Prime Minister Narendra Modi launched India Post Payments Bank on September 1, 2018. IPPB will take banking to doorstep of every Indian citizen. IPPB will focus on providing banking and financial services in the rural part of the country. This post provides detailed information on IPPB Doorstep Banking by India Post payments Bank (IPPB).
Table of Contents
IPPB Doorstep Banking by India Post Payments Bank
India Post Payments Bank gives you the opportunity to enjoy banking facilities at your home. No need to leave the comfort of your home for your routine banking transactions. IPPB will make banking accessible to the remotest corners of the country.
With IPPB Doorstep Banking service, you can open a bank account, deposit and withdraw cash. You can also transfer the funds. You can also recharge or pay bills. And also accomplish much more at nominal charges. Note that there is no charge for new account opening at your doorstep.
Now you can focus on your daily work while your banking needs are handled safely by IPPB’s postmen/GDS. It will help you to save time, effort and cost of traveling to the bank.
Benefits of IPPB Doorstep Banking
Following are the benefits of this banking facility
1. You can do banking from the comfort of your home.
2. It is easy and convenient banking, no queuing at the branch.
3. Instant account opening.
4. Simple, secure and hassle-free banking.
Services Offered by IPPB’s Doorstep Banking
Doorstep Banking – India Post Payments Bank offers the following services.
1. Account Opening
You can experience seamless, digital and paperless account opening at your doorstep.
2. Cash Deposits/Withdrawals
You can enjoy safe and secure cash deposits and withdrawals.
3. Money Transfers
Experience hassle-free and 24×7 fund transfers anywhere.
4. Recharge and Bill Payments
Recharge your mobile and DTH and pay your water and electricity bills instantly.
5. Additional Services
You can also avail a host of account-related services. The services includes like updating PAN/nomination, requesting statement, QR card issuance and so on.
6. Third-party Services
IPPB also offers third-party services. Services such as loans, insurance, investments and PO savings schemes.
How to use IPPB Doorstep Banking Services
Follow the following simple steps to utilize India Post Payments Bank’s Doorstep Services.
1. Call IPPB’s contact centre @ 155299 and book your appointment as per your need.
2. You will get confirmation via SMS.
3. You need to confirm visit details with IPPB’s representative.
4. Provide your account number/ mobile number, or show your QR card to IPPB’s representative.
IPPB Doorstep Banking Charges
The applicable service charges doorstep banking post office are given below in the table
Note: The IPPB has waived off the service charges for doorstep banking for all transactions / services provided by IPPB on the doorstep of the customers till further notice.
Notable Points
1. IPPB Doorstep banking will be charged for every successful request delivery.
2. You can also avail doorstep services on Ad hoc basis. Doorstep charges will be applicable.
3. You can do non cash as well as cash transaction at doorstep.
4. Money transfer charges will be extra and will be levied as per the rate card.
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Final Thoughts
India Post Payments Bank (IPPB) is a new payments bank. It aims to take banking to the doorstep of every citizen with digital aids.
IPPB Doorstep banking facility is a wonderful initiative. It will definitely increase the reach of banking services across the country.
Note: This post was originally published on September 09, 2018 and has been completely updated for accuracy and comprehensiveness.
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