TURA: Alongside the rest of the country, the nationwide launch of the India Post Payment Bank (IPPB) inaugurated by the Prime Minister of India, Narendra Modi at Talkatora Stadium, New Delhi in the presence of several Governors, Chief Ministers, Union Ministers, State Ministers and others, also took place at Tura with a colorful function organised by the Department of Posts, India.
Tura head post office in West Garo Hills became one of the 650 branches and 3250 access points across the country to be included in the India Post Payment Bank.
Speaking at the launch in Tura as the Chief Guest, Additional Deputy Commissioner, West Garo Hills, Mary T Sangma congratulated the department of Post for initiating such a noble initiative and for providing facilities which will benefit the people of the region. She also urged the people to avail these facilities and be a part in economic development of the country.
Principal, College of Teacher Education, Rongkhon, Tura Samir Bhowmick who graced the occasion as Guest of Honour lauded the department of post for their good service and added that this banking services would provide banking facilities at the doorstep.
The Postmaster, Tura Head Post Office, Nirmal Chakraborty while delivering the keynote address informed that the IPPB has been incorporated as public sector company under the department of post with 100 per cent GOI equity and is governed by the Reserve Bank of India. He also said that the department is providing banking services at the doorstep of the people with a tagline “Aapka bank, Aapka Dwaar” by simple banking solutions on latest digital technology platform. He also informed that the motto is to encourage the habit of savings, investments, insurance among poor people of the region in particular and nation as a whole.
Moreover, the Postmaster informed that financial inclusion is also available to the economically backward section of people in the urban and rural areas and provide loans at reasonable interest rates from normal banks so that they do not become victims in the hands of local money lenders.
During the function, the Chief Guest also released the Special Cover on Financial Inclusion and launched the IPPB Branch and also distributed QR Card to Account holders.
Earlier in the function, there was a Live telecast of the National Launch Event presided over by Prime Minister of India from Talkatora Stadium, New Delhi.