India Post Payment bank promises banking at doorstep

Across India, there were simultaneous launches of 650 branches. The new system promises banking at the doorstep and is considered to be a fillip for the rural banking system.  

The main function was launched by Prime Minister Narendra Modi at Talkatora Stadium in New Delhi.

There were simultaneous launches at 650 branches and 3,250 access points.

N Vinod Kumar, Post Master General, Goa Region said that apart from two branches in Goa 10 access point has been launched.

By December 2018 the posts will have all 258 Goa post offices offering the access point services of India post bank.