IPPB Incentive for End Users

More Customers | More Transactions | More Rewards

1. Merchant Sound Box Issuance

LO EU Amount: ₹100/-

Eligibility Criteria:

• ₹50 as incentive shall be paid upfront in the next month of issuance to the LO End User for every sound box issued.

2. Merchant Onboarding & Activation

LO EU Amount: ₹25/-

Eligibility Criteria:

• Any new merchant onboarded with a minimum of 20 inward UPI transactions received in each month after the onboarding month during the campaign period.
• Existing merchants inactive as on 30th September 2026 must receive 20 inward UPI transactions in each month during the campaign period.

Minimum transaction value for qualification: ₹10/-.

3. Aadhaar Seeding in Existing Accounts

LO EU Amount: ₹9/-

Eligibility Criteria:

• Any unseeded accounts as on 30th September 2026 that are seeded with Aadhaar during the campaign period.

Minimum 10 Aadhaar seedings are required in a calendar month to be eligible for the incentive.

4. POSB–IPPB Account Linkage

LO EU Amount: ₹9/-

Eligibility Criteria:

• Any POSB–IPPB linkage completed in new or existing IPPB accounts during the campaign period.

Minimum 10 POSB linkages are required in a calendar month to be eligible for the incentive.

5. PM Vishwakarma Merchant Onboarding

LO EU Amount: ₹23/-

Eligibility Criteria:

• Any PM Vishwakarma beneficiary onboarded as an IPPB merchant, with two inward UPI transactions received within the same month of onboarding.
• The incentive to the End User is subject to receipt of the incentive by the bank from the Ministry of MSME.