PM to launch Bharat Post Payments Bank on Saturday, 1st September
Posted On: 31 AUG 2018 11:40AM past times PIB Delhi
The Prime Minister, Shri Narendra Modi, volition launch the Bharat Post Payments Bank (IPPB) at Talkatora Stadium inward New Delhi on September 1st, 2018.
IPPB has been envisioned every bit an accessible, affordable in addition to trusted depository fiscal establishment for the mutual man, to attention speedily give the fiscal inclusion objectives of the Union Government. It volition leverage the vast network of the Department of Posts, which covers every corner of the province amongst to a greater extent than than 300,000 Postmen in addition to Grameen Dak Sewaks. IPPB volition thus significantly augment the give of the banking sector inward India.
The launch of IPPB marks closed to other meaning milestone inward the Union Government’s movement to accept the benefits of a speedily developing Bharat to the remotest corners of our country.
On the solar daytime of the launch, IPPB volition conduct maintain 650 Branches in addition to 3250 Access Points spread across the country. Simultaneous launch events volition move held at these branches in addition to access points.
All the 1.55 lakh Post Offices inward the province volition move linked to the IPPB organization past times Dec 31, 2018.
IPPB volition offering a gain of products such every bit savings in addition to electrical flow accounts, coin transfer, straight produce goodness transfers, nib in addition to utility payments, in addition to company in addition to merchant payments. These products, in addition to related services, volition move offered across multiple channels (counter services, micro-ATM, mobile banking app, SMS in addition to IVR), using the bank’s state-of-the-art technology scientific discipline platform.
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