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Goa, Maharashtra circle got over 77,000 customers for IPPB

Panjim, Oct 10 (GCBusiness) The Goa and Maharashtra Circle of India post got 77,339 customers for its payments bank since the facility was launched nationwide on September 1.

Chief Postmaster General Harish Agrawal said Tuesday that the Maharashtra and Goa Postal Circle had 42 branches of the IPPBalong with 210 access points, adding that 90 per cent of these accounts were opened by postmenand “gramin dak sewaks” in a door-to-door initiative.

“Customers need to have Pan card, Aadhaar card and cellphone connection to open an account, which is completely free. The maximum balance for these accounts is Rs 100,000,” he said.

He said that allowance for gramin dak sewaks had been increased by over 55 per cent and monetary incentives are also being provided to those who open higher number of accounts.

“The aim is to build the most accessible, affordable and trusted bank for the common man by removing barriers for the unbanked and underbanked segments of society,” he said.

The Post department serves 4 million customers and operates around 150,000 branches across the country with a workforce of 300,000 postmen.

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