India Post Payments Bank Finder

Payments Bank Sector

“Aapka Bank, Aapke Dwaar”

India Post Payments Bank (IPPB), launched on September 1, 2018 by the Prime Minister of India, is a 100% Government of India-owned payments bank operating under the Department of Posts, Ministry of Communications. IPPB was born out of India's largest and most trusted distribution network — the Indian Postal Service — with the explicit mission of providing accessible, affordable, and trusted banking and financial services to every corner of India, particularly in rural and remote areas. With over 1,50,000 access points across India — including every post office in the country — IPPB has arguably the widest banking reach of any institution in India. IPPB offers savings accounts (with IPPB branded and linked to Post Office Savings Bank), current accounts, money transfers via IMPS, NEFT, and UPI, direct benefit transfer (DBT) services, insurance products in partnership with LIC and other insurers, and digital payment services. IPPB's postman-based banking model — where India Post's 3 lakh postmen and Grameen Dak Sewaks act as banking correspondents and visit customers at home — is a revolutionary approach to financial inclusion. The bank's Doorstep Banking service ensures that elderly, differently-abled, and geographically remote customers can access banking without visiting a branch. DICGC insured and RBI regulated, IPPB is India's most inclusive banking institution, truly embodying the principle that every Indian deserves access to formal financial services regardless of where they live.