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Over 1,000 crore residence delivered by postmen

(In image) Left: 102-300 and sixty five days-frail Ameeri Yadav, who bought her pension via Post diagram of job on wheels Factual: 105-ye…Read More

NEW DELHI: Fifty days of

lockdown

maintain marked a brand new milestone in the history of Indian banking: Rs 1,000 crore in

money

has been delivered by postmen to legend holders of varied banks at their doorstep all around the country. This, nonetheless, doesn’t include the put up diagram of job savings bank transactions of Rs 66,000 crore in about four crore transactions, factual at some level of the lockdown duration.

The returning migrants are scripting banking success reviews in these unhappy and depressing events with UP and Bihar top two postal circles making most life like doubtless money deliveries of Rs 274 crore and Rs 101 crore respectively, Gujarat, Telangana and Andhra lower down the relate among top 5 easiest performers.

Migrants are also scripting one other success myth by opening 23 lakh new bank accounts with India Post Payments Monetary institution (IPPB) at some level of the lockdown duration, along with in backward and unbanked areas. These success reviews are enormous achievements for the India Post at a time when many fiscal institutions are finding it refined to outlive and put together their industry operations.

The IPPB, launched in September last 300 and sixty five days, is at present time the single greatest platform for providing “interoperable banking services” to customer of any bank having their legend linked to Aadhaar.

Pradipta Kumar Bisoi

, Secretary, Division of Posts, had earlier advised TOI that better than two lakh postmen are engaged in providing doorstep banking services to other folks via a network of 1.36 lakh put up offices and 1.86 lakh handheld AePS devices.

By design of their Aadhaar enabled Payment Products and services (AePS), a wi-fi enabled instrument, postmen all around the country are turning in money by authenticating finger prints at doorsteps — in particular in containment areas, migrant camps and hotspot zones, serving the unwell, aged and disabled. Weak age pensioners and discouraged villagers are getting the back of cash deliveries of state back transfer and PM Garib

Kalyan Yojana

credited to their bank accounts.

All via the lockdown between March 23 and Might perhaps also merely 11, better than Rs 1,051 crore had been delivered in as many as 59 lakh transactions. With 20 lakh AePS transactions, UP by myself has contributed one-third of these transactions.

The payment bank of the India Post has developed a “PostInfo App” which is ready to be downloaded from Google play retailer and a interrogate for doorstep money transport registered. Now, other folks would possibly perhaps well guide doorstep provider for tear put up and series of put up diagram of job savings bank instalments via this app. Folks who’re now not neatly conscious of graceful telephones can expand provider interrogate via toll-free quantity at 1800-180-7980.

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