India Post-SIDBI MoU for Nationwide Verification of Informal Enterprises to Boost Credit Access

Key facts

• The Department of Posts (DoP) and SIDBI signed an MoU for Contact Point Verification (CPV) of Informal Micro Enterprises registered on the Udyam Assist Platform.
• India Post will leverage its 1.64 lakh Post Offices to conduct on-ground CPV including physical verification of business existence, location, activity and key business parameters.
• SIDBI will integrate CPV reports into the Udyam Assist Platform to strengthen data credibility and enable informed credit decisions for informal micro enterprises.
• A dedicated digital CPV mobile application will drive the initiative, ensuring speed, transparency and nationwide scalability.
• The MoU is valid for two years from 31 December 2025 to 30 December 2027, with provisions for extension and includes clauses on data confidentiality, dispute resolution and termination.