Wednesday, February 10, 2021

How to Open India Postal Payment Bank Account Online

 How to open a savings account with Indian Post Payments Bank Online through an app?

IPPB - Indian Post Payments Banks aap come up with the facility to open savings account using a mobile application known as IPPB. This application helps us to make third party payments, to open recurring deposit - RD, for contributing to PPF aur Sukanya samriddhi which is held in post office. Required things to open a digital saving account in IPPB application. The candidate must be a citizen of India minimum age of 18 years. The candidate must have an Aadhar card with the mobile number linked to it, and PAN card

How to download and create Indian Postal Payment Bank account?

  1. The candidate should download the mobile application of IPPB from the Play Store in the mobile, then the candidate can open account in the application.
  2. The applicant need to enter the mobile number,PAN Card details then an OTP will generated and sent to the applicant mobile number which is linked to the Aadhaar.
  3. After opening defended need to enter the personal information such as mother name,educational qualification, address,nominee details on their own then the candidates can access account using the application.
  4. The candidate needs to update his KYC verification is completed within 1 year of opening a digital savings account this process can be done at the nearest post office branch keep their account active and to convert into a regular savings account.
  5. Need to maintain minimum balance to keep account active
  6. The maximum balance is of Rs. 1 lakh till the KYC process is done.