Those who have an account in the Post Office, apart from checking the balance through India Post Payment Bank (IPPB), can do the transfer of money and other financial transactions at home.
New Delhi. If you are also thinking of opening an account in the post office, then now you can open a digital saving account from the mobile app. The post office provides online banking facility through its customers IPPB Mobile App. Those who have an account in the Post Office, apart from checking the balance through India Post Payment Bank (IPPB), can do the transfer of money and other financial transactions at home. For this you do not need to stand in long lines. So let’s know how you can open an account and other transactions from home.
In this way, open the account with IPPB Mobile App
>> To open an account with India Post Payment Bank, the applicant must be 18 years old.
>> Applicant should be an Indian citizen.
>>
>> Now open the app and click on ‘Open Account’.
>> After this, fill all the required information asked.
>> OTP will come on your mobile to enter information, insert it.
>> Now you have to fill your parents name, educational qualification, address and nominee etc.
>> Then click submit.
>> Your account will be opened.
will have to be done in a year. KYC account holder has to complete the KYC process by going to the nearest post office branch to keep the account active and convert it into a regular savings account.
Post Office Offers Many Facilities
Post office provides a savings account for the convenience of the customer as well as saving deposit (RD), public provident fund (PPF), Sukanya Samriddhi account (SSA) saving scheme. You
can make digital payments,
if you are taking any or any of these schemes, then you can make digital payments with the help of India Post Payment Bank. Apart from this, money can also be transferred from other bank accounts to IPPB.
