Department of Posts and BSE Sign MoU to Expand Mutual Fund Access Across India

In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE, Asia’s oldest stock exchange, have signed a landmark MoU to expand access to mutual fund services across India. By using India Post’s end to end presence in rural and semi-urban areas, the initiative aims to bring investment opportunities closer to millions of citizens who have limited access to formal financial products.

Key Features of the Partnership

  • Selected postal employees will be trained and certified as mutual fund distributors.
  • Postal staff will assist customers with informed investment decisions and execute transactions.
  • The distribution will happen through BSE StAR MF, India’s largest mutual fund platform.
  • The MoU is valid for three years: from 12 December 2025 to 11 December 2028.
  • Collaboration includes generation of EUINs (Employee Unique Identification Numbers) for authorized personnel.
  • BSE will help postal employees obtain NISM Mutual Fund Distributor Certification.

Once certified, postal employees will be able to support customers with transactions, investor services, and guidance at the last mile.

How This Initiative Enhances Financial Inclusion

Combining India Post’s outreach with BSE’s technology bridges one of the biggest gaps in the financial sector rural access. This collaboration will,

  • Bring investment services to Tier-2, Tier-3, and remote areas
  • Encourage informed financial decision-making through trained officials
  • Reduce dependence on unregulated or informal investment channels
  • Support the broader goal of creating a financially aware and empowered population

Key Static Information

  • Signing date: 12 December 2025
  • MoU validity: 2025–2028 (3 years)
  • Partners: Department of Posts (Ministry of Communications) and BSE
  • Platform used: BSE StAR MF
Shivam

Recent Posts

Which Lake is known as the Five Flower Lake?

Some places in the world are famous for their amazing natural beauty, attracting travelers from…

3 hours ago

Which Waterfall is known as the Smoke that Thunders?

Waterfalls are one of nature’s most beautiful and powerful sights. They show how water can…

3 hours ago

Gaganyaan and Artemis-II: Landmark Human Space Missions of 2026

The year 2026 is expected to be a defining moment for global space exploration. India…

5 hours ago

Assam Becomes First State to Constitute 8th State Pay Commission

Assam has taken a lead in government pay reforms by becoming the first state in…

5 hours ago

Centre Appoints New Chief Justices for Kerala, Patna and Meghalaya High Courts

The Union government has approved key judicial appointments and transfers involving three High Courts in…

5 hours ago

MoSPI Unveils New Logo and Mascot to Promote Data-Driven Governance

The Ministry of Statistics and Programme Implementation (MoSPI) has taken a significant step towards modernizing…

6 hours ago