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IPPB - POST OFFICE SAVINGS ACCOUNT LINKAGE. PAYMENTS TO DEPARTMENT OF POSTS PRODUCTS - PUBLIC PROVIDENT FUND, SUKANYA SAMRIDDHI ACCOUNT, RECURRING DEPOSITS, LOAN AGAINST RECURRING DEPOSITS, POSTAL/ RURAL POSTAL LIFE INSURANCE. LIFE INSURANCE.
Personal - India Post Payments Bank. Individual Business correspondent – Eligibilty criteria for becoming an IPPB Business Correspondent. Opening of new digital savings account has been temporarily suspended w.e.f 18 th May 2023. India Post Payments Bank launches Whatsapp Banking on 88007 56000.
IPPB’s 360-degree payments suite creates transparency, removes corruption and leakages and contributes to a less-cash economy. Individual Level Provides customers with the ability to transact without cash through digital channels and enable small businesses to accept digital payments, thus closing the loop.
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 9 crore customers.
Key Account Features and Benefits. Banking at your convenience. Instant self on-boarding. RuPay Virtual Debit Card for online transactions. No monthly average balance required to be maintained. The account can be opened with zero balance. Free monthly e-statement. Easy bill payments and recharges.
Oct 31, 2023 · How to Avail IPPB Services: Customers can access IPPB services through counter services, micro ATMs, a mobile banking app, messages, and interactive voice response. Account opening relies on Aadhaar, while QR cards and biometrics are used for authentication.
New Delhi – December 27, 2021: India Post Payments Bank (IPPB) and HDFC Bank have signed a Memorandum of Understanding (MoU) for offering various banking products and services to customers of IPPB in semi-urban and rural areas, focussing on unbanked and underserved segments.
