#1
25th February 2016, 10:55 AM
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Money Order India
Hello sir, I am Ramesh Prasad. I am from Balia. I want you to help me by providing me some information about the money order and also tell me about the procedure to send the money order.
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#2
25th February 2016, 10:55 AM
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Re: Money Order India
A money order is a type of an order issued by the Post Office for the payment of a sum of money to the person whose name the money order is sent through the agency of the Post Office. A ‘Payee’ is the person called in money order as the person to whom the money is to be paid. The benefit of sending money to somebody through money order is that the money is carried at the house or his place of stay. Procedure of sending the Money Order: You can purchase a money order form at the counter of the post office. A remitter is the person who send money order. Fill in ink the essential entries adding his signature of thumbs marks at the foot. A form without signature or thumb mark or incomplete in any respect will not be accepted. All records made in the form must be legible and may be written in English, Hindi or in the language of the district either by the remitter himself of by any one on his behalf. The remitter may write on the coupon any communication he desires to make to the payee. The amount for which a single money order may be issued must not surpass Rs 5000/- The money order form suitably filed in, together with the amount of the money order and commissions either in cash or by Cheque is presented at the post office counter. A receipt will be given for the amount paid by him on account of the money order and commission. Any error or lapse in the receipt should be pointed out at once by the remitter; otherwise the Post Office will not be responsible. After the money is paid to the payee the remitter of money order gets an acknowledgement of payment of the amount of the money order signed by the payee or his authorised agent. If the acknowledgment is not received in a reasonable time, a certificate of payment signed by the Postmaster of the office will be given on application. Though, in the case of money orders issued in favour of Government or District, Local or Municipal Boards, the acknowledgment in some cases is retained by the payee who issued a departmental receipt to the remitter direct. |