India Post Payments Bank & Hindustan Zinc sign an MoU to foster economic growth and bring financial inclusion in the lives of rural community beneficiaries under CSR program. The collaboration will bridge the gap and ensure financial assistance for 3.5 Lakhs + beneficiaries covering SHG women, farmers, & youth thus ensuring easy access to opening bank accounts, access to pension products, long-term savings, and investment schemes, etc.The MoU between IPPB & HZL was signed by Gursharan Rai Bansal – Chief Sales & Marketing Officer, IPPB and Arun Misra – CEO, Hindustan Zinc.
The key services provided by the IPPB will ensure Financial Inclusion and ensure aid for opening bank accounts, access to pension products, long-term savings, and investment schemes. It will further aid in providing support and Empowering 3.5 Lakhs+ beneficiaries covering SHG women, farmers, and youth to become Individual Business Correspondents for various IPPB services.
It will additionally promote government social welfare Schemes through the IPPB banking channels and assisting beneficiaries in availing income-generating loans through IPPB’s lending partners.