Can I transfer my post office account to another post office?

Can I transfer my post office account to another post office?

For transfer of accounts- the depositor should apply in the prescribed form [SB10(b)] or manual application. The application can be given either in transferring office or transferee office.

How do I transfer my POSB account to another branch?

So to begin with transferring procedure you need to fill a transfer application form. The transfer form is named as SB 10(b) and is easily available at post office website or at post offices. Fill SB 10(b) form and submit it to the post office from which you want to transfer your account.

Can online transfer be done to post office account?

Post office savings account holders can start transferring money electronically now. According to a Department of Post circular issued on May 17, 2022, the NEFT facility has been made available for POSB customers from May 18, 2022 and RTGS facility will be available from May 31, 2022.19-May-2022

Can I make two post office savings accounts in two different post offices?

Under this section, 2 or 3 adults can open a post office account jointly. They can open any number of accounts; but in one post office, they can opt for only one account. There is no maximum limit for the deposit under this scheme.

How do I transfer my IPPB account to another branch?

You are first required to go to your branch personally where your existing account is. There you would give a request for account transfer. You are now required to submit a written application for transferring your Savings account to another branch.

What are the disadvantages of post office savings?

Post Office Savings Schemes are not digitized: Unlike other investment avenues like Mutual Funds, Equity, Gold etc it is not possible to operate your Post Office Savings Schemes account online i.e. you cannot track your account or invest online.

How do I transfer MIS from post office?

In the case of Post Office Savings Account, the account holder shall submit the SB-83 Form (Application for availing the facility of automatic transfer (Standing Instruction) for linking of MIS/SCSS/TD accounts to his PO Savings Account along with his MIS/SCSS/TD accounts passbook for such an endorsement, and his Post 12-Apr-2022

How do I link my IPPB to Posa online?

POSA account can be linked at the time of opening IPPB account or post opening of IPPB account through Doorstep service or at the IPPB Access Point. At the time of linking POSA account customer needs to produce his/her POSA passbook to GDS/Postman in case of Doorstep service or to counter staff at Access Point.

What is the limit of IPPB account?

Limits on Money Transfer - IPPB Mobile Banking App

Which bank IFSC code is IPOS0000001?

India Post Payment Bank Corporate Office

Can I transfer money from POSB to IPPB?

IPPB customers can use NEFT, RTGS and other money transfer services as available for any banking customers. Once POSB accounts are linked with IPPB, customers will be able to enjoy all money transfer service like other banks," the source said.08-Apr-2018

Is IPPB and post office same?

IPPB Savings Account Regular savings accounts at IPPB can be established with no initial deposit amount and no requirement for the customer to maintain a monthly average balance. This account can be connected to a POSA (Post Office Savings Account), which would sweep any day-end balances over Rs.01-Jun-2022

Which scheme is best in post office 2022?

Post Office Savings Account Interest Rate 2022

Can I have two CIF number in post office?

A CIF ID is a unique identifier assigned to a customer who has one or more accounts with the post office. Multiple accounts can be joined together using CIF ID. Every account, such as MIS, RD, and SB, has its own account number, which can all be linked to a single CIF ID, which is a nine-digit number.22-Jun-2021

What is the minimum balance in post office SB account?

The money deposited in a post office savings account can be withdrawn any time when the depositor needs. Only thing is a minimum balance of Rs. 50 should be maintained in case of a generic account and Rs. 500 in case of cheque facility.29-Jun-2022

How do I unlink POSB from IPPB?

Procedure to Link/ Delink POSB account with IPPB account

Is there any charges for IPPB account?

These charges are applicable irrespective of the type of Savings account. INR 10,000 - INR 1 Lakh INR 5 per transaction NA IMPS Upto 1 INR Lakh INR 5 per transaction INR 4 per transaction AEPS Upto INR 10,000 (max.

How do I check my post office savings account balance?

Once the customer mobile number is registered for SMS with your post office account, you can check the amount of your post office savings account by texting 'BAL' to 7738062873.

Which saving is best in post office?

National Savings Certificate (NSC) The NSC rate of interest is 6.8% per annum compounded half-yearly but payable at maturity. That means, your investment of Rs. 100,000 will yield you Rs. 1,38,949 after 5 years. There is no maximum limit on investment with a minimum amount of investment of Rs.1000.5 days ago

Which is the best account in post office?

Which saving scheme is better in post office?

Post Office Interest Rates 2022

Can I transfer my post office account to another post office?