In a few days, along with the new year, the month of the year is also going to start. At the same time, in the new month, many banks are going to make major changes in their rules.
Something similar will be seen by the customers of India Post Payments Bank (IPPB). In fact, from January 1, India Post Payments Bank (IPPB) is making major changes in the rules for withdrawing and depositing cash. After which the customers may also get a big setback. Explain that now bank account holders will have to pay a charge for withdrawing and depositing cash more than a limit. This rule will be implemented by India Post Payments Bank (IPPB) from January 1.
Impact on customers
Explain that three types of savings accounts are opened in India Post Payment Bank. At the same time, these three accounts have different rules, but from January 1, some changes are happening in these rules. If you have a basic savings account with the bank, then after the free cash limit is exhausted, you will have to pay a charge of Rs 25. However, there will be no charge for depositing money in this account.
These accounts will be charged
If you have a savings and current account in IPPB, then you will have to pay extra charge for depositing more than Rs 10,000, IPPB has given information in this regard on its website. Along with this, if you have a savings account and a current account, then you will not be charged any charge for withdrawing Rs 25,000 every month, but if you have withdrawn money after the free limit, then you will have to pay Rs 25 charge on every withdrawal.