India Post Payment Bank (IPPB) was formally launched at the Srirangam Head Post Office access point on Saturday by M. K. Indira, Superintendent of Post Offices, Srirangam Division, in the presence of Sangeetha, Branch Manager, IPPB, Tiruchi and Kalaiselvan, Postmaster, Srirangam.
The service is already available in Perambalur, Valikondapuram, Madanagopalapuram, Ranjankudi and Thevaiyur Post offices. Beneficiaries of government welfare measures through direct benefit transfer can open account by producing Aadhaar and mobile phone numbers within three minutes. Quick response cards will be issued to the account holders immediately.