New Delhi: In a significant move to enhance financial inclusion, the Department of Posts (DoP), Ministry of Communications, Government of India, has signed a landmark Memorandum of Understanding (MoU) with BSE to expand India Post Mutual Fund Distribution across the country.
The agreement was formalised on December 12, 2025, in New Delhi, aligning with the Union Budget 2025–26 emphasis on leveraging India Post’s vast network to stimulate economic activity in rural and semi-urban areas.
With its extensive last-mile reach, India Post will act as a distributor of mutual fund products, enabling wider access to investment opportunities for citizens in underserved regions.
By integrating India Post’s nationwide postal infrastructure with BSE StAR MF, the country’s largest mutual fund distribution platform, the initiative aims to democratise investments and encourage broader participation in capital markets.
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India Post Mutual Fund Distribution to Leverage Nationwide Postal Network
The BSE – India Post mutual fund distribution MoU was signed by Manisha Bansal Badal, General Manager (CCS & RB), Department of Posts, and Sundararaman Ramamurthy, MD & CEO, BSE, in the presence of senior officials from both organisations.
Under the agreement, selected postal employees will undergo training and certification to operate as mutual fund distributors. These authorised personnel will facilitate investor services and execute mutual fund transactions through the BSE StAR MF platform.
The MoU will remain effective for a period of three years, from December 12, 2025, to December 11, 2028, with provisions for renewal.
As part of the collaboration, BSE will support the onboarding of trained postal officials by generating Employee Unique Identification Numbers (EUIN) to ensure transparent and compliant mutual fund distribution.
Additionally, BSE will facilitate access to mandatory National Institute of Securities Markets (NISM) Mutual Fund Distributor certification for postal employees and agents.
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Once certified, these officials will assist customers in making informed investment decisions, processing transactions, and providing investor support services at the last mile.
India Post Mutual Fund Distribution: Extensive Last-Mile Reach
The partnership reflects the Department of Posts’ ongoing efforts to expand the portfolio of financial services offered to the public and enhance service delivery nationwide. It also aligns with BSE’s objective of promoting a robust, transparent, and investor-friendly mutual fund ecosystem.
Through the integration of BSE’s technology-driven platform with India Post’s unmatched reach, the initiative is expected to improve accessibility, increase investor awareness, and strengthen participation in formal financial markets.
Impact of India Post Mutual Fund Distribution Initiative
The collaboration is expected to accelerate mutual fund penetration in Tier-2, Tier-3, and rural markets, promote informed investment behaviour, and support India’s broader goal of building a financially empowered and financially literate population.
