Page 45 - NIS - English 01-15 September,2023
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5 years of India Post Payments Bank Nation
6 crore digital
accounts opened in
paperless mode
EVERY CLASS CONNECTED WITH BANKING
SERVICE, BANKING TRANSACTION
FACILITY AVAILABLE AT HOME India Post Payments Bank is not just
a bank, but it is the biggest initiative
Even the person at the fringes of the society in the country towards achieving the
should be involved in financial inclusion, he goal of financial inclusion through
should be connected with the bank. Prime financial literacy.
Minister Narendra Modi started the Pradhan - Narendra Modi, Prime Minister
Mantri Jan-Dhan Yojana in 2014 to connect the
rural and marginalised people at the fringes of the You can take advantage of
society. India Post Payments Bank was launched banking facility near home
on 1st September, 2018 with a large network of In e-KYC based paperless facility even
post offices to take banking to the doorsteps of digitally illiterate people can connect with
people living in remote areas. 6 crore customers the convenience of the banking system using
were added to the scheme in 5 years, due to which biometrics and Aadhaar. You can open your
the facility of banking transactions sitting at home account, do transactions. In case of any kind of
complaint or apprehension, you can go to the
and ease-of-living got a boost at the village level. nearest post office and get its solution.
ijay, a resident of Sagadailo village in Cuttack- Gramin Dak Sevaks have been equipped with smart
BOdisha, says, “Earlier one had to walk 20-30 phones and bio-metric devices to provide banking
kilometers to deposit or withdraw money in the services at the doorstep. In five years, more than
bank. Now the government has made a bank in the 6 crore accounts have been opened across the
post office, due to which the facility has increased. country. About 8 lakh accounts of school students,
About 77% rural account holders across the country, more than 96 lakh accounts in aspirational districts,
who are also associated with India Post Payment more than 67 lakh accounts have been opened in
Bank expressed happiness over the convenience Left Wing Extremism districts. The rural banking
of withdrawing or depositing money from the bank infrastructure has increased by about two and a half
sitting at home. times since the introduction of IPPB. For this, the skill
With the growing network of India Post Payments of the postmen has been increased by giving them
Bank, banking services have reached the remotest more than one crore hours of training. Merchant
places of the country. With this, the villagers have app, partnered with startups to launch 'Fincluvation'
been given the facility to get government assistance for inclusive financial solutions. As a result of this,
or withdraw or deposit money sitting at home. the general public is getting easy, cheap and reliable
Banking services are being provided from 1.38 lakh bank services and digital and cashless economy is
post offices in the country. 1.90 lakh postmen and being promoted even at the village level.
New India Samachar September 1-15, 2023 43
