India Post Payments Bank

The alliance with LIC Housing Finance is part of IPPB's strategy to expand its range of products and services.

In the futurist law now named after him, the late Stanford University computer scientist Roy Amara once declared, "We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run." India's public digital infrastructure - in many ways, an immense online bureaucracy - is an outlier to this principle.

Days after an 80-year-old bedridden woman of Odishas backward Nuapada district was dragged on a cot to a bank by her elderly daughter to withdraw money from her Jan Dhan account, India Post Payments bank has come to her aid.

SBI Q4 results: The country's largest lender reported a four-fold jump in net profit for the quarter ended March 31 during market hours on Friday.

Crisis-hit private sector lender Yes Bank said on Tuesday that customers can now make certain payments through its instant money transfer services National Electronic Funds Transfer (NEFT) and Immediate Payment Service (IMPS). In a post on Twitter in morning, Yes Bank said its customer can pay "their credit card dues" and "loans from other bank acc...

With AePS services, a person with a bank account linked to Aadhaar can perform banking services irrespective of the bank they hold their account with.

India Post Payments Bank offers a range of services such as money transfer, direct benefit transfers, bill and utility payments, and enterprise and merchant payments.

IPPB savings account: Interest rates on these savings accounts are fixed at 4 per cent per annum, which is paid quarterly

Post office scheme: India Posts, which operates a network of more than 1.5 lakh post offices across the country, provides interest rates to the tune of 4-8.7 per cent on small savings schemes. Designated post offices provide a range of deposit/investment options in the form of small savings schemes, among other financial products. Meanwhile, India...

Post office bank account: India Post provides a range of services such as mail delivery, deposits under government-run small savings schemes and bill collection. India Post Payments Bank (IPPB) offers savings and current accounts, money transfer and direct benefit transfer services as well as bill/utility payments.

India Post Payments Bank (IPPB), a state-owned payments bank, also offers three types of zero balance savings accounts.

Regular and basic savings accounts can be opened by either visiting an access point of the payments bank or by applying for the doorstep service.

From state-run State Bank of India (SBI) to India Post Payments Bank (IPPB) - both offer the option of opening a zero balance savings account.

Zero balance savings account: A zero balance savings account doesn't require customers to maintain any particular minimum average balance.

For NEFT transfers initiated from access points, India Post Payments Bank charges a fee of Rs 2.5-25 per transaction from its customers, according to its website - ippbonline.com. NEFT, RTGS and IMPS are payments platforms that enable instant money transfer - also known as wire transfer - from one bank account to another through computer systems.

The alliance with LIC Housing Finance is part of IPPB's strategy to expand its range of products and services.

In the futurist law now named after him, the late Stanford University computer scientist Roy Amara once declared, "We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run." India's public digital infrastructure - in many ways, an immense online bureaucracy - is an outlier to this principle.

Days after an 80-year-old bedridden woman of Odishas backward Nuapada district was dragged on a cot to a bank by her elderly daughter to withdraw money from her Jan Dhan account, India Post Payments bank has come to her aid.

SBI Q4 results: The country's largest lender reported a four-fold jump in net profit for the quarter ended March 31 during market hours on Friday.

Crisis-hit private sector lender Yes Bank said on Tuesday that customers can now make certain payments through its instant money transfer services National Electronic Funds Transfer (NEFT) and Immediate Payment Service (IMPS). In a post on Twitter in morning, Yes Bank said its customer can pay "their credit card dues" and "loans from other bank acc...

With AePS services, a person with a bank account linked to Aadhaar can perform banking services irrespective of the bank they hold their account with.

India Post Payments Bank offers a range of services such as money transfer, direct benefit transfers, bill and utility payments, and enterprise and merchant payments.

IPPB savings account: Interest rates on these savings accounts are fixed at 4 per cent per annum, which is paid quarterly

Post office scheme: India Posts, which operates a network of more than 1.5 lakh post offices across the country, provides interest rates to the tune of 4-8.7 per cent on small savings schemes. Designated post offices provide a range of deposit/investment options in the form of small savings schemes, among other financial products. Meanwhile, India...

Post office bank account: India Post provides a range of services such as mail delivery, deposits under government-run small savings schemes and bill collection. India Post Payments Bank (IPPB) offers savings and current accounts, money transfer and direct benefit transfer services as well as bill/utility payments.

India Post Payments Bank (IPPB), a state-owned payments bank, also offers three types of zero balance savings accounts.

Regular and basic savings accounts can be opened by either visiting an access point of the payments bank or by applying for the doorstep service.

From state-run State Bank of India (SBI) to India Post Payments Bank (IPPB) - both offer the option of opening a zero balance savings account.

Zero balance savings account: A zero balance savings account doesn't require customers to maintain any particular minimum average balance.

For NEFT transfers initiated from access points, India Post Payments Bank charges a fee of Rs 2.5-25 per transaction from its customers, according to its website - ippbonline.com. NEFT, RTGS and IMPS are payments platforms that enable instant money transfer - also known as wire transfer - from one bank account to another through computer systems.