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A 135-year-old traditional money order service legacy comes to an end

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Updated: 00:00 GMT, Jan 1, 1970 | Published: 05:04 GMT, Apr 6, 2015 |
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The traditional money order service was an integral part of the department since 1880, facilitating pan-India door-delivery of funds to a payee from over 155,000 post offices.

In an era of quick communications, the traditional money transfer facility has made way for an electronic version, which was introduced in October 2008. Through this web-based system, money can be remitted by designated IMO post offices – where an electronic version of a form is filled along with an identity proof.

Once the money is transferred electronically, the payee can visit the post office and receive the money on producing a proof of identity. The money can also be credited to the savings bank of a payee. In the case of EMO, money is paid at the door-step of a payee from Rs.1 to Rs.5,000 within a day, along with 21 standard messages.

Like in the case of the telegram, India Post has quietly discontinued the traditional money order service, due to the data communication development in the India through the internet. IMO system, according to India Post, provides instant money order service for amounts ranging from Rs.1,000 to Rs.50,000.

According to information provided by India Post, the money order system was transferred from the official treasury department to the Posts and Telegraph Department in 1880 to save people the ardor of long journeys they had to often undertake to pay revenues and rent. It is booked at an authorized post office and delivered pan-India from all delivery post offices. This can also be tracked on the India Post website.

But for many, especially the senior citizens, the end of the traditional money system may create inconvenience.