Preparations are being made to provide big facility to the post office account holders soon. Such people will get the facility to use NEFT and RTGS facilities under the supervision of the Ministry of Communications. This will make it easier for the account holders to do digital transactions. As per the official notice released by the department, this facility will be available from May 31, 2022.
This is in relation to the rollout of NEFT and RTGS facility for PoSB accounts, which is being made operational from May 31 for PoSB account holders, the official statement said. These facilities have been introduced to lay down a standard operating procedure and introduce a standard accounting procedure for the end users of the post offices, it said.
The availability of NEFT and RTGS facility to the POSB account holders will also be given wide publicity through notice boards and notice boards of all post offices in public areas. So that people can know about it and they can use it easily.
Fee for using RTGS and NEFT
Rs 2.50 + applicable GST for transactions up to Rs 10,000 + Rs 5 applicable for transactions above Rs 10,000 and up to 1 lakh + GST applicable Rs 15 + GST applicable for transactions above Rs 1 lakh and up to 2 lakhs For transactions above Rs.25 and up to a maximum limit of Rs.25 + GST
It is worth noting that many such facilities are provided to the people in Indian post offices, so that people can easily take advantage of those facilities sitting at home. These facilities include balance checking, account related work and more. However, now with the introduction of this new facility, digital transactions will be able to be done easily.