated through computer-telephone-modem system.

Booking

For availing this facility, corporate & business client may apply to Chief Postmaster General, Maharashtra Circle. The following information should be furnished in the application :-

    1. Name of Company

    2. Registration Number of Company.

    3. Station from which C.M.O. is to be booked.

    4. Stations to which remittance is to be made.

    5. Approximate value of remittance/s per month
      and appropriate number/s of remittances per month.

On clearance of application, Corporate Money Order service number (CMS No.)  will be allotted to the client.

PAYMENT

The Postmaster of the Paying Office will issues a cheque for the amount advised by the office of Issue in the name of the payee named in the advice. An intimation will be sent to the payee on telephone followed by confirmation by post to attend the Post Office to collect the cheque.

SLAB

COMMISSION CHARGES

Rs. 5000/- to Rs. 1 lakh

 Rs. 200

Rs. 1,00,001 to Rs. 2 lakh

 Rs. 400
 Rs. 2,00,001 to Rs. 3 lakh  Rs. 600
 Rs. 3,00,001 to Rs. 4 lakh  Rs. 800
 Rs. 4,00,001 to Rs. 10 lakh  Rs. 1000
 Rs.10,00,001 to Rs. 20 Lakh  Rs. 1000
 Plus Rs. 25/- for every additional one lakh
 Rs. 20,00,001 to Rs. 50 lakh  Rs. 2000/-
 Rs. 50,00,001 to Rs. 70 lakh  Rs. 2500/-
 Rs. 70,00,001 to Rs. 100 lakh  Rs. 3000/-

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