India Post Payments Bank (IPPB), a government-owned banking entity under the Department of Posts, Ministry of Communications, has proudly won the **Digital Payments Award 2024-25** from the Department of Financial Services (DFS), Ministry of Finance. This award celebrates IPPB’s exceptional efforts in boosting digital payments and ensuring financial inclusion for people across the country — including in remote and rural areas.
The award was presented by the Hon’ble Union Minister of Finance & Corporate Affairs, **Smt. Nirmala Sitharaman**, and the Hon’ble Minister of State for Finance, **Shri Pankaj Chaudhary**, during a special ceremony held in New Delhi. Receiving the award on behalf of IPPB were **Shri Gursharan Rai Bansal**, CGM & CSMO, and **Shri R. Viswesvaran**, MD & CEO.
### A New Benchmark in Digital Banking
In the DFS Performance Index for the fiscal year 2024–2025, IPPB secured **1st Position**, making it stand out among all Indian payments banks. In addition, the bank earned a ‘Special Mention’ for its performance during the 2023–24 fiscal year.
This achievement is more than just a number — it reflects IPPB’s strong, purpose-driven approach to bringing banking to everyone. Whether it’s through a smartphone app or a doorstep visit by a local postman, IPPB ensures that even citizens in the remotest corners of India can access secure, reliable digital banking.
### Bringing Banking to Every Indian Doorstep
Founded in 2018, IPPB was created with a clear goal: to make banking simple, accessible, and affordable for every Indian — especially those who have been traditionally left out of the financial system.
What makes IPPB unique is its powerful reach. By tapping into India’s vast postal network of over **1.65 lakh post offices** (including more than 1.4 lakh in rural areas) and nearly **3 lakh postal employees**, IPPB has brought financial services right to people’s homes. More than **2 lakh Postmen and Gramin Dak Sevaks** now play an active role in delivering banking at the doorstep.
With its tech-enabled methodology, IPPB currently serves **5.57 lakh villages and towns** and has over **11 crore customers**. Customers benefit from paperless, cashless, and presence-less banking, thanks to innovations based on the **India Stack**, all accessible through a simple biometric device and smartphone.
### A Vision for a Digitally Empowered India
While receiving the award, **Mr. R. Viswesvaran**, MD & CEO of IPPB, remarked:
> “This award is a testimony to IPPB’s relentless efforts in making digital financial services accessible, inclusive, and trusted. We are honored to get this accolade and are still dedicated to providing safe and cutting-edge digital banking products to all Indian citizens.
### A Trusted Partner in Digital India’s Journey
IPPB presently has over **11 crore customers** and serves **5.57 lakh villages and towns** with its tech-enabled methods. It is not just about convenience — it’s about **empowerment**, **equal opportunity**, and **financial dignity** for all.
With services offered in **13 regional languages** and banking experiences tailored for ease-of-use, IPPB continues to build a bridge between urban and rural India — ensuring that no one is left behind in the digital revolution.
In short, IPPB’s recent recognition is a proud moment for the entire country. It reinforces the bank’s unwavering commitment to serving the people and supporting the Government’s vision of a **digitally inclusive, financially secure India**.
**Every customer matters. Every transaction counts. Every step forward takes us closer to a truly inclusive India.**
