How to open Current Account with India Post Payment Bank (IPPB)

By | August 31, 2018
(Last Updated On: September 1, 2018)

IPPB offers the facility of a Current Account to the small merchants/ kirana stores and individual businessmen. This account is a prerequisite for carrying out and expanding business. IPPB’s Current Account gets you started on the road to digital transactions for your business needs. Along with this, IPPB also offers a Merchant App for meeting business requirements. The current account can be opened at the Post Office Counters or at your doorstep through our Postman/GDS.

Key Account Features and Benefits

  • Banking at your convenience
  • Instant account opening
  • Nominal monthly average balance required to be maintained
  • The account can be opened with zero balance
  • Free quarterly account statement
  • Mini statement through SMS
  • Simplified banking services through QR card
  • Instant fund transfer through IMPS
  • Easy bill payments and recharges

What makes us Different

  • Self on-boarding to IPPB Merchant App
  • Assisted services through the GDS, as and when required
  • Availability of funds at your doorstep, based on your request
  • Bill payment facility at your doorstep
  • Simple and secure banking through the IPPB QR card
  • Multilingual customer support 
  • Nominal charge
  • Chequebook facility on request
  • Unlimited cash deposits and withdrawals
Click here to see the detailed Schedule of Charges.
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