India Post Payments Bank
Nitin Jain is a seasoned professional with extensive experience in the insurance and financial services sector. Currently serving as a Business Intermediary at India Post Payments Bank and an Insurance Agent at The New India Assurance Co. Ltd. since 2022, Nitin also holds multiple roles in insurance and financial advisory, including positions at Common Service Center, Star Health and Allied Insurance Co. Ltd., and Life Insurance Corporation of India. Nitin's proficiency encompasses a wide range of insurance types, including health, life, general, and accidental insurance, as well as financial advising services such as recurring deposits and National Savings Schemes. Additionally, Nitin has a strong background in accounting and taxation, specializing in GST and income tax returns while being self-employed since 2020. Nitin Jain holds a Bachelor of Engineering degree in Computer Science and Engineering from Sri Satya Sai Institute of Science & Technology.
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India Post Payments Bank
India Post Payments Bank (IPPB) has been setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India. The fundamental mandate of IPPB is to become the most accessible, affordable and trusted bank for the common man in India, removing barriers for the unbanked and reducing opportunity cost to the underbanked, and in doing so, promote the adoption of cashless transactions in a predominantly cash economy. IPPB will create a platform which will bridge a critical gap in access to formal financial services in every part of our country, by leveraging the Department of Posts’ (DoP’s) unparalleled reach and visibility across India, through its 155,000 post offices and the trust that it enjoys among the common man. Ultimately, IPPB’s vision is to be the most accessible, affordable, and trusted bank for the common man.