In order to meet the requirement of bulk customers for collection of amount for costlier goods, Cash on Delivery facility is available which provides collection of amount up to Rs. 50,000/- at the time of delivery of consignments.
Why Use COD Facility ?
*Fast, Safe and economical solution of collection of amount of goods at the time of its delivery and its remittance to sender.
* Insurance of Cash on Delivery articles shall not be compulsory irrespective of amount of recovery from addressee.
* Amount, recovered from addressee on delivery of such article by post, shall be remitted to the sender through ePayment.
*Address Specific delivery i.e article can be delivered to any person at the address on realization of requisite amount.
Conditions for Availing COD facility
Customer is a contractual customer and has agreement with the Department for transmission Cash on Delivery articles. Amount specified for recovery from addressee in the case of any such postal article shall not exceed fifty thousand rupees (Rs. 50,000/-) and shall not include a fraction of rupee.
Such articles do not contain coupons, tickets, certificates or introductions designed for the sale of goods on what is known as the Snowball System .
In addition to postage, insurance fee wherever applicable, the sender of the postal article intended to be transmitted by post as Cash on Delivery article shall be required to pay the following additional fee on delivery of such postal article:
Additional Fee Charged for Availing COD facility
# | Amount to be recovered from addressee | Schedule of fee |
---|---|---|
1 | Up to Rs.6,500/- | 1.6% of the CoD Value recovered |
2 | Above Rs.6,500/- | Rs. 100/- + 1% of amount exceeding Rs. 6,500/- |