​​​​​​​​​​​​​​​Speed Post Discount Structure

● Volume discount

● Credit Facility

● Monthly billing​

● Fortnightly billing for customers providing monthly business more than Rs 50 lakh

● Flexible modes of payment

● Book Now Pay Later

● Advance Payment

● Payment at the time of booking

● Free pick up

● National Account Facility

● Customized MIS and account management

● Cash-on- Delivery facility

 

Speed Post Discount Structure

Monthly Speed Post business

Discount​

Rs 50,001/- to 5,00,000/-

10 %

Rs 5,00,001/- to 25,00,000/-

15 %

Rs 25,00,001/- to 100,00,000/-

20 %

Rs 100,00,001/- to 500,00,000/-

25 %

Above Rs 500,00,000/-

30 %

● 1% additional discount to those customers who either avail advance deposit facility or make payment at the time of booking.

● 2% additional discount for customers having monthly revenue more than 25 lakh who either avail advance deposit facility or make payment at the time of booking.

● Booking data is to be made available to the booking office in electronic format as prescribed.

● In case booking data received with a paper manifest only without soft copy, the discount would be reduced by half.

 

 

● To avail BNPL facility the customer has to apply in the prescribed format.

Weblink for format

● The eligible customer has to enter into an agreement with the designated authority.

● The customer will be required to furnish a security deposit equal to expected business of three billing cycles in the form of ‘Bank Guarantee’ issued by a nationalized or scheduled ban/ amount deposited in the Post Office through cash or Demand Draft/ Cheques duly pledged in the favor of Postmaster of the Post Office to which the booking center is attached.

● A single bank guarantee of appropriate amount for customer availing both the services (viz. Speed post and Express/Business Parcel),

● The bill is raised by 7th ​day of following month (bill date). Last day of the month in which bill is issued will be due date for payment of bill.