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THIS Bank will charge for depositing, withdrawing more than Rs 10,000 from January 1 --Check new rates here

THIS Bank will charge for depositing, withdrawing more than Rs 10,000 from January 1 --Check new rates here

Zee News
Monday, December 20, 2021 09:39:03 AM UTC

IPPB has informed all the concerned that charges of on Cash Deposit & Cash Withdrawal transactions as mentioned below will be effective from 01 January, 2022 at the below mentioned rates.  

New Delhi: Customers of India Post Payments Bank (IPPB) are in for some sad news starting next month. Account holders of this bank will have to pay a charge for withdrawing and depositing cash amounting to Rs 10,000. The new rule will come into effect from January 1.

There are three types of savings accounts for India Post Payments Bank customers: (a)Basic Savings Account, (b) Savings (other than Basic SA) & Current Accounts, and (c) Savings (other than Basic SA) & Current Accounts.

IPPB has informed all the concerned that charges of on Cash Deposit & Cash Withdrawal transactions as mentioned below will be effective from 01 January, 2022 at the below mentioned rates.  

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