Public sector India Post Payments Bank will provide digital life certificate services to EPFO pensioners at their doorsteps. A memorandum of understanding has been signed between the two organizations.
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India Post Payments Bank: The public sector India Post Payments Bank will provide digital life certificate services to EPFO pensioners at their doorsteps. A Memorandum of Understanding has been signed between the two organizations. Under this collaboration, India Post Payments Bank (IPPB) will leverage its extensive network of over 1.65 lakh post offices and 300,000 postal service providers (postmen and Gramin Dak Sevaks) equipped with banking devices.
These devices are used to digitally process facial recognition technology and fingerprint biometric verification to assist EPFO pensioners in submitting their digital life certificates.
About the agreement
India Post Payments Bank has signed a Memorandum of Understanding (MoU) with the Employees’ Provident Fund Organization (EPFO) to provide doorstep digital life certificate services to its pensioners under the Employees’ Pension Scheme, 1995. Digital Life Certificate (DLC) allows pensioners to verify their life certificates online instead of visiting the office every year. This eliminates the need for them to visit bank branches or EPFO offices to submit traditional paper-based certificates.
According to a statement, the EPFO will bear the entire cost of issuing digital life certificates, making this service free for its pensioners. India Post Payments Bank launched the doorstep Digital Life Certificate service in 2020, using Aadhaar-enabled biometric verification to reduce the time taken to issue life certificates for pensioners.
Visweswaran said, “This partnership with EPFO reaffirms IPPB’s mission of providing essential financial and civic services to every household in India.” With our technology-enabled postal network and access to reliable last mile connectivity, EPFO pensioners will now be able to submit their life certificates with ease.
According to the statement, to avail this service, EPFO pensioners will have to contact their postman or Gramin Dak Sevak or visit their nearest post office, provide their Aadhaar number and pension details for Aadhaar-linked facial authentication or fingerprint biometric verification.
