Migrant labourers without a bank account may now use their mobile phones to transfer money to families back home.

Department of Posts is acting with Bharat Sanchar Nigam Ltd to make this possible.

The beneficiary needs just walk into a designated post office offering the facility. The pilot project is being launched in the Bihar, Delhi, Punjab, and Kerala postal circles.

A spokesman of the department of posts said that the tariff for money transfer is fixed at Rs 40 for amounts between Rs 1,000 and Rs 1,500; Rs 70 for amounts between Rs 1,501 and Rs 5,000; and Rs 100 for amounts between Rs 5,001 and Rs 10,000, the spokesman said. Service tax will be charged extra.

(This article was published on November 16, 2012)
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