New Delhi: The India Post Mutual Fund Distribution initiative received a major boost as the Department of Posts (DoP), Ministry of Communications, Government of India, signed a Memorandum of Understanding (MoU) with the National Stock Exchange of India Limited (NSE) to enable the distribution of mutual fund products through India Post’s extensive postal network.
The Department of Posts, leveraging its vast network of over 1.64 lakh post offices across the country, will collaborate with NSE, which operates a robust digital platform for mutual fund transactions covering order placement, processing, and settlement in compliance with SEBI regulations.
The partnership aims to strengthen last-mile access to mutual fund products, particularly in rural and semi-urban regions.
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India Post Mutual Fund Distribution to Strengthen Financial Inclusion
This strategic collaboration aligns with the Government of India’s vision of expanding financial inclusion by combining India Post’s trusted nationwide reach with NSE’s market infrastructure and technological expertise.
The India Post mutual fund distribution initiative is expected to improve investor awareness, transparency, and participation in capital market-linked financial products.
The MoU was signed in New Delhi by Manisha Bansal Badal, General Manager (Citizen Centric Services & Rural Business), Department of Posts, and Sriram Krishnan, Chief Business Development Officer, NSE, in the presence of senior officials from both organizations.
Under the agreement, selected employees of the Department of Posts will be identified, trained, and onboarded as certified mutual fund distributors.
These officials will provide mutual fund products and investor services through NSE’s mutual fund platform, subject to mandatory regulatory requirements, including NISM certification and EUIN registration.
The MoU will remain valid for three years from the date of execution, with provisions for renewal by mutual consent.
Speaking on the occasion, Manisha Bansal Badal, General Manager (CCS & RB), Department of Posts, said: “The Department of Posts has always played a pivotal role in advancing financial inclusion and delivering citizen-centric services. This partnership with NSE will enable India Post to offer modern investment solutions to its customers while maintaining the highest standards of investor protection, transparency, and regulatory compliance.”
Sriram Krishnan, Chief Business Development Officer, NSE, said: “This collaboration with the Department of Posts marks an important milestone in NSE’s efforts to broaden access to capital market-linked financial products.
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By leveraging India Post’s vast physical presence along with NSE’s digital mutual fund platform, we aim to create a transparent, compliant, and investor-friendly distribution ecosystem that reaches citizens across the length and breadth of the country.”
The India Post mutual fund distribution initiative is expected to increase mutual fund penetration in Tier-2, Tier-3, and rural markets, strengthen investor confidence, and support India’s progress toward a financially empowered society.
The MoU, signed on February 10, 2026, will be implemented in a phased manner, beginning with a pilot across selected locations.
