The Postal Department in India or India Post is going to launch online banking in India for all departmental Post offices. The India Post online banking will be launch sometime in the quarter half of the next year. After the launching of online banking for Indian Post the Indian people get maximum benefits from this.
Commissioning the Automatic Mail Processing Centre in Kolkata on Sunday, Minister of State for Communication & Information Technology Killi Kruparani said, the department has decided to install 1,000 ATMs in the main Post Offices.
The Indian Postal Department is now very popular for postal life insurance or PLI. Postal life insurance is available to employees of all central and state government departments, nationalized banks, public-sector and financial institutions, local municipalities, district councils and educational institutions receiving government subsidy.
After the launch of online banking for India Post allows Indian consumers make post online. The RPLI and PLI consumers can make postal life insurance payments online. So you have to wait at-least a year to pay postal life insurance premium online.