India Post Payments Bank Boosts POSA Linkage with New Measures
Formfees
06/02/2025
India Post Payments Bank (IPPB) has 650 branches and over 1.63 lakh access points across the country with 01 branch and 224 access points particularly in Kushinagar district.
IPPB is offering a range of services and products such as savings and current accounts, Virtual Debit Card, Domestic Money Transfer services, bill and utility payments, insurance services for IPPB customers, Post Office Savings Account (POSA) linkage with IPPB accounts, online payment for Post Office Savings schemes, Digital Life Certificate (DLC), Aadhaar Enabled Payment System (AePS), mobile number update in Aadhaar for any citizen and Child Enrolment services for any child of 0-5 years old.
IPPB has undertaken various measures to facilitate the Post Office Savings Account (POSA) linkage with IPPB accounts including display of branding material at all major post offices and holding of more than 25000 financial literacy and customer awareness camps in and outside post offices to encourage customers for linking POSA – IPPB account.
IPPB provides doorstep access to Aadhaar related services including Digital Life Certificates and Child Enrolment through the Postmen and GraminDakSevaks. It has tied up with various Departments at Central/State level to provide these services to general public, pensioners and children, as the case may be. As on 31.12.2024, the Bank has opened 7.03 crore Aadhaar seeded accounts, updated mobile numbers in Aadhaar of 7.68 crore customers, provided Child Enrolment services to 81.17 lakh customers and has issued more than 24 Lakh Digital Life Certificate to pensioners.
This information was given by the Minister of State for Communications, Dr. Pemmasani Chandra Sekhar in a written reply to a question in Rajya Sabha today.
