India Post Payments Bank Crosses 100 Million Account Milestone

India Post Payments Bank has crossed 100 million active accounts, cementing its position as India largest payments bank by account base and one of the most extensive financial inclusion networks in the world. IPPB, which operates through 1.65 lakh post offices and a network of 450,000 doorstep banking service providers known as Gramin Dak Sevaks, has brought banking access to 87% of accounts held by first-time formal banking users from rural India. The bank reported total deposits of Rs 22,000 crore and monthly transaction values exceeding Rs 15,000 crore. The Communications Ministry announced IPPB will integrate with DigiLocker to allow account holders to access government benefit disbursements, pension payments, and insurance premiums through a single platform. Digital Financial Literacy camps have been completed in over 600 districts since launch.