In a move to increase based income, Tamil Nadu Postal Circle is planning to focus on new business verticals including collection of electricity bills and motor tax on behalf of the state government.
The circle is also planning to launch identification card for a fee which can be used as address proof for any transactions.
Speaking to reporters after launching India Post's new logo T Murthy, postmaster general – Business Development and IT, Tamil Nadu Postal Circle from April to August the circle's, including Tamil Nadu and Puducherry, revenue increased by 20 per cent to Rs 96 crore compared to Rs 80 crore for the same period last year.
Target for the entire fiscal is Rs 300 crore compared to Rs 205.09 crore last year.
Apart from the regular business, the circle want to increase fee based income, which contributes 15 to 20 per cent on the overall revenue.
It include commission based income by selling financial products, selling railway and air tickets and others.
Murthy added, in another one or two months all the post office in Chennai will collect electriccity bills on behalf of the electricity board (EB).
The circle is also talking to the state government for allowing them to collect motor tax.
M S Ramanujan, post master general, Chennai City said that Post office ID card will be launched in Chennai city on a pilot basis in October and it will be rolled out in tier II cities like Tiruchy and Coimbatore in phase manner.
The card can be used as a proof of address for any transactions including for passport, opening a bank account, at railway and airport counters and others.
Cost of the card initially was estimated to be Rs 210, since Hologram will be added up for security purpose cost of the card will be revised.
Tamil Nadu and Pondicherry circle compromise of 12,115 post offices, 93 head offices, 2,696 sub offices and 9,124 extra department offices which are opened in rural parts of the state.
