As India deepens its digital banking and financial inclusion journey, the India Post Payments Bank (IPPB) has emerged as one of the largest financial inclusion initiatives worldwide.
Leveraging its vast postal network, the bank now operates through 1.65 lakh post offices and serves over 12 crore customers, of whom 80% belong to rural India and 59% are women.
Launched on September 1, 2018, IPPB aimed to bring affordable and accessible banking services to rural households. Eight years later, it has become a silent game changer in India’s financial landscape.
IPPB provides a wide suite of services, including digital savings accounts, healthcare-linked bank accounts, Direct Benefit Transfers, pension payments, and credit facilitation.
It has also integrated cross-border remittances, Aadhaar-enabled Payment Services, and RuPay Virtual Debit Cards into its offerings.
The bank’s services are tailored for India’s diverse population, available in 13 regional languages to ensure accessibility across different geographies.
Leadership Praise on Foundation Day
On its 8th foundation day, IPPB received recognition from top leadership.
Vandita Kaul, Chairman of IPPB, said, “IPPB has demonstrated that financial inclusion is not just a vision but a deliverable reality. With our unique model of postal banking, we have empowered millions, particularly in rural and underserved regions, by taking banking to their doorsteps. Our journey sets a global benchmark for last-mile financial service delivery.”
Taking to X, the Prime Minister’s Office posted, “With unprecedented efforts from the government, our humble postman has become the harbinger of financial inclusion. With @IndiaPostOffice and @IPPBOnline, India’s postal system is now the world’s largest doorstep banking network, ensuring dignity and empowerment.”
With unprecedented efforts from the government, our humble postman has become the harbinger of financial inclusion. With @IndiaPostOffice and @IPPBOnline, India’s postal system is now the world’s largest doorstep banking network, ensuring dignity and empowerment.
Read this… https://t.co/mmAWpzL8O6
— PMO India (@PMOIndia) September 4, 2025
By combining its extensive postal network with digital banking innovation, India Post Payments Bank has set a global benchmark in last-mile financial service delivery.
Its continued expansion highlights India’s commitment to empowering rural households, women, and underserved communities with doorstep banking solutions.
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