return to news
  1. India Post Payments Bank, Aditya Birla Capital tie up to boost loan accessibility across India

Business News

India Post Payments Bank, Aditya Birla Capital tie up to boost loan accessibility across India

Upstox

2 min read | Updated on May 22, 2025, 18:43 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

India Post Payments Bank (IPPB) has partnered with Aditya Birla Capital Limited (ABCL) to expand access to digital loan products across India.

India Post Payments Bank

India Post Payments Bank operates through a network of approximately 1,65,000 post offices, including 1,40,000 in rural areas, and 3,00,000 postal employees.

State-run India Post Payments Bank (IPPB) has partnered with Aditya Birla Capital Limited (ABCL) to enhance access to loan products across the country, the Ministry of Communications announced on Thursday.

The strategic tie-up aims to integrate Aditya Birla Capital’s suite of lending products with IPPB’s extensive postal network and digital banking infrastructure. Through the partnership, IPPB will offer referral services for personal loans, business loans, and loans against property to its customer base.

IPPB customers will benefit from ABCL’s advanced digital platforms, which utilise AI and data analytics to ensure quick approvals, minimal documentation, and hassle-free loan disbursement.

The partnership is designed to deliver personalised financial solutions tailored to the diverse needs of customers across India.

“We are delighted to partner with Aditya Birla Capital to bring their diverse suite of lending products to our customers. This partnership will ensure that our customers will have easy access to credit through a simplified digital loan application process with flexible options,” said R. Viswesvaran, MD & CEO, IPPB.

Rakesh Singh, Executive Director & Chief Executive Officer (Designate) - NBFC, Aditya Birla Capital, said, “This partnership aligns with our vision to enhance financial inclusion and provide easy access to credit for individuals and businesses. Leveraging IPPB’s extensive reach and our digital loan application process, we aim to serve a larger customer base with convenient and flexible loan options.”

IPPB, established under the Department of Posts with 100% equity owned by the Government of India, operates through a network of approximately 1,65,000 post offices, including 1,40,000 in rural areas, and 3,00,000 postal employees.

It serves 11 crore customers across 5.57 lakh villages and towns, offering paperless, cashless, and presence-less banking through a CBS-integrated smartphone and biometric device.

Volatile markets?
Ride the trend with smart tools.
promotion image

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.