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Are there hassle-free modes of payment of bills ?

April 26, 2017bills hassle-free modes payment

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Are there hassle-free modes of payment of bills ?

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Yes. Voluntary Deposit(Revolving Account System) and Electronic Clearance Service (debit) schemes, also enable the customer to pay telephone bills without visiting a cash counter or collection centre. The deposit in the former scheme earn simple interest at an attractive rate of 9%p.a (2002-03) and in the later scheme customer earn a discount @ 1% of the value of bill(excluding service tax component) subject to a maximum of Rs.1000/-(Rupees One thousand only).