India Post Partners with SBI Mutual Fund to Streamline KYC:
To simplify and expand mutual fund investments across India, particularly in remote regions, the Department of Posts (DoP) and SBI Funds Management Limited (SBIFM) have partnered to offer door-to-door KYC verification services. This collaboration ensures secure, accurate, and convenient onboarding of mutual fund investors, leveraging India Post’s vast postal networkIndia Post has signed a Memorandum of Understanding (MoU) with SBI Mutual Fund to offer doorstep KYC verification services across India, especially targeting rural and underserved regions. This initiative promotes financial inclusion under the Jan Nivesh and Digital India programs.
