India Post delivers ₹412 cr. cash in doorstep banking revolution.

The lockdown has set off a banking revolution. Irrespective of which bank you have an account with — in a city or a village without a branch—you can call the local post office and ask it to deliver cash. In as little as 10-15 minutes, the postman or postwoman will reach your home. For this, you need not have an account with the post office.

Between March 24 and April 23, post offices across India delivered Rs 412 crore in over 21 lakh such transactions, mostly in rural and unbanked areas, through a network of 1.36 lakh post offices which have been equipped with 1.86 lakh handheld AePS devices.

[Courtesy : Times of India.com dt. 25-04-2020]