Post Payments Bank, Hindustan Zinc Sign To Offer Financial Inclusion Services To Its CSR Beneficiaries

To transform the financial landscape of rural Rajasthan, India Post Payments Bank (IPPB) and Hindustan Zinc joined hands. The collaboration will ensure in creation of a lasting impact on the lives of community beneficiaries around Hindustan Zinc’s operational areas, according to the statement. The MoU between IPPB and HZL was signed by Gursharan Rai Bansal – Chief Sales and Marketing Officer, IPPB and Arun Misra – CEO of Hindustan Zinc.

“Joining hands with Hindustan Zinc to provide financial inclusion services to its beneficiaries will help IPPB foray into the domain of serving the population benefitted by the Corporate Social Responsibility (CSR) activities by prominent corporates in India. This alliance with HZL marks a very important milestone for us to expand our ambit of doorstep banking service delivery to the unserved and underserved people in this country,” said Gursharan Rai Bansal, Chief Sales and Marketing Officer, IPPB.   

On the occasion, Shri Arun Misra, CEO of HZL said, “This transformative alliance with India Post Payments Bank reflects our dedication to empowering communities. By merging our strengths with IPPB, we aim to redefine financial inclusion and empower our community beneficiaries with access to advanced financial services. This collaboration exemplifies our commitment to making a meaningful impact on lives, fostering economic resilience, and driving positive change in the communities we serve.”

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 over 3.5 lakh beneficiaries covering SHG women, farmers and youth to become Individual Business Correspondents for various IPPB services.