Opening of IPPB account & usage of IPPB Mobile App by DoP staff & GDS

F. No. 17-11/2017 – PBI (Pt)
Government of India
Ministry of Communications
Department of Posts
(PBI Division)

Dak Bhawan, Sansad Marg,
New Delhi 110 001.
Dated the 19th February, 2019

To
CPMsG / PMsG / DPS

Subject: Opening of IPPB account and usage of IPPB Mobile App by DoP staff and Gramin Dak Sewaks (GDS).

As you are aware, Department of Posts (DoP) has established India Post Payments Bank (IPPB), a Public Limited Company, under the Companies Act, 2013 with 100% Government of India equity. IPPB has so far opened more than 35 lakh accounts with downloading of more than a million IPPB Mobile App. Many of us are also using IPPB Mobile App and find it very useful for making payments of bills and other utilities. It is requested that all the employees of the DoP and GDS should use the IPPB services by opening IPPB savings account and downloading IPPB Mobile App for conducting various kinds of transactions.

2. DoP employees and GDS who are already having a Post Office Savings Account (POSA) can also link their POSA with IPPB Account, in order to transfer funds from POSA to IPPB account and vice-versa. The POSA linked IPPB account gives complete freedom to the customers for any kind of inter-operable transactions in the banking ecosystem of India.

3. CPMsG and PMsG of the Circles are kindly requested to promote usage of IPPB services including IPPB Mobile App among the DoP employees and GDS.

(T.Q. Mohammad)
DDG (PBI) & Secretary (PSB)

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