What is the Full Form of IPPB?
IPPB Full Form: India Post Payment Bank
The full form of IPPB is the India Post Payment Bank. It is a government-operated bank that provides banking and financial services to customers across India. The bank is headquartered in New Delhi and has a nationwide network of branches and ATMs. IPPB offers a wide range of products and services such as savings and current accounts, deposits, loans, debit and credit cards, money transfers, bill payments, etc.
IPPB is committed to providing a world-class banking experience to its customers and is constantly innovating to bring new and better products and services. So if you’re looking for a bank that offers convenient, safe, and affordable banking services, then IPPB is the right choice.
History of IPPB
The Indian Post Payment Bank (IPPB) was established in 2015 as a public sector bank under the Reserve Bank of India.
IPPB started operations in 2017 with two branches in Ranchi and Raipur and has since expanded its reach to include more than 1,600 branches across the country.
IPPB provides a range of banking services such as deposits, withdrawals, loans, and money transfers. IPPB also offers digital payment services such as Bharat Bill Payment System (BBPS) and National Electronic Toll Collection (NETC).
In 2019, IPPB launched the “Doorstep Banking” service, which allows customers to avail of banking services without visiting a branch. Customers can avail of this service by calling the IPPB toll-free number or visiting the IPPB website.
IPPB has also introduced the “DigiBox” service, allowing customers to securely open a digital locker to store their important documents. Customers can access their DigiBox using their IPPB account login credentials.
Services available at IPPB
India Post Payment Bank (IPPB) provides almost all modern banking facilities at its branches. The latest banking technology, such as mobile banking and net banking, is being made available to ordinary people. IPPB is also trying to provide doorstep banking services. The following services are available at IPPB:
1. Savings Accounts: You can open a savings account with IPPB and enjoy features like interest on your deposits, ATM/debit card facility, etc.
2. Current Accounts: You can open a current account with IPPB and enjoy features like higher interest rates, overdraft facility, etc.
3. Term Deposits: You can open a term deposit with IPPB for a fixed tenure and earn higher interest on your deposited amount.
4. Loans: You can avail of loans from IPPB for various purposes such as business, personal, housing, etc., at competitive interest rates.
IPPB contact details-
customer care details-
155299 OR 1800-180-7980
How do I open an account with IPPB?
You can open an account with IPPB by visiting your nearest post office. You will need to bring your KYC documents, such as your Aadhar card, PAN card, and Voter ID. You can choose to open a savings or current account according to your needs. The application form is available on the official website of IPPB. Alternatively, if your Aadhaar is linked to your mobile number, you can open an instant account with IPPB from your mobile phone immediately.
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