Finance Guru Speaks: This article will provide you India Post Money Order Form.
 |
| Download Money Order Form |
Image Courtesy: India Post Website
Please share this article over social networks. For more Learning, Please visit "At A Glance" Section.
How To Transfer Money Instantly Using India Post Office Instant Money Order (iMO)?
Finance guru Speaks: Sending Money Order through India Post is still in use in small towns and rural areas where connectivity is a challenge.
 |
| INDIA POST - Instant Money Order |
This article will provide you details on how you can instantly transfer your Money Order using India Post. You might be familiar with the remittance procedure of Western Union. The concept is the same.
Using Instant Money Order (iMO), individual Indian residents can transfer their money (from Rs. 1000 to Rs. 50,000) through designated iMO Post Offices within India.
Booking Procedure (To Send Money) :-
- Visit iMO Post Office. Fill "To Remit Payment" (TRP-1) form and submit it with money at the Counter.
- Once the iMO is booked, you will get a printed receipt with computer generated confidential 16 digit iMO number in a sealed condition from the Counter Person. This 16 digit number is highly confidential.
- Tear the seal and inform this confidential 16 digits iMO number to the Receiver (that is the person whom you want to transfer the money). You can share this no. through SMS, Mobile Call, Email etc on your own risk.
Deliver Procedure (To Receive Money) :-
[FY 2014-15] - What Are The Current Interest Rates Of PPF, NSC, Post Office Schemes?
Finance Guru Speaks: This article provides current Interest Rates at which you can earn from several Small Savings Scheme for the current Financial Year (FY 2014-15).
 |
| Interest Rates FY 2014-15 for PPF, NSC and Post Office Schemes |
For more learning, please visit "At A Glance" Section.
How To Extend Your PPF Account?
Finance Guru Speaks: This article provides information on how you can extend your PPF account.
 |
| Public Provident Fund |
Also Read:
The investor can choose to extend the PPF with additional contributions or without fresh contributions. The rules for contribution to the extended account remain the same as during the 15 years. Once the choice is made for a block of five years, it cannot be changed.
Form Required: The investor has to submit Form H at the post office or bank where the account is held if he intends to continue with the subscription. The PPF Extension Form for SBI Bank is available at this link.
Form Required: The investor has to submit Form H at the post office or bank where the account is held if he intends to continue with the subscription. The PPF Extension Form for SBI Bank is available at this link.
Note: You can also download PPF Account Opening Form for SBI Bank from this link.
Choice of Extension: The choice to extend the PPF account with a subscription has to be made within one year from the maturity of the account. If this is not done, then by default the account is deemed to have been extended without further contribution for five years.
Benefits of Interest Earned: The interest earned during the extended period of the PPF continues to be tax-free. There is no limit prescribed for the number of extensions of five years that are allowed for an account. The benefit of extension is not available to the NRIs who open the account before a change in their residency status.
If you like my work, then you can support me by subscribing to my YouTube Channel - FINANCE guru SPEAKS, and sharing this article over your Social Networks. Thank you. ✌
How To Purchase Gold Coins From Post Offices?
Finance Guru Speaks: Yes, Gold Coins have some Post Office connections.
 |
| Purchase Gold Coins From Post Offices |
India Post has introduced gold coins with India Post logo for sale to customers across India. The gold coins are of the denomination 0.5 g, 1 g, 5 g, and 8 g of 24 carat with 99.99% purity.
The gold coins are manufactured by Valcambi, Switzerland and have the benefits of internationally recognized certification, quality packaging, product standardization, and assayer certificate. This facility is available in 630 Post offices across India.
Small investors are buying gold coins from post offices for obvious reasons. The gold coin prices are low as compared to many other suppliers. This makes the service very competitive and economical. Post office gold coins, with the low prices in the market, have been the preferred choice of small investors. Further, it is available at 630 locations and the Post Office is focusing on low-end denominations like 0.5 gm., 1 gm., 5 gm., and 8 gm.
Images Courtesy: India Post Website
If you like my work, then you can support me by subscribing to my YouTube Channel - FINANCE guru SPEAKS, and sharing this article over your Social Networks. Thank you. ✌
 |
| Purchase Gold Coins From Post Offices |
The gold coins are manufactured by Valcambi, Switzerland and have the benefits of internationally recognized certification, quality packaging, product standardization, and assayer certificate. This facility is available in 630 Post offices across India.
Small investors are buying gold coins from post offices for obvious reasons. The gold coin prices are low as compared to many other suppliers. This makes the service very competitive and economical. Post office gold coins, with the low prices in the market, have been the preferred choice of small investors. Further, it is available at 630 locations and the Post Office is focusing on low-end denominations like 0.5 gm., 1 gm., 5 gm., and 8 gm.
Images Courtesy: India Post Website
If you like my work, then you can support me by subscribing to my YouTube Channel - FINANCE guru SPEAKS, and sharing this article over your Social Networks. Thank you. ✌
Subscribe to:
Posts (Atom)