Physical wallets containing cash are becoming increasingly rare in this age of digital payments. However, money is required in a variety of situations.
Digital transactions may fail, a digital facility may be completely unavailable, and an ATM may be hidden. The post office, which is known for its simple methods of connecting distant objects, has provided a simple solution to this problem.
The department’s newest facility makes cash in the amount of Rs 10,000 available to users anywhere in the country. In any city, a customer only needs to contact the nearest post office or a postman to obtain cash in an emergency. So you no longer have to be concerned if your wallet is lost or stolen while travelling. You can receive up to 10,000 under this facility from any post office or post bank in the country without a debit, credit card, or post passbook.
To use this service, a customer’s bank account must be linked with Aadhaar. Personnel from the department will also request the customer’s phone number and fingerprint.