The Indian Post Payment Bank (IPPB) has been launched on 1st September 2018. The Prime Minister Mr. Narendra Modi has launched the Indian Post Payment Bank (IPPB). In this article, you can check the complete details on Indian Post Payment Bank/ IPPB Current Account i.e. How to Open IPPB Current Account, IPPB Current Account Service Charges, IPPB Current Account Online Complaint, and much more.
IPPB Current Account
The Indian Post Payment Bank Current Account is for carrying out and expanding the business. You can open a Zero Balance Current Account at Indian Post Payment Bank (IPPB) at the Post Office Counters or at your doorstep through our Postman/GDS. The IPPB provide the current account facility to the individual businessman, kirana stores, and small merchants. For more details on IPPB Current Account, you should scroll below the article.
- Click Here for IPPB Mobile Banking App
- Click Here for IPPB Merchant Mobile App
- For IPPB Regular Saving Account Click Here
- For IPPB Digital Saving Account Click Here
- Click Here for IPPB Basic Saving Account
- Click Here for IPPB Current Account
- For Indian Post Payment Bank/ IPPB Online Complaint Click Here
IPPB Current Account Service Charges
Here we are providing you the IPPB (Indian Post Payment Bank) Current Account Service Charges. The annual rate interest for the Indian Post Payment Bank (IPPB) is 0.00% percent and the monthly average balance is INR 1000/-. The maximum end of the day balance is INR 1,00,000 for IPPB Current Account. The Indian Post Payment Bank also provide nomination facility for the IPPB Current Account.
|Initial Minimum Deposit||NIL|
|Minimum Account Balance||NIL|
|Maximum End of Day Balance||INR 1,00,000|
|Linkage of POSA Account*||NO|
|Monthly Average Balance (MAB)||INR 1,000|
|Non-maintenance charges on MAB**||INR 100|
|Annual Interest Rate||0.00%|
|Account Statement||Quarterly Statement Free (e-statement/ Physical statement***)
Additional Physical Statement @ INR 50
|QR Card Reissuance||INR 25|
|The setting of Standing Instruction Charges||Free|
|Account Closure Charges||Within 14 days of Account Opening- NIL, From the 15th day of Account Opening till 6 months-INR 250, Post 6 months of Account Opening-NIL|
|Balance certificate per Instance||INR 50|
|Card/ KIT returned due to wrong address||INR 50|
|Cheque Book on request||First 50 Cheque leaves free; subsequently INR 2 per leaf|
|Cheque Bounce/ Return Charges (Inward)||INR 200|
|Cheque Bounce/ Return Charges (Outward)||INR 50|
|Bill Payments/ Re-charge||Free|
|Cash deposit charges||Free up to INR 15,000/ day****|
|Cash withdrawal charges||Free|
|Check Stop Payment per Instrument||INR 25|
|Cheque Stop Payments per Series*****||INR 100|
|ECS Return Charges (Financial Reason)||INR 25|
|Cheque Collection (Local Clearing)||Free|
|Outstation Cheque Collection up to and including INR 5,000 per instrument||INR 25|
|Outstation Cheque Collection above INR 5,000 & up to INR 10,000 per instrument||INR 50|
|Outstation Cheque Collection above INR 10,000 & up to INR 1,00,000 per instrument||INR 100|
|Outstation Cheque Collection above INR 1,00,000 per instrument||INR 200|
IPPB Current Account Features & Benefits
The list of some of the features & benefits of India Post Payments Bank/ IPPB Current Account is given below. The India Post Payments Bank (IPPB) also offers merchant app for business requirement & business meeting. To know more about the IPPB Current Account Features & Benefits you should stay connected to us and we will provide you all the latest updates & details.
- The account can be opened with zero balance.
- Mini statement through SMS.
- Instant account opening.
- Banking at your convenience.
- Easy bill payments and recharges.
- Free quarterly account statement.
- Instant fund transfer through IMPS
IPPB Current Account Online Complaint
Here we are providing you the IPPB Current Account Toll-free Number/ Helpline Number/ Email id/ Address and other contact details. In case of any query regarding the IPPB Current Account, you should contact at the given helpline number or you can register your online complaint.
Address: India Post Payments Bank Ltd.,
Corporate Office, 2nd Floor, Speed Post Centre,
Bhai Veer Singh Marg, Market Road, New Delhi-110001.
Call: 1800-180-5299 (Existing Ranchi & Raipur Customers)
Call: 155299 or 1800-180-7980 (For Rest of India Customers)
For more details on IPPB Current Account Click Here