About IPPB

At India Post Payments Bank, we believe that a nation can grow when every citizen has an opportunity to prosper, regardless of their way of life. With simple, diverse and growth-oriented offerings, IPPB aims to provide every household in India an access to efficient banking services and enable them to become financially secure and empowered.

India Post Payments Bank (IPPB) was setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India. IPPB was launched as a pilot project on 30 January 2017 in Ranchi (Jharkhand) and Raipur (Chhattisgarh), with the objective of being present across India by the FY 2018-2019. IPPB has expanded its strength across India covering post offices, through a network one Branch and 649 Banking outlets manned by Business Correspondents, working on a hub and spoke model.

Our Offerings

At India Post Payments Bank (IPPB), we understand your needs. That is why we have tailored our banking products and services to be simple and efficient.


- Savings Account
- Current Account


- Simple & Secure
- Instant
- 24x7


- Scholarships
- Social welfare benefits and other Government subsidies


- Loans
- Insurance
- Investments
- Post Office Savings schemes


- Mobile and DTH recharge
- Electricity, water & gas bills
- Donations & insurance premiums


- Postal products
- Digital Payment of e-commerce delivery(CoD)
- Small merchants/kirana stores/unorganized retail
- Offline payments
- Cash Management Services


Value Proposition

IPPB will be leveraging the vast postal network of nearly 1.55 lakh post offices and 3.0 lakh postal employees in every district, town and village of the country to serve you. As we continue to expand our services to every doorstep, our postman will become your trusted financial services advisor, working hard to ensure that you get what you need - be it receiving your money in the fastest way possible, using it at ease for essentials, saving for your loved ones, or even investing for a bright future. For us, every customer is important, every transaction is significant, and every deposit is valuable no matter what the value.

That is what we truly mean when we say – Aapka Bank, Aapke Dwaar.

Last mile delivery of services through the postman – a son of the soil and a friend, philosopher and financial guide to the people.


Ease of banking:
IPPB integrates easily with the existing bouquet of post office services, extends the services though a frictionless shift.

The last mile delivery agent is empowered with financial knowledge and intuitively designed digital tools to offer financial services and guidance with relative ease.

Digital Ecosystem:

  • Macro Level
    IPPB’s 360-degree payments suite creates transparency, removes corruption and leakages and contributes to a less-cash economy.
  • Individual Level
    Provides customers with the ability to transact without cash through digital channels and enable small businesses to accept digital payments, thus closing the loop.



Our Aspiration: Your Financial Empowerment

  • Wealth grows from wealth – even small savings can go a long way towards ensuring a better future
  • Securing the unsecured – small investments and insurance to protect you against unforeseen events
  • Ensuring financial freedom – money in your hands whenever you need it

India Post Payments Bank is gearing up to lead the next revolution of banking as one of the largest financial inclusion networks in India, covering both urban and rural areas. Our new model of banking aims to enable individuals, small businesses, merchants and others to utilise full-fledged digital banking services. We are paving the way for India's largest banking network to reach every corner of the nation.

We endeavour to stay true to our motto -

Every customer is important, every transaction is significant and every deposit is valuable, no matter the value.