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India Post Payments Bank launches zero-balance accounts for rural women's groups.
India Post Payments Bank has introduced a zero-balance, zero-charge savings account for Self Help Groups, particularly women-led ones in rural India.
The account allows up to ₹2 lakh balance, offers quarterly interest, and waives fees for deposits, withdrawals, and closures.
Leveraging the postal network for doorstep banking, the initiative aims to boost financial inclusion and support government livelihood programs.
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