Value Payable Articles Overview

### Value Payable Articles

• Registered parcels, letters, and book packets can be sent as value payable articles if prepaid with postage and a registration fee.
• The maximum value payable for these articles is Rs. 5,000.
• Articles cannot contain coupons, tickets, or certificates for the "Snowball System" of goods sale.

Value Payable Articles - eMO System

• DOP ERP application handles the eMO system.
• The system tracks VPMO collections, payment, and reconciliation.
• Registered customers can send multiple eMOs at once with tracking features.

Value Payable Articles - RTS

• RTS stands for Return to Sender.
• The system tracks RTS details including the amount paid and updates the registered customer's account.
• The accountant verifies transactions and checks for any discrepancies.
• All payments are system-driven to avoid manual intervention.

### Foreign Money Orders & IFS-EIMO

• Foreign Money Orders (FMO) are paper-based, while IFS-EIMO is electronic.
• Both are handled according to Bilateral Agreements between India Post and other postal administrations.
• The CF Section, IR&GB Division of Postal Directorate manages FMO and IFS-EIMO rules, monitoring, and account adjustments.
• FMO Inbound and Outbound services are only available with Nepal, Bhutan, and some selected Designated Postal Administrations.
• IFS-EIMO Inbound services are available for Instant Cash -UAE and France.
• FMOs are received and delivered by designated Foreign Post offices in India.
• IFS-EIMO is handled by the IFS helpdesk at CEPT Mysore.

### Cash Certificates

• The Postal Accounts Office maintains a Stock and Issue Register (SIR) to track Cash Certificates.
• SIR entries include issue date, number, and denomination.
• After implementing PATRAM software, the SIR is no longer maintained, but it is still used for pre-2016 certificates.
• The PO Certificate discharge process is checked.
• For certificates issued before 01.07.2016, the process involves verifying if:
  • There is a corresponding voucher for every payment.
  • The discharge value matches the CGA report and e-lekha figures.
  • Any discrepancies are notified to the Head Postmaster.
  • If the certificate is discharged at a different office than the issue office, a letter of sanction is received.
  • Interest paid is correct.
  • Post-maturity interest is correct.
• Expenditure on account of the discharge of such certificates is checked against the copies of the sanctions.
• When payment is made to a deceased holder's heirs, a sanction must contain a certificate verifying the value of the certificates held by the deceased.
• Payment to minors must be accompanied by verification from the office of registration.
• Payment to a teacher from the Teachers' Provident Fund Account must be made only to the authorized person.
• Payment to a person authorized by the holder requires a letter of authority.
• Discrepancies are handled through an objection statement or a half marginal memorandum.

### Cash Certificates - Post 01.07.2016

• Discharge particulars are posted in FINACLE instead of SIR.
• A separate Broad-Sheet is prepared for each series (NSC/KVP) containing HO-wise particulars of issues and discharges.
• The Broad-Sheet figures are cross-checked with Finacle software and CSI data.
• Discrepancies are reported to the Branch Officer for action with the Postmaster.

### Cash Certificates - Abstracts and Registers

• Abstracts in Form D.G.(PA)-337 are used to track issue details.
• Registers in Form D.G.(PA)-338 are used to track discharge details.
• The figures from these forms are reconciled with the Detail Book.

### Cash Certificates - Office of Issue/Registration

• Since certificates can be discharged at a different office than the issue or registration office, adjustments are made to ensure entries are accurate for each Head Office.