नया खाता खोलने हेतु या हमारे उत्पाद एवं सेवाओं के बारे में अधिक जानकारी के लिए:
हमारे टोल फ्री संख्या 155299/033-22029000 पर कॉल करें।
हमें contact@ippbonline.in पर ई-मेल करें।
SHG Savings Account
Simple, Secure Banking for Self Help Group
Self-Help Groups (SHGs) are driving economic empowerment across rural India by enabling communities to start businesses, increase incomes, and build sustainable livelihoods. To support this movement, India Post Payments Bank (IPPB) offers the SHG Savings Account — a simple and secure banking solution designed specifically for Self Help Groups and rural micro-entrepreneurs.
Backed by India’s vast postal network and doorstep banking services, IPPB makes managing group finances easy, accessible and reliable.
Designed for Simplicity. Built for Inclusion
The IPPB SHG Savings Account removes traditional banking barriers and focuses on what truly matters: convenience, affordability, and trust
Key Benefits
- Zero subscription charges
- Zero minimum initial deposit
- No Monthly Average Balance requirement
- Maximum end-of-day balance: ₹2,00,000
- Quarterly interest payout as per applicable savings rates
- Free cash deposits and withdrawals
- One free physical monthly account statement
- Free QR Card
- No account closure charges
The account opening process is paperless and digitally enabled, assisted by the Postman or Gramin Dak Sevak (GDS), bringing banking services directly to the community.
Supporting Rural Livelihoods
The IPPB SHG Savings Account is ideal for groups engaged in activities such as:
- Retail and small trading
- Cattle rearing and dairy activities
- Tailoring and handicrafts
- Zari work and embroidery
- Artificial jewellery making
- Other local micro-enterprises
Banking at Your Doorstep
With a network of over 1.65 lakh Post Offices, India Post Payments Bank brings banking services directly to rural communities. SHGs no longer need to travel long distances or navigate complex procedures. Deposits, withdrawals, and account support are available locally through trusted Postman & Grameen Dak Sewaks. This unique last-mile model strengthens financial inclusion and supports national initiatives focused on empowering rural communities and grassroots entrepreneurs. |
Important Information
To keep the account simple and purpose-driven for SHG operations, the following services are not available:
- Mobile banking access
- Nomination facility
- POSA account linkage
- Standing instructions
- Bill payments or mobile recharges
- Virtual debit card issuance
A Trusted Banking Partner for SHGs The IPPB SHG Savings Account reflects the spirit of collective growth by offering inclusive, accessible and reliable banking for Self Help Groups across India. With IPPB, your group’s financial journey is supported by a trusted partner committed to rural empowerment and financial inclusion.
Click here to see the detailed Schedule of charges. Click here
Click here to see the IPPB SHG Savings Account FAQ. Click here
Call 155299 or 033-22029000 to avail Doorstep banking services to open IPPB SHG Savings Account.