Postal Bank at your doorstep. Col Lamba

[09/06 5:10 pm] Col Lamba: Postal Bank at your door step. The idea is Good .But implementation requires stringent safety & security requirements.
1)The cash transactions by single postman will encourage age old Bakshish from old & widows .
2) The safety of PIN will be at stake & in most cases it will be by postman for people above 75 years (Eye Sight problems)
3)Risky for postman to carry cash in lacs.
4) Bad elements can do loot of postal man

Recommendation
1) Make it mobile bank Van. With a driver .gunner cashier & postal man
2) Mini swipe machine should be portable .
3) It should be handed over to pensioner at doorstep.
4) Pensioner should do swipe action & collection of cash inside His/ her room
5) Mini machine should have safe txn limit say Rs 30000/
6) Cashier should do all receipt & payments on line
7) Details of txn should be given by SMS immediately.
8) Mini mobile bank van should not carry more than 10 lacs at a time (Safety )

Col Lamba (one man army )
[09/06 5:12 pm] Col Lamba: doorstep by postmen

Postal Bank to be launched soon – Minister says postal bank account can be opened by just dialing designated phone number – Swiping Machines to be carried by Postmen for transaction at place of account holder

Opening a postal bank account is just one phone call away and if you are a pensioner, the money will reach at your door step through your friendly postman. These are a few of the many customer friendly initiatives approved last week by the Postal Board.

Aimed at making postal banking a major commercial success, the board has identified a number of touch points that required ease of customer interface. Customers will soon be able to drop cheques in those forgotten red post boxes, to deposits money in their postal account. In order to open postal bank accounts, all a person has to do is call a number that will be announced soon. This call will be diverted to the local postman of the area. The postman will speak to the called number that will be displayed on his smartphone/tab, (to be soon issued to all post man) and fix an appointment to visit the caller.

He will take pictures of the necessary documents on his smart phone/tab and get it processed at the postal bank. Union Minister for Communications, Information Technology and Post Ravi Shankar Prasad has received the decisions taken by the board and is understood to have approved them.

The major support that postmen will offer is to the more than 5.5 million pensioners in India, who will soon get the benefit of receiving pensions at their door steps, delivered by their postman. “We have a target to launch these services before March 2017,” sources in the Department of Post said.