Ammavodi: Accepting IPPB Account for Crediting
of Jagananna Ammavodi Amounts
Memo No. ESE02-28/23/2022-PLG -CSE,
dated 23/05/2022
Sub: - School Education – Accepting
India Post Payments Bank Account for crediting of Jagananna Ammavodi amounts
which is also facilitated with DBT credits – Request – Regarding.
Ref:- Lr.No. IPPB\AP\DGE-01\2022-23,
Dated:10.05.2022 of the Assistant General Manager & Circle Head, India Post
Payment Bank Vijayawada, Andhra Pradesh addressed to the Hon’ble Minister
Education, A.P., Amaravati.
All the Regional Joint Directors of
School Education and all the District
Educational officers in the State are
informed that in the reference cited, the Assistant General Manager &
Circle Head, India Post Payment Bank, Vijayawada has informed that the Banking
with India Post Payments Bank (IPPB) provides the following advantages to the
Government agencies/ Departments.
• Digitization and enabling of a
"less Cash eco-system"
• Linkage with Payments & Settlement
systems- NEFT, RTGS, UPI, IMPS and BBPS.
• Government Subsidies - PFMS, ABPS
• Overcomes the difficulties based by
the government agencies in ensuring flow of benefits difficulty in reaching
last mile and establishing true identity of customers.
Further it is informed that, their
target segment is rural population and under privileged, they have made their
IFSC code (IPOS0000001) common across the country and provide QR cards to all
the account holders and Virtual Debit card to smart phone users which help them
access banking services and encourage Cash less financial Transactions.
Considering their vast network and
latest technology enabled products & services and the benefits it officers
to the Students (Scholarship Beneficiaries), the Assistant General Manager
& Circle Head India Post Payment Bank Vijayawada, Andhra Pradesh has
requested to instruct the field functionaries to accept their bank "India
Post Payments Bank" for Amma Vodi of Andhra Pradesh state Government and
Inclusion of their bank account in the above mentioned portal for those beneficiaries
who are already having their bank account to avail the low cost and hassle
services offered by them.
Therefore, while communicating herewith
a copy of the letter of the Assistant General Manager & Circle Head India
Post Payment Bank Vijayawada, all the Regional Joint Directors of School
Education and all the District Educational officers in the state are requested
to issue necessary instructions to all the Head Masters of all management
Schools/MEOs/Dy.E.Os in their jurisdiction that all accounts in the "India
Post Payments Bank" are also eligible for Jagananna Amma Vodi programme
and those beneficiaries who are already having their account in the India Post
Payments Bank and seeded with Aadhar number can avail the Ammavodi program
through this account.
REFERENCE: Lr.No.
IPPB\AP\DGE-01\2022-23, Dated:10.05.2022
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