The Department of Posts (DoP) under the Ministry of Communications has signed a Memorandum of Understanding (MoU) with the Bombay Stock Exchange (BSE), aligning with the Budget 2025-26 initiatives. This partnership aims to utilize India Post’s extensive postal network as a driver for economic growth in rural and semi-urban areas.
India Post has long been instrumental in enhancing financial access and fostering inclusive development across the nation. The strategic collaboration positions India Post as a distributor of mutual fund products, significantly benefiting citizens in underserved regions. The Ministry of Communications stated that this initiative combines India Post’s extensive last-mile delivery capabilities with BSE Star MF, the largest mutual fund distribution platform in the country, thereby democratizing access to investment opportunities and promoting broader involvement in financial markets.
As part of the agreement, selected postal employees will receive training and certification as mutual fund distributors, enabling them to offer investor services and facilitate transactions through the BSE StAR MF platform. The MoU is valid for three years, with renewal provisions. Additionally, BSE will assist in onboarding eligible postal officials by generating Employee Unique Identification Numbers (EUIN) for authorized personnel, ensuring transparent and compliant distribution of mutual fund products.
BSE will also aid the certification process by supporting postal employees and agents in obtaining the mandatory National Institute of Securities Markets (NISM) Mutual Fund Distributor certification. Once certified, these officials will help customers make informed investment choices, execute mutual fund transactions, and provide investor support services at the last mile.
This collaboration underscores the Department of Posts’ commitment to expanding the financial services available to the public and enhancing service delivery nationwide. It aligns with the BSE’s goal of fostering a more efficient and investor-friendly mutual fund ecosystem.
Through this partnership, India Post aims to offer customers access to modern investment options, reinforcing its role as a significant financial service provider. By integrating BSE’s technological capabilities with India Post’s widespread presence, the initiative seeks to improve service accessibility, promote investor education, and encourage wider participation in formal financial markets.
The partnership is anticipated to increase mutual fund penetration in Tier-2 and Tier-3 cities, as well as rural areas, facilitate informed investment behaviors, and contribute to India’s broader ambition of cultivating a financially educated and empowered populace.
Published on December 13, 2025.
