New Delhi: The Department of Posts under the Ministry of Communications entered into a strategic partnership with the National Stock Exchange of India Limited (NSE) on Tuesday to make mutual fund products available through India Post’s vast nationwide network.
Under the agreement, India Post will leverage its more than 1.64 lakh post offices to help extend mutual fund services to people across the country, particularly in rural and semi-urban regions where access to formal investment channels remains limited.
NSE will support the initiative through its digital mutual fund transaction platform, which manages the full process – from order placement to settlement – while complying with SEBI regulations.
The collaboration reflects the central government’s broader push to deepen financial inclusion by combining the reach and public trust of India Post with NSE’s technology-driven market infrastructure. Officials said the initiative is expected to improve investor awareness, transparency, and participation in capital market–linked products.
The Memorandum of Understanding (MoU) was signed in New Delhi by Manisha Bansal Badal, General Manager (Citizen Centric Services & Rural Business) at the Department of Posts, and Sriram Krishnan, Chief Business Development Officer of NSE, in the presence of senior officials from both organisations.
The partnership aims to boost mutual fund penetration in Tier-2, Tier-3, and rural areas, helping more citizens participate in organised investment avenues and strengthening confidence in regulated financial products. The MoU will remain valid for three years and can be extended with mutual consent, according to an official statement.
Implementation will take place in phases, starting with a pilot project in selected locations. The initiative is aligned with ongoing national efforts to promote financial literacy, investor protection, and inclusive access to financial services.
