How to use India Post Payment Bank App
by Bank Ifsccode Search Bank IFSC CodeIndia Post Payment Bank (IPPB) is a
service of payment bank offered by the Department of Post under the Ministry of
Communication. The IPPB started the payment Bank when the Union Cabinet
approved an amount to the Payment Bank in order to set the bank up. IPPB is
different than another bank because it offers their customer with 155,015 post
offices as access points and 300,000 postal service workers to provide a house
to house banking services. Another key feature with IPPB Payment Bank is
it's the door to door Banking Service.
Contact
Details of IPPB Payment Bank
To Open a new account or know more
about our Product and Services:
Toll-free
number-155299
Email Id:-contact@ippbonline.in
How
to Transfer Funds from IPPB Bank App
You can transfer the Fund with all
the payment system like NEFT, RTGS, and IMPS. If you are not familiar with this
Payment System then, in short, these are the only payment system that is used
to transfer fund within India. All these fund transfer are different in terms
of amount and time like RTGS and IMPS transfers fund immediately whereas NEFT
fund transfer fund in time slots. Secondly, it comes to the amount of fund
transfer-for IMPS there is a maximum cap of 2 lakh and for RTGS and NEFT there
is no Maximum cap but RTGS has a minimum Cap of Rs.2 lakhs. Based on this data
you can follow the fund transfer steps-
Set
Up and account
- Download the IPPB app from play
store or from App store.
- Click on the link “Open an
Account Now”
- Fill details like phone number,
PAN Card number and proceed forward
- After that, you need to fill
the Aadhar Card Number
- An OTP will be sent to your
phone number fill in the required field and proceed
- Go to the login page and enter
your details. Now you have to register your account for mobile banking.
- To do that Fill in your IPPB
Account Number, Customer ID and Date of Birth and the registered mobile
number
- An OTP will be sent after
filling the OTP you can set MPIN after that you can use your Payment Bank
account to transfer fund.
Transfer
Fund
Step-1 Open the app and login in using the
password.
Step-2 Click on the send Money followed by
Fund transfer
Step-3 Since you are using this for the
first time then you have to set the Beneficiary of the account.
Step-4 You have three options to choose
- Account Number +IFSC Code
- Mobile Number +MMID
- IPPB Account Number
Choose any of these and fill the
required details of the beneficiary in the fields. This process may take 30
minutes to 16 hours.
Step-5 After following this you can easily
transfer fund with these options.
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Created on Dec 19th 2018 11:58. Viewed 410 times.