India Post, NSE sign MoU for mutual funds through the postal network.
National News

India Post, NSE sign MoU for mutual funds through the postal network.

Photo Credit: PIB

New Delhi, February 10, 2026: The Ministry of Communications has signed an MoU with the NSE to enable the distribution of mutual fund products through India Post’s vast postal network.

Under the partnership, India Post will leverage its extensive network of over 1.64 lakh post offices, particularly in rural and semi-urban areas, while NSE will provide its SEBI-compliant digital mutual fund transaction platform, covering order placement, processing, and settlement.

The MoU between India Post and NSE will promote investors:

The collaboration aims to improve last-mile access to capital market-linked financial products, promote investor awareness, and enhance transparency and participation in mutual funds, especially in Tier-2, Tier-3, and rural regions.

The MoU was signed on February 10, 2026, 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.

As part of the agreement, selected postal employees will be trained and onboarded as certified mutual fund distributors, subject to mandatory regulatory requirements, including NISM certification and EUIN registration.

These officials will offer mutual fund products and related investor services through NSE’s mutual fund platform.

Speaking on the occasion, Manisha Bansal Badal said the Department of Posts has consistently played a key role in promoting financial inclusion and citizen-centric services.

She noted that the partnership would allow India Post to offer modern investment solutions while ensuring investor protection, transparency, and regulatory compliance.

Sriram Krishnan described the collaboration as a milestone in NSE’s efforts to broaden access to capital market products, stating that the integration of India Post’s physical reach with NSE’s digital infrastructure would create a transparent and investor-friendly distribution ecosystem nationwide.

The MoU will be valid for three years:

The MoU will remain valid for three years, with provisions for renewal by mutual consent.

The initiative will be rolled out in a phased manner, starting with a pilot in selected locations.

This partnership aligns with the Government of India’s broader efforts to promote financial literacy, investor protection, and inclusive access to financial services across the country.

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