What is IPO (Indian Postal Order)?
IPO means Indian Postal order which is a very easy mode of sending and receiving a small amount of money. OR is mostly used for paying fees like RTI fees. it can be bought from any post office except Branch post offices in small villages.
Denomination of IPO
Rs 1.00
Rs 2.00
Rs 5.00
Rs 7.00
Rs 10.00
Rs 20.00
Rs 50.00
Rs 100.00
Commission on IPO
10% of Value (Non-Refundable)
for Example-
IPO of Rs10- Commission = Rs1 Total =Rs11
IPO of Rs 100 – Commission Rs 10 Total = Rs110
Validity of Postal order -
24 Months
If an Indian Postal Order is not presented for payment within six months from the last day of the month of issue a second commission at the rates prescribed will be charged which must be paid in postage stamps affixed to the back of the order. Those authorized to use them may pay the second commission in Service Postage Stamps.
Indian Postal Orders presented for payment more than twelve months after the last days of the month of issue will not be paid but will be forfeited.
How to fill IPO? IPO Kaise Bhare?
Just watch the video on our youtube channel Postal Dost.
Video Link-
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