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

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 INSURANCE
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

Source: DOP