India Post Payments Bank (IPPB) is an accessible and affordable bank for the common man as it benefits from the vast network of the Department of Posts.
If you want to open an account in India Post Payments Bank or IPPB, then you can also do this work online. Its process is very easy. Although this kind of facility is also available in many other banks, but here we are telling you the process of opening an online bank account of IPPB.
IPPB has been set up under the Department of Posts, Ministry of Communications with 100% equity of the Government of India. The special thing is that India Post Payments Bank is an accessible and affordable bank for the common man as it gets the benefit of the vast network of the Department of Posts.
Important things to open Digital Saving Account in IPPB
1. Your age should be at least 18 years.
2. The KYC process will have to be completed within one year. For this, you will have to submit your documents at the post office or check point.
3. After the completion of KYC process, your Digital Saving Account gets upgraded to Regular Saving Account.
Procedure to Open Online Bank Account in IPPB
1. Download IPPB Mobile Banking App (IPPB Mobile Banking APP) from Google Play Store or App Store
2. Then Click on Open Your Account Now
3. After that Enter Mobile Number
4. Now you will need the number of PAN number and Aadhaar number.
5. Enter all the information following the instructions.
Features of IPPB Mobile App
Account holders of India Post Payment Bank can easily complete various transactions through IPPB Mobile Banking App. Through this you can check your balance, transfer funds and do other financial transactions.
1. Account balance information
2. Request for bank statement
3. Request for check book
4. Request for stop payment of check
5. Fund transfer within bank network
6. Fund transfer to other bank account
7. Electricity, water and payment of utility bills
8. Mobile and DTH recharge
