Is IPPB virtual debit card free?

Is there any issuance charge or any annual fee for using Virtual Card? A. Yes, one-time issuance charge is Rs. 25 (inclusive of GST).

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 many IPPB transactions are free?

According to a notice by IPPB issued on November 3, 2021, for a basic savings account, cash withdrawals, which are free up to 4 transactions per month, will be charged at 0.50% of the value subject to minimum Rs 25 per transaction, after the free limit is crossed.01-Jan-2022

Is debit card available in IPPB?

IPPB RuPay Virtual Debit Card is a digital debit card which can be generated by the customers on their mobile banking App. It allows IPPB customers to do digital transactions on ecommerce/ online websites for purchasing of goods/ services/ paying bills etc. on RuPay enabled portals/ payment gateways.

How do I get my IPPB QR card?

You will receive your QR card as soon as you open an account at IPPB.

How do I activate my IPPB QR card?

IPPB QR is easy to use.Follow these 3 simple steps:

Scan the code.
Authenticate through OTP verification & OVD validation.
Complete the transaction.

What is SMS charges in IPPB?

The Bank has decided to levy SMS charges of INR 5 + GST per quarter to all customers effective from quarter ending June 2020.

What is the minimum balance in IPPB?

NIL

Is IPPB zero balance account?

A digital savings account in IPPB account can be opened with zero balance. India Post Payments Bank (IPPB), a state-owned payments bank, offers three types of zero balance savings accounts - regular savings account, digital savings account, and basic savings bank deposit account.09-Feb-2019

Can I transfer more than 1 lakh to IPPB?

IPPB also offers RTGS facility for high-value transactions; above Rs. 2 lakhs. Customers can transfer and receive money via RTGS, using their account number and IFSC code. RTGS services can be availed using IPPB's Mobile banking app.

What is the benefit of IPPB?

You can avail yourself of services such as easy bill payments, Doorstep Banking services, instant money transfer through IMPS and other remittance services. In addition, you will get the benefit of Virtual Debit card, QR card, phone banking, SMS banking, free quarterly email statements and SMS alerts.

Can I transfer money from SBI to IPPB?

It is necessary to open IPPB account If you want to transfer money from SBI or any other bank to the post office, then the customer has to open an IPPB IPPB account in the post office. This account is mobile based. It can be run with the help of app. One can easily do banking transactions through IPPB.20-Jul-2021

How do I activate my IPPB debit card?

The latest version of this application is available at Google Play Store.

Just open IPPB Mobile Application.
Click on Cards. Below screen will appear.
Click on Virtual Debit Card.
Accept terms and conditions and click on the continue option to request for IPPB Virtual Debit Card.
It will be activated after ten days.

Which ATM can I use my Post Office card?

1.1 You can withdraw your money from your account at most Post Office branches and at any cash machine which is part of the Post Office branded ATM network by using your card and entering your PIN into the PIN keypad. 1.2 Some Post Office branches may be unable to accept your card to withdraw money from your account.

How do I order an IPPB ATM Card?

Step 1: Download the IPPB mobile application. Step 2: First and foremost, one must select the RuPay Debit Card. Step 3: After that, click on the 'Virtual Debit Card' option. Step 4: Then you have to choose 'Request Virtual Debit Card'.11-Nov-2021

How do I withdraw money from my QR card?

Step 1: Visit any ATM machine and select the Withdraw cash option. Step 2: Select the UPI option on the ATM machine screen. Step 3: Then, a QR code will be displayed on the ATM screen. Step 4: Now, choose any UPI-based payment app on your device and switch to the QR code scanner.19-May-2022

How does QR card work?

A QR code works similarly to barcodes at the supermarket. Each QR code consists black squares and dots which represent different pieces of information. When scanned, the unique pattern on the barcode translates into human-readable data. This transaction happens in seconds.23-Dec-2021

Where can I use QR card?

What is the expiry date of IPPB card?

The Card is valid up to the last day of the month indicated on the Card. Upon occurrence of the Transaction, the Account linked with the Card shall be instantaneously debited by IPPB.

How do I get a post office ATM card?

Steps to apply for an ATM card on PO Savings Account standing at branch post office. i) To avail ATM card facility, the account holder shall fill SB-ATMI form (ATM Card/Internet/Mobile/SMS banking service request form) duly signed and submit SB-ATM-l form with passbook at concerned BO.15-Sept-2021

What is virtual debit card?

A Virtual Debit Card means an electronic or digital Debit Card. You can use your Virtual Debit Card 24x7 on your internet-enabled smartphone. You can shop on domestic e-commerce websites and make online payments with your Virtual Debit Card. Your Virtual Debit Card cannot be stolen or misplaced like a physical card.19-Nov-2021

Is IPPB virtual debit card free?