Banking

How to open postal bank account

To open a Post Office Savings Account (POSA) or an India Post Payments Bank (IPPB) account, you can follow these methods:
  • Offline: Visit your nearest post office with a completed application form, passport-sized photographs, and KYC documents like your Aadhaar card and PAN card. A minimum initial deposit of ₹500 is typically required for a savings account.
  • Online: Download the IPPB Mobile Banking app to open a digital savings account instantly using your Aadhaar and PAN details.
  • Doorstep Banking: Dial 155299 to schedule an appointment for a bank representative to visit your home and assist with account opening.

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