Skip to content
The DonkeyThe Donkey
  • Home
  • Account Payable
  • Account Number
  • Account Recovery
  • Account Riot
  • -
  • -
Account Number

New fees for depositing and withdrawing cash at India Post Payments bank will apply from January 1, 2022

Posted on December 21, 2021December 21, 2021 by Amy A. Stuart
21
Dec


breadcrumbs

Planning

oi-Roshni Agarwal

|

Posted: Tuesday December 21st, 2021 9:43 AM [IST]

From the new year, customers of India Post Payments Bank (IPPB) account holders will be charged more for depositing cash as well as for cash withdrawals beyond the set limit. According to the bank’s website, it offers 3 savings accounts namely – regular A / c savings, digital A / c savings and basic A / c savings in addition to checking account.

IPPB Savings Type of air conditioning and air conditioning current Cash deposit fee Cash withdrawal
Basic S / BA / c Free up to any amount Free up to 4 transactions per month and post a fee will apply at 0.5% of the value, with a minimum charge of Rs. 25 / withdrawal transaction
Regular S / BA / c and Current A / c Free up to Rs. 10,000 / month and after that cash deposit will incur a fee equal to 0.5% of the value, subject to Rs. 25 / transaction Free up to Rs. 25,000 per month and display 0.5% of withdrawal value, subject to minimum charge of Rs. 25 / transaction will apply

“This is to inform all those concerned that the fees for depositing and withdrawing cash mentioned will come into effect on January 1, 2022. These prices do not include GST / CESS which will be levied at the applicable rates”, indicated IPPB on its website. .
The bank had notably revised its home banking fees which, as of August 1, 2021, amounted to Rs. 20 per request per customer.

One of the features of this type of IPPB savings accounts is its “Banking with QR card” function whereby a customer without remembering their bank account number or any other identifier can simply engage in activities. banking because the authentication process is completed via the biometrics client.

Note: According to RBI rules, customers cannot maintain an amount greater than Rs. 1 lakh in all payment banks, but they can open an account with the post office and any amount over the prescribed limit will be transferred to it. this.

BonRetours.in

For investing articles, business news, and mutual fund advice

Allow notifications

Already subscribed

Article first published: Tuesday, December 21, 2021, 9:43 a.m. [IST]

Related posts:

  1. Jail for man who called the number on the bathroom door to get money and got involved in a S $ 1.9 million loan scam
  2. Some guy had my bank account and my driver’s license number. Would he have my money?
  3. Could this happen to you? Thieves target Joliet Man’s cryptocurrency savings through SIM swap – NBC Chicago
  4. Veterans Day registration reception centers open – MEMA
This entry was posted in Account Number and tagged account number.
Amy A. Stuart

NSW COVID Cases Rise, Victoria COVID Cases Rise, NT Border Reopens, Omicron COVID Variant Hospitalizations Rise in UK and US, Dominic Perrottet Unveils NSW Cabinet Reshuffle
LIVE MARKETS Asking the Fed
Categories
  • Account Number
  • Account Payable
  • Account Recovery
  • Account Riot
  • Uncategorized

account number accounts payable bank accounts capitol hill donald trump email address income tax joe biden law enforcement phone number president donald social security states capitol united states washington dc

Recent Posts
  • Local Man Identified By Bumble Match Sentenced For Role In Capitol Riot

  • All-inclusive travel is rebranding itself as premium: what you need to know

  • Gershman Investment Corp. announces data breach | Console and Associates, PC

  • Half of American companies’ invoices are overdue

  • FBI: Scammers are trying to swap your phone’s SIM card and steal your money

Archives
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • Privacy Policy
  • Terms and Conditions
  • Home
  • Account Payable
  • Account Number
  • Account Recovery
  • Account Riot
  • WooCommerce not Found
  • Newsletter