November 3, 2025 : The Department of Posts has given a big relief to students. Now, students will be able to avail a special 10% discount on Speed Post services. This discount has been introduced especially to help students complete their academic or government application processes at a lower cost. The postal department has officially launched this premium service in all post offices from Saturday. Chief Postmaster A.K. Singh stated that a 10% discount on Speed Post has been started for students.
How to Avail the 10% Discount?
This scheme has been introduced to help reduce postal service costs for students.
| Details | Requirements | 
|---|---|
| Discount Amount | 10% discount on Speed Post charges. | 
| Eligibility | The discount will apply to Speed Post packages weighing between 50 grams and 500 grams. | 
| Proof Required | Students must present their Student ID Card to avail the discount. | 
| On the Envelope | The envelope must clearly mention “Vidyarthi Daak” (Student Post). | 
| Recipient | The recipient’s name must belong to a recognized educational institution (school, college, university) or a government recruitment agency (UPSC, State PSC, etc.). | 
This discount comes at a time when, in October, the postal department had increased Speed Post rates for the general public.
Accident Policy at ₹396 per Year – ₹10 Lakh Coverage
Through its subsidiary, India Post Payments Bank (IPPB), the Department of Posts has also launched a very affordable Accident Policy.
| Policy Details | Benefits / Claim Amount | 
|---|---|
| Policy Cost | ₹396 per year | 
| Accident Claim | Up to ₹10 lakh (in case of accidental death, permanent/partial disability, loss of limbs, or paralysis) | 
| Hospitalization (IPD) | Up to ₹60,000 for medical expenses | 
| OPD / Dressing | ₹30,000 for outpatient treatment | 
| Additional Daily Benefit | ₹1,000 per day for up to 10 days, in addition to ₹60,000 hospitalization benefit | 
| Children’s Education | In case of the insured’s death, apart from the ₹10 lakh insurance amount, ₹1 lakh will be provided for children’s education | 
Summary:
India Post has reduced Speed Post rates, offering discounts to customers who book parcels online. This move aims to boost digital transactions and improve delivery efficiency.

