Roll out of PLI-IPPB (India Post Payments Bank) functionality: Department of Posts OM dated 27.05.2022 |

Roll out of PLI-IPPB (India Post Payments Bank) functionality: Department of Posts OM dated 27.05.2022

Government of India
Ministry of Communications, Department of Posts
DIRECTORATE OF POSTAL LIFE IN SURANCE
Chanakyapuri Post Office Complex, Chanakyapuri, New Delhi-11 0021

F.No. 25-04/SOP/2020-LI

Dated:-27.05.2022

Office Memorandum

Sub: Roll out of PLI-IPPB (India Post Payments Bank) functionality 

This is regarding roll out of PLI-IPPB functionality deployed from 27-05-22, which provides the facility of payment of PLI/RPLI renewal premia through following modes :-

(i) IPPB Mobile App – Customer can deposit their PLI/RPLI premium through mobile app.

(ii) IPPB Counters — Customer can visit Post office IPPB Counter to deposit PLI/RPLI premium.

(iii) Micro ATM (Through Postman & GDS) – In addition to other IPPB services, now postman will be able to facilitate customer to deposit their PLI/RPLI premium using micro ATM device.

(iv) Standing Instructions through IPPB Account — Customer can register for Standing Instruction either by visiting IPPB counters or using IPPB mobile app every month, PLI/RPLI premium will be debited automatically from their IPPB account.

2 It is further informed that Standard Operating Procedure (SOP) for the above functionality will be circulated separately by IPPB team.

3 Standard Accounting Procedure (SAP) as received from PAF Division, Postal Directorate containing roles of different offices is being enclosed for reference & necessary action by the respective offices.

4 It is, therefore, requested that the above information may widely be disseminated among all administrative offices, operational staff & marketing staff for wide publicity & also for sensitizing our valuable customers about the functionality.

Encls: SAP 

(Hariom Sharma)
Deputy Divisional Manager-II

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