Postal Savings Bank

The Postal Savings Bank is a financial institution that operates through a network of post offices, allowing people to deposit money, earn interest, and access banking services conveniently. It combines traditional banking with the widespread reach of postal services, making financial inclusion accessible, especially in rural or less-developed areas. Customers can perform transactions such as savings, withdrawals, and transfers, often at lower costs and with easier access than conventional banks. This type of bank helps promote savings and financial stability for individuals who may not have easy access to commercial banking facilities.