New Delhi, December 12, 2025:
In a major push toward strengthening financial inclusion and democratizing access to investment products, the Department of Posts (DoP) under the Ministry of Communications and BSE, Asia’s oldest stock exchange, signed a landmark Memorandum of Understanding (MoU) in New Delhi today. The agreement aligns with the Union Budget 2025–26 vision of transforming India Post’s vast network into an engine of economic activity and financial empowerment, especially in rural and semi-urban India.
India Post to Become Mutual Fund Distributor Across Its Nationwide Network
Under this strategic partnership, India Post will now be able to distribute mutual fund products through its extensive network of post offices. By integrating India Post’s unparalleled last-mile connectivity with BSE StAR MF, India’s largest mutual fund distribution platform, the initiative seeks to bridge longstanding gaps in investment accessibility.
This collaboration directly supports India’s financial inclusion goals by enabling citizens — including those in underserved and remote regions — to explore wealth-creation opportunities through mutual funds.
MoU Signed by Senior Leaders; Three-Year Partnership Framework Finalized
The MoU was formally signed by:
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Ms. Manisha Bansal Badal, General Manager (CCS & RB), Department of Posts
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Shri Sundararaman Ramamurthy, MD & CEO, BSE
Senior officials from both institutions witnessed the signing, signaling strong institutional commitment.
The agreement is valid for three years (12.12.2025 to 11.12.2028), with scope for renewal.
Training Postal Employees as Certified Mutual Fund Distributors
To ensure credible and compliant investor services, selected postal employees will undergo:
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NISM Mutual Fund Distributor Certification
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Specialized training to guide investors
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Access to the BSE StAR MF platform
BSE will generate Employee Unique Identification Numbers (EUINs) for certified officials, ensuring transparency and regulatory compliance.
Once trained, these officials will be able to:
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Assist customers with informed fund selection
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Execute mutual fund purchase and redemption transactions
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Provide investor support at the grassroots level
Expanded Financial Services and a Modernized Postal Network
This partnership enhances India Post’s growing role in financial service delivery. The postal network, traditionally focused on savings schemes, now adds mutual funds, providing customers with modern investment options.
The move supports DoP’s broader vision to:
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Diversify its financial offerings
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Strengthen service delivery
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Promote financial literacy and awareness
Meanwhile, BSE gains a strengthened distribution network, enabling deeper outreach and a more inclusive mutual fund ecosystem.
Impact: Transforming Rural Investment Participation
The initiative is expected to have wide-ranging benefits, including:
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Increased mutual fund penetration in Tier-2, Tier-3, and rural areas
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Improved accessibility to formal investment avenues
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Strengthened investor education and awareness
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Enhanced financial empowerment for households across India
By merging technology-driven solutions with India Post’s deep-rooted community presence, the partnership aims to create a financially aware, confident, and investment-ready population.
Conclusion
The DoP–BSE MoU marks a milestone in India’s journey toward democratizing financial markets. As postal staff become certified mutual fund distributors and post offices evolve into gateways for investment information and services, millions of citizens will gain unprecedented access to wealth-building opportunities — reinforcing India Post’s position as a cornerstone of inclusive financial growth.
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Source: PIB
