India Post & Stock Holding Services Ltd Partner to Boost Capital Market Access"

The India Post under the aegis of the Ministry of Communications, Government of India is wholeheartedly dedicate to build the bonds of togetherness amongst the various sections of Bharat’s Societies.

Having an extensive nationwide network of more than 1.65 Lacs Post Offices in the Country, the India Post is deemed to be a lifeline for the Country like Bharat. It is indeed an eternal part of every Citizen’s lives. With its ever enhanced Services, the India Post is playing a pivotal or unparalleled role to provide the underserved population with the financial services.

Be it delivering the Letters or ensuring a smoother transportation of the varied logistics across the Country, the India Post’s Team is seemed to be eveready in meeting such needs at ease.

Expanding its arms while keeping in pace with the latest technological or digital world, the India Post has made it really simple and convenient to Book and keep a track record of the various Services at the convenience of a fingertip. There can be attributed a long list of the various public-centric Services being offered by the India Post.

Besides providing its Services at the pan Bharat level, it has also gone global. It has contributed considerably to bring the world closer in sending and receiving logistics with a smile!

Such a gesture for promoting the access to the regulated Capital Market Services for the Citizens across the length and breadth of the Country is indicated in one of its recent endeavors. The Department of Posts under the aegis of the Ministry of Communications, Government of India has achieved yet another milestone in its public-centric segment of the services by inking an Agreement with the Stock Holding Services Limited here at Dak Bhawan, New Delhi.

Future Outcomes of the Collaboration:

The signing of the Agreement will enable the Country’s Citizens in accessing the S.S.L.’s Services through Digital Utilities. It includes the On-boarding Links and Q.R. Codes that are made available through the official platforms and at the selected Post Offices locations.

The Citizens will be provided with a plethora of vivid Services like Opening of Demat and Trading Accounts, Mutual Funds Investments, participation in I.P.O.s and other permitted Investment Products, etc., to name a few.

The partnership focuses on financial awareness and Investor education.

The S.S.L. is bestowed with the responsibility of conducting Investor education and financial literacy programs. It will be supported by the Department of Posts for promoting informed participation in financial markets, particularly, among the first-time Investors and Citizens in the rural and semi-urban areas.

Smt. Vandita Kaul, Secretary, Posts remarked the collaboration to align with the vision of Viksit Bharat - 2047.

Shri Prabhat Kumar Dubey, Managing Director & C.E.O., S.S.L. asserted on the S.S.L.’s commitment to expand access to transparent and regulated capital market services.

The partnership is indeed another leap in the India Post’s ongoing transformation into a digitally enabled, citizen-centric service delivery entity.