Friday, June 14, 2024

India Post inks agreement with ilandlo Services Pvt. Ltd

Postal MoU

DIMAPUR, NOVEMBER 26: In a first for Nagaland, the India Post has inked an agreement with the Dimapur based e-commerce startup ilandlo Services Pvt. Ltd according to which ilando will receive premium service from the Department of Posts, which include the facility of “Buy Now Pay Later (BTPL)” among others.

Revealing the details of the agreement, Post Master General of NE-II Region Dimapur, Som Kamei told media persons here at the India Post’s NE-II Region Office, Dimapur, that the agreement will facilitate ilandlo as a business entity not to make upfront payments to the India Posts when sending parcels as they would be part of the credit system and the payments can be made after a period of time all together. They would also be entitled to have the service of door-step pick-up of parcels as well as discounts depending on the volume of transactions. Further, there would be a track and trace facility and a grievances cell.
Kamei said that this is the first time that such an agreement has been reached with a private company in Nagaland as all the 11 entities in the State that are receiving similar services from Indian Posts are public sector undertakings like State Bank of India.
Calling it a milestone for the Department, Kamei said that India Post is one of the most economical options to send parcels pan India and abroad and gave the example that if a parcel weighing 100 gm is sent to Delhi via Speed Post from Dimapur using India Post, it would cost a person Rs 41, while for the same using a private player, the cost would be more than Rs 100. He explained that because India Post has the advantage of being the first in the country and has infrastructure established already, it has a huge advantage over others and can afford cheaper rates comparing to others.
On delivery time of parcels, he said that during the lockdowns there were many complaints about delays in delivery using Speed Post as India Post depended heavily on third parties which no longer is the case as till now 7 mail motor service trucks have been introduced in the State, cutting down the need of third party mode of transport, which has cut down the time to deliver parcels upto 50% and more trucks are to be introduced. According to him, this has been the case in the rest of the country as the Central Government is investing in the Department and a parcel hub in Guwahati is soon to become functional.

On the occasion he also dwelled on other services that the Department is offering to the public like banking facility, which in Nagaland alone has 286 branches, more than all the branches of all the banks in the State combined, and Aadhar Enabled Banking System using which a customer can avail banking services from other banks too. Kamei stated that India Post has the reach of more than 90% of the rural population.
With the agreement in place, ilandlo, one of the first e-commerce start-ups in the State, will no longer have to stand in queues to get the parcels delivered and according to Kamei, any business entity which has a transaction of more than Rs 10000 per month is eligible to avail the premium service.
(Page News Service)