Guwahati: India Post sets up postal Finance Marts

By Staff
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Google Oneindia News

Guwahati, Dec 22: The Postal Finance Mart for financial services, investments, money transfer and insurance products was inaugurated at the Guwahati Head Post Office by the Secretary, Department of Posts, Government of India, Mrs Jyotshna Diesh here today.

Postal finance marts are one-stop-shops set up in select post offices all over India to offer to its customers the convenience of purchasing financial products like mutual funds, bonds, savings instruments, loan instruments and insurances among others in a state -of-art air conditioned ambience.

Addressing a gathering Mrs Diesh said that 142 postal finance marts have already been set up throughout the country and the target is to set up 162 more postal finance marts by March 31, 2007.

''Very soon postal finance marts will also be set up in 8 other major head post offices, namely Silchar, Dibruarh, North Lakhimpur, Tinsukia, Nagaon, Jorhat, Karinganj and Tezpur of Asom, ''she said.

Money Transfer Instruments, mutual funds, pension funds, saving instruments and insurance instruments have been introduced in the post offices as on date, she stated.

She also inaugurated an air conditioned Customers Care Centre for Postal Life Insurances (PLI) that has been set up on the Guwahati Head Post office here.

She disclosed that Assam Post has been registering an annual growth of 20 per cent in revenue on Premium Services such as Speed post, Business Post, Express Post and Media post every year.

During 2005-2006 revenue from Speed post, business post, bill mail service, express parcel post, e-Bill post, rental post like sale of passport application forms, UPSC examination forms, Guwahati University CEE forms was Rs 7.51 crores.

In 2006-07 revenue of Rs 4.96 crore has been achieved till October, 2006, registering 30 per cent growth over the previous year, she revealed.


UNI

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