DakPay is a digital payment service, it aims to transform Banking Experience at the last mile, it is launched by which of the following bank?

This question was previously asked in
IBPS PO Mains Memory Based Paper (Held on:04 February 2021)
View all IBPS PO Papers >
  1. ICICI Bank
  2. Canara Bank
  3. IndusInd Bank
  4. India Post Payments Bank
  5. None of the above

Answer (Detailed Solution Below)

Option 4 : India Post Payments Bank
Free
IBPS PO 2024 Prelims Full Test 1
1.1 Lakh Users
100 Questions 100 Marks 60 Mins

Detailed Solution

Download Solution PDF

The correct answer is ​India Post Payments Bank.

Key Points

  • India Post Payments Bank launches its digital payments services ‘DakPay’.
    • Aims to Transform Banking Experience at the last mile.
    • DakPay is not just a digital payment app but a suite of digital financial and assisted banking services provided by India Post & IPPB.
    • Launched under: Ministry of Communication and Information Technology
      • Minister: Ravi Shankar Prasad

Additional Information 

Name of the bank Headquarter
ICICI bank Mumbai (Previous Vadodra)
Canara bank Bengaluru
Induslnd Bank Pune
India Post Payments Bank New Delhi
Latest IBPS PO Updates

Last updated on Jun 16, 2025

-> The IBPS PO Revised Exam Calendar 2025 has been officially released on 16th June 2025. 

-> As per the revised calendar, the prelims examination is scheduled for 17th, 23rd, 24th August 2025. The Mains Exam is scheduled for 12th October 2025. 

-> The IBPS PO online application dates is yet to be announced by the board.

-> The selection process for IBPS PO includes a Preliminary Exam, a Mains Exam, and an Interview.

-> The selected candidates will get a salary pay scale from Rs. 23,700 to Rs. 42,020.

-> Candidates must download and practice questions from the IBPS PO previous year's papers and  IBPS PO mock tests for effective preparation/

Get Free Access Now
Hot Links: teen patti master 2023 teen patti 500 bonus teen patti bliss