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News
India Post Payments Bank
India Post Payments Bank News
bank
01 Sep 2024
India Post Payments Bank Disbursed Over Rs 45,000 Cr In DBT In Last 7 Years
In the last seven years, the India Post Payments Bank (IPPB) enabled paperless, cashless and presence-less banking while acquiring over 9.88 crore customer accounts.
India Post Payments Bank
27 Sep 2022
Post Office Insurance Scheme: Get Rs 10 lakh cover for just Rs 399
India Post Payments Bank has come out with two cheaper accidental insurance Both Rs 399 and Rs 299 plans offer Rs 10 lakh coverage in case of accident The policy can be purchased for one year and needs to be renewed
India Post Payments Bank
28 Apr 2022
India Post Payments Bank gets additional financial support of Rs 820 crore
The Cabinet has approved the revision of project outlay for setting up of India Post Payments Bank (IPPB) from Rs.1435 crore to Rs.2255 crore as equity infusion to meet regulatory requirement.
ATM
28 Dec 2021
ATM transaction to bank withdrawal charge: Major rules changing from January 1
New rules from January 2022. These rules impact the common man directly. Check 5 new rules.
India Post Payments Bank
20 Dec 2021
THIS Bank will charge for depositing, withdrawing more than Rs 10K from Jan 1
IPPB charges. New charge for depositing, withdrawing more than Rs 10,000. New charges from January 1.
IPPB
03 Dec 2021
India Post Payments Bank revises cash withdrawal, deposit charges
The new charges will be applicable from January 1, 2022. IBBP said that the above-mentioned charges are exclusive of goods and service tax (GST) or applicable CESS. ICICI Bank also announced that it is going to revise the Service charge on the ICICI Bank Savings Accounts.
India Post Payments Bank
12 Nov 2021
Post Office to sell 2 insurance schemes in partnership with Bajaj Allianz
The three companies in the partnership are aiming to bridge the financial ga by offering insurance products to the unbanked. Bajaj Allianz Life Insurance will sell Bajaj Allianz Life Smart Protect Goal and Bajaj Allianz Life Guaranteed Pension Goal. The former is a term insurance product while the latter is an annuity plan.
IPPB
14 Jul 2021
IPPB to revise banking fees for select services from August 1
IPPB was providing doorstep delivery service to its customers for free of cost till now. Customers will have to pay Rs 20 plus GST charge from August 1 to use doorstep banking services. Customers will have to pay 20 plus GST for remittances, DoP products, and mobile payments (excluding prepaid), among other services.
DakPay
15 Dec 2020
India Post Payments Bank launches digital payments’ services DakPay
DakPay is a suite of digital banking services. It allows sending money to the loved ones. This is India Post's efforts during fight against Covid-19.
India Post Payments Bank
09 Sep 2019
India Post Payments Bank rolls out Aadhaar enabled payment services
With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
Narendra Modi
02 Sep 2018
Didn't have a bank account before becoming MLA, recalls PM Modi
Modi launched the payments bank of Indian postal department that will take banking to doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and 'Grameen Dak Sewaks'.
India Post Payments Bank
01 Sep 2018
PM Modi launches India Post Payments Bank, hails postmen for connecting India
IPPB will leverage the vast network of the Department of Posts to help augment the reach of banking sector in the country.
India Post Payments Bank
22 Aug 2018
India Post Payments Bank launching on September 1: Five things to know
IPPB will have at least one branch in every district and focus on financial services in rural areas.
Narendra Modi
01 Aug 2018
PM Modi to inaugurate 650 branches of Post bank soon
The India Post Payments Bank (IPPB) will have 1.55 lakh access points.
India Post Payments Bank
23 Oct 2017
India Post Payments Bank hires ex-Vodafone top exec as MD, CEO
The IPPB had targeted to set-up 650 branches across country by September this year but it now aims to complete the roll out of these branches by early next year.
India Post Payments Bank
14 Sep 2017
All 1.55 lakh post offices to offer payments bank service
Payments banks can accept deposits of up to Rs 1 lakh per account from individuals and small businesses.
India Post Payments Bank
23 Apr 2017
Post Bank to start selling MF, insurance products by March 2018
India Post Payments Bank (IPPB) will start selling mutual funds and insurance products of other companies by early 2018 and is open only to "non- exclusive" tie-ups, its Chief Executive A P Singh has said.
India Post
13 Feb 2017
Govt allocates Rs 500 cr to India Post Payments Bank
Government has allocated Rs 500 crore to India Post Payments Bank for financial year 2017-18 as it gears up to set up 650 branches across country by September 2017.
India Post
10 Feb 2017
This is how India Post Payments Banks will bring banking to your door step
India Post Payments Bank (IPPB) kicked off its operations by rolling out pilot services in Raipur and Ranchi on February 1.
India Post
30 Jan 2017
India Post Payments Bank starts pilot services
India Post Payments Bank (IPPB) on Monday kicked off its operations by rolling out pilot services in Raipur and Ranchi.
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