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India Post Payments Bank
4.1
based on 135 Reviews
Company Overview
Company Locations
Working at India Post Payments Bank
Company Summary
Overall Rating
4.1/5
based on 135 reviews
8% above
industry average
Highly rated for
Job security, Work-life balance, Salary
Work Policy
Work from office
83% employees reported
Monday to Saturday
41% employees reported
Strict timing
53% employees reported
Within city
66% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
5 employees reported
Office cab/shuttle
1 employee reported
Child care facility
1 employee reported
View detailed benefits
About India Post Payments Bank
Founded in--
India Employee Count51-200
Global Employee Count--
Headquarters--
Office Locations
--
Websiteippbonline.com
Primary Industry
Other Industries
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India Post Payments Bank Ratings
based on 135 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
66
4
29
3
15
2
6
1
19
Category Ratings
4.2
Job security
4.1
Work-life balance
4.0
Salary
3.9
Company culture
3.8
Skill development
3.8
Work satisfaction
3.6
Promotions
India Post Payments Bank is rated 4.1 out of 5 stars on AmbitionBox, based on 135 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at India Post Payments Bank
based on 129 reviews
4.3
Rated by 25 Women
Rated 4.3 for Work-life balance and 4.2 for Company culture
4.1
Rated by 104 Men
Rated 4.2 for Job security and 4.0 for Work-life balance
Work Policy at India Post Payments Bank
based on 41 reviews in last 6 months
Work from office
83%
Permanent work from home
13%
Hybrid
4%
India Post Payments Bank Reviews
Top mentions in India Post Payments Bank Reviews
+ 4 more
Compare India Post Payments Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 135 reviews | 3.8/5 based on 4k reviews | 3.5/5 based on 1.6k reviews | 3.4/5 based on 1.2k reviews |
Highly Rated for | Job security Work-life balance Salary | Job security Salary | Job security | Job security |
Critically Rated for | No critically rated category | No critically rated category | Promotions Work satisfaction Work-life balance | Work-life balance Company culture Work satisfaction |
Primary Work Policy | Work from office 83% employees reported | Work from office 82% employees reported | Work from office 89% employees reported | Work from office 98% employees reported |
Rating by Women Employees | 4.3 Good rated by 25 women | 3.8 Good rated by 850 women | 3.5 Good rated by 345 women | 3.4 Average rated by 225 women |
Rating by Men Employees | 4.1 Good rated by 104 men | 3.8 Good rated by 2.8k men | 3.5 Good rated by 1.1k men | 3.4 Average rated by 847 men |
Job security | 4.2 Good | 4.1 Good | 3.8 Good | 4.1 Good |
View more
India Post Payments Bank Salaries
India Post Payments Bank salaries have received with an average score of 4.0 out of 5 by 135 employees.
Senior Branch Manager
(22 salaries)
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₹11.9 L/yr - ₹27 L/yr
Chief Manager
(17 salaries)
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₹16 L/yr - ₹30 L/yr
Area Sales Manager
(17 salaries)
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₹9 L/yr - ₹12 L/yr
Branch Manager
(15 salaries)
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₹10.4 L/yr - ₹20.7 L/yr
Area Operation Manager
(9 salaries)
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₹10.8 L/yr - ₹18.5 L/yr
Relationship Executive
(9 salaries)
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₹1.5 L/yr - ₹3.6 L/yr
Branch Head
(6 salaries)
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₹10 L/yr - ₹16 L/yr
Operations Manager
(6 salaries)
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₹11 L/yr - ₹17 L/yr
Operational Risk Manager
(6 salaries)
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₹13.2 L/yr - ₹17 L/yr
Chief Compliance Officer
(6 salaries)
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₹45 L/yr - ₹51 L/yr
India Post Payments Bank News
Department of Posts to double its network of ATMs to 2,000
- India's Department of Posts (DoP) has announced plans to double its network of ATMs to 2,000.
- The new ATMs will be enabled for the interoperable card-less cash withdrawal facility and will be implemented under the operating expenditure (opex) model.
- The India Post Payments Bank (IPPB) has been managing the ATMs of DoP since 2022.
- The ATM network expansion is expected to get a boost as the National Payments Corporation of India (NPCI) has increased the ATM interchange fees and the RBI has allowed banks to increase customer charges for transactions beyond the mandatory free transactions.
HinduBusinessLine | 31 Mar, 2025
ATM Crisis: Lenders Scramble To Replace AGS Transact Amid Financial Woes
- India's largest banks are facing challenges as AGS Transact Technologies, a key ATM service provider, grapples with financial instability.
- State Bank of India and Union Bank of India are swiftly shifting ATMs to other providers due to AGS Transact's financial crisis causing concerns about meeting obligations.
- AGS Transact is struggling with defaults, outstanding dues, employee salaries, and payments to ATM property owners, totaling Rs 726 crore.
- RBI held meetings with banks using AGS services, prompting banks like SBI and Union Bank of India to migrate to different vendors for ATM operations.
- SBI has already transitioned over half of its 7,000 ATMs managed by AGS, aiming to complete the transfer of 2,000 machines by March 31.
- India recorded 2.57 lakh ATMs in January, with about 35,000 affected by AGS Transact's financial crisis.
- Apart from SBI and Union Bank of India, other major banks like HDFC, Axis, ICICI, Kotak, YES Bank, and India Post Payments Bank faced similar disruptions.
- Transition costs may have been lower for banks that shifted to new service providers last year, as higher fees are now being charged due to the industry's current situation.
- AGS Transact Executive Director mentioned that public sector banks have been reducing their reliance on AGS since September, leading to a decline in the total number of ATMs managed by AGS.
- AGS Transact has transferred approximately 50% of its ATMs to banks and other service providers to minimize disruptions, according to a media statement.
Bloomberg Quint | 28 Mar, 2025
PNB MetLife, India Post Payments Bank partner to offer inclusive life insurance solutions
- PNB MetLife and India Post Payments Bank (IPPB) have formed a strategic bancassurance alliance to expand access to life insurance solutions nationwide.
- The partnership aims to bring life insurance to every household in India by combining PNB MetLife's range of products with IPPB's vast network of banking outlets.
- The collaboration strengthens financial inclusion across the country and helps customers protect their future and fulfill their aspirations.
- PNB MetLife and IPPB aim to create a robust ecosystem for life insurance awareness and adoption, providing greater security to more families in India.
Banking Frontiers | 1 Feb, 2025
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India Post Payments Bank FAQs
How many employees does India Post Payments Bank have in India?
India Post Payments Bank currently has more than 100+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in India Post Payments Bank based on the number of reviews submitted on AmbitionBox.
Does India Post Payments Bank have good work-life balance?
India Post Payments Bank has a work-life balance rating of 4.1 out of 5 based on 100+ employee reviews on AmbitionBox. 70% employees rated India Post Payments Bank 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read India Post Payments Bank work-life balance reviews for more details
Is India Post Payments Bank good for career growth?
Career growth at India Post Payments Bank is rated fairly well, with a promotions and appraisal rating of 3.6. 70% employees rated India Post Payments Bank 4 or above, while 30% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading India Post Payments Bank promotions/appraisals reviews for more detailed insights.
What are the pros of working in India Post Payments Bank?
Working at India Post Payments Bank offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and salary & benefits, based on 100+ employee reviews on AmbitionBox.
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