India Post Payments Bank (IPPB) IFSC Code — Complete Guide
India Post Payments Bank (IPPB) was launched in September 2018 by the Government of India under the Department of Posts. Leveraging India's vast postal network of 1.36 lakh post offices and 3 lakh postal employees (especially Gramin Dak Sevaks), IPPB is the world's largest banking network by access points. It focuses on doorstep banking for rural India, offering savings accounts, money transfers, direct benefit transfer, and bill payments.
How to Find IPPB IFSC Code
- Use the search tool above — select state, district and branch
- Check your IPPB cheque book — IFSC at top of every leaf
- Front page of your IPPB passbook
- IPPB net banking → Account Details
What is a Payments Bank?
Payments Banks are a special type of bank licensed by the Reserve Bank of India. They can accept deposits up to ₹2 lakh per customer, offer debit cards and mobile banking, facilitate domestic remittances and bill payments — but they cannot offer loans or credit cards. They are designed to extend banking access to unbanked and underbanked populations.
Do Payments Banks Have IFSC Codes?
Yes. All payments banks licensed by RBI are assigned IFSC codes for their access points and branches, enabling NEFT, RTGS, and IMPS transfers to and from payments bank accounts. You can find and verify IFSC codes using the search tool above.
NEFT and IMPS for Payments Banks
- NEFT: Available 24×7. Payments bank accounts are fully NEFT-enabled.
- IMPS: Instant 24×7 transfers up to ₹2 lakh (deposit limit).
- UPI: All payments banks support UPI for instant transfers.