Apart from the basic savings account, you can deposit only 10 thousand rupees every month in savings and current accounts without any charge.
New Delhi. If you are a customer of India Post Payments Bank (IPPB) then there is a bad news for you. Now the account holders of this bank will have to pay a charge for withdrawing and depositing money more than a limit. This new rule has become effective from today i.e. January 1.
Apart from the basic savings account, you can withdraw only 25 thousand rupees every month from other savings and current accounts without any charge and after that 0.50 percent fee (minimum Rs 25 per transaction) will have to be paid.
Minimum charge of Rs.25
At the same time, apart from the basic savings account, you can deposit only 10 thousand rupees every month in savings and current accounts without any charge. Deposits above this will attract a charge of 0.50 per cent (minimum Rs 25 per transaction).
From August 1, the bank is charging doorstep banking charges
Earlier, India Post Payments Bank had implemented the new rates of doorstep banking charges on August 1, 2021.
Account can be opened online in IPPB
>> Download the IPPB app and click on ‘Open Account’.
>> Enter Mobile Number and PAN.
>> After this you have to enter the Aadhar number.
>> Now OTP will come on the mobile number registered in the account opener’s Aadhaar.
>> Now some personal details have to be entered, such as mother’s name, educational qualification, address and nomination details etc.
>> After submission the account will be opened and it can be accessed from the app.
