You can open your savings account in India Post Payment Bank online from the comfort of your home. IPPB provides facility to open savings account digitally through its mobile app. You can do basic banking transactions very easily through this app.
India Post Payment Bank (IPPB) provides facility to open savings account digitally through its mobile app. Anyone who has an account in the post office, they can do basic banking transactions very easily through this app. With this app, the access to banking services of the customers has become very easy. If you do not have time to go to the post office to open an IPPB account and you want to avoid the problem of standing there, then you can download the IPPB app and open a digital savings account from it while sitting at home.
Who can open his account
However, under this only Indian citizens above the age of 18 years can open their account. Apart from this, this digital savings account is valid for one year. You have to complete the biometric authentication for your account within one year of account opening. After which it is converted into a regular savings account.
Step by step process to open an account
To open your savings account, first you need to download IPPB Mobile Banking App in your mobile phone. After this, you have to open the IPPB mobile banking app and click on ‘Open Account’. By going to the ‘Open Account’ account option, you have to enter the PAN card number and Aadhaar number. After entering the PAN card number and Aadhar card number, an OTP will be sent to your linked mobile number. You have to enter that OTP.
After this step, now you have to enter the details of your mother’s name, educational qualification, address and nominee etc. After entering these details, you have to click on submit option. After this process is completed, your account will be opened. You can use this bank account through your app.