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The PIN system was introduced on 15 August 1972 by Shriram Bhikaji Velankar, an additional secretary in the Government of India's Ministry of Communications. [1] [2] [3] The system was introduced to simplify the manual sorting and delivery of mail by eliminating confusion over incorrect addresses, similar place names, and different languages used by the public.
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The postal code refers to the post office at which the receiver's P. O. Box is located. Kiribati: KI: no codes Korea, North: KP: no codes Korea, South: 1 August 2015 KR: NNNNN Previously NNN-NNN (1988~2015), NNN or NNN-NN (1970~1988) Kosovo: XK: NNNNN A separate postal code for Kosovo was introduced by the UNMIK postal administration in 2004 ...
A Post Box of India Post A special stamp released on India Post Payments Bank in 2017. The Postal Index Number (PIN, or sometimes redundantly PIN code) is a six-digit postal code. The PIN system was made by Shriram Bhikaji Velankar when he was at service in Kolkata. It was introduced on 15 August 1972 by former Prime Minister Indira Gandhi.
Mobile Payment Forum of India (MPFI) is the umbrella organisation which is responsible for deploying mobile payments in India. [3] India is the world's largest-growing mobile payments market. [4] Mobile payment surpassed credit card transactions in 2021, clocking an annual value greater than $1 trillion. [5]
Postal codes are known as Postal Index Numbers (PINs; sometimes as PIN codes) in India. The PIN system was introduced on 15 August 1972 by India Post. India uses a unique six-digit code as a geographical number to identify locations in India. The format of the PIN is ZSDPPP defined as follows: Z – Zone S – Sub-zone D – Sorting District
A postage stamp released during the launch of India Post Payments Bank in 2017. On 19 August 2015, the India Post received a licence to run a payments bank from the Reserve Bank of India. On 17 August 2016, it was registered as a public limited government company for setting up a payments bank. [2]