The focus of IIP banks is to bring the unbanked in rural far flung areas into the banking net.
The Motto is bringing banking services to your doorstep. The aim is to go Mobile, provide Simplicity, reducing Distance, increasing Affordability
and Build a cashless economy.
Prime Minister Narendra Modi showed keen interest in the features on display. He interacted with those present seeking clarifications on the manner of delivery, ease of use and other features.
IPPB is technology driven bank. An account can be opened in less than a minute, without visiting the Post office or branch.
17.5 crore savings bank Accounts in Post offices will be linked to IPPB.