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India Post Payments Bank opened accounts without mobile verification: ReportA CAG report has highlighted significant issues at India Post Payments Bank. Accounts were opened without proper mobile number verification...
India Post Payments Bank temporarily stops opening of this savings account: Check detailsIndividuals can, however, open other savings accounts from IPPB such as Regular savings account, Premium savings account, Basic savings acc...
India Post Payments Bank to charge annual maintenance and re-issuance fees for virtual debit cardsWith effect from July 15, 2022, India Post Payments Bank (IPPB) has introduced annual maintenance and re-issuance charges for its virtual d...
4 ways to pay your Postal Life Insurance premiumCustomers of India Post can pay their Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) premiums using a variety of India ...
Cabinet approves Rs 820 cr financial support for India Post Payments BankThe Union Cabinet has approved financial support of Rs 820 crore for India Post Payments Bank, a source said on Wednesday. The support will...
How to open, make deposits in a Post Office RD accountIf you have savings account in a Post Office, you can open a Recurring Deposit account online by using your internet banking account. If yo...
India Post Payments Bank to charge Rs 150+GST for closing saving account if this is not doneThe charge will only apply if the Digital Savings account is closed after a year due to lack of KYC updation. Else, there is no charge for ...
Why you should link your India Post Payments Bank account with India Post savings account?To link an individual POSA account to an IPPB savings account, the customer must have an active POSA account.
India Post Payments Bank crosses 2 cr customer markIndia Post Payments Bank (IPPB) has garnered over two crore customers in less than two years of being operational. According to a statement...
How to invest in small savings schemes using the India Post Payments Bank appThe India Post Payments Bank (IPPB) offers a single view of all the post office investments and allows subscribers to manage thee efficient...
Is India Post Payments Bank most tech-enabled bank?Sethi, who had previously worked with Citibank, Vodafone and Yes Bank, rolled out India Post’s payments bank services in a year’s time.
The mother of all banks is coming today: 10 things to knowIPPB is a public sector company under the Department of Posts and the Ministry of Communication.
Government expects India post payments bank to be profitable after 2 years: Communications minister Manoj SinhaWith smartphone and biometrics, we can open accounts within a minute, which is in line with the PM’s aim to make India a cashless Digital e...
Cabinet approves additional funding of Rs 635 crore for IPPBThe limit for savings accounts in IPPB will be Rs 1 lakh. It will provide services to about 170 million postal savings account holders.
Cabinet approves 80% hike in spending for India Post Payments Bank to Rs 1,435 croreIPPB will have 650 branches and 3,250 access points across the country and will offer a range of products such as savings and current accou...
Your friendly neighbourhood postman is about to become a bankerThe government is planning to launch IPPB at a grand function in Delhi’s Talkatora stadium on August 21.
PM Modi to launch India Post Payments Bank on August 21With IPPB in place, people in rural area will be able to avail digital banking and financial services, including money transfer, to any ban...
India Post Payments Bank to start operations soon with 650 branchIPPB was incorporated on August 17, 2016 under Companies Act, 2013 as a public limited company with 100 per cent Government of India equity...
IPPB looking at two way linkages for customer acquisition`We are looking at two way linkages. We are also helping IPPB customers open an India Post account so that he can deposit excess funds over...
Post office savings account customers can soon avail full digital banking serviceThe 34 crore savings accounts comprise 17 crore post office savings bank accounts and rest are those subscribed monthly income scheme, recu...