BNPL (Book Now Pay Later) Facility - India Post
What is BNPL (Book Now Pay Later)?
BNPL i.e. "Book Now Pay Later" is a credit facility of India Post, which allows large companies, e-commerce platforms, and business customers to use postal services and pay later. Benefits of BNPL:
1. Booking without advance payment: Customers can book parcels or postal services first and pay later.
2. Beneficial for e-commerce companies: Online sellers get the facility of payment for COD (cash on delivery) services.
3. Credit period: Customers get the opportunity to pay on monthly billing basis.
4. Faster service processing: More convenient and efficient process for large-scale mail senders.
How to apply for BNPL?
1. Contact the nearest India Post office.
2. Fill the BNPL agreement form and submit the required documents.
3. Start the service after the consent letter and credit limit is approved.
On which services is it available?
- Speed Post
- Registered Parcel
- Business Parcel
- Cash on Delivery (COD) services
BNPL Payment Process:
- India Post issues monthly bills to customers.
- Customers can make payments within the stipulated time.
- Paying on time can avoid additional charges.
If you want to join India Post's BNPL service, contact the nearest post office or visit the official website of India Post.
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