Post Office Savings Account connect with IPPB account: You have a savings bank account in the post office. You can connect this account with India Post Payment Bank (IPPB) investment account. By doing this you get many advantages. You can do this without any problem. As indicated by the data accessible on the official site of India Post Payment Bank, thusly, any account balance which is more than Rs 2 lakh is moved to the connected Post Office Savings Account (POSA).
Instructions to link account
To connect the India Post Payment Bank Savings Account, the client ought to have a functioning Post Office Savings Bank account. The Post Office Savings Bank record can be connected at the hour of opening of India Post Payment Bank Savings Account or from there on through doorstep administration or at IPPB passageway.
While connecting the Post Office Saving Bank Account, the client needs to introduce his/her Post Office Saving Bank Account passbook to GDS/Postman at the doorstep administration or to the counter staff at the passageway. After fruitful linkage of Post Office Savings Account, data is sent through SMS to the enrolled portable number of the client.
Know its advantages
The sum is naturally moved to the Post Office Savings Account when the constraint of 2 lakhs is crossed in India Post Payment Bank Savings Account. On the off chance that the equilibrium by the day’s end surpasses the cutoff as opposed to dismissing the exchange, then, at that point, The framework will move the additional sum to the post office savings account.
India Post Payment Bank can move the whole balance sum from the limit.t. India Post Payment Bank can transfer the entire balance amount from the savings account to the post office savings account in one go, as there is no maximum balance limit.
Clients can oversee assets through IPPB mobile banking application with swipe-in and swipe-out office. Account holder can withdraw and deposit cash through India Post Payment Bank Savings Account.
