IMPORTANT SERVICES OF THE POSTAL SYSTEM IN INDIA
1. Speed Post
1. Introduced in 1986
2. Provides express service for letters and documents
3. Offers a money-back guarantee under which the postal fee will be refunded in case of delay in delivery
2. Logistics Post
1. Introduced in 2008
2. Applicable for sending parcels and large consignments
3. No weight limit
3. Postal Life Insurance
1. Launched in 1884
2. Initially conceived as a welfare measure for the employees of the Post & Telegraph Department
3. Currently open to Central, state and local government employees, banks, PSUs and government-aided educational institutions
4. Savings Bank
1. Launched in 1882
2. Interest is completely tax free