Post office saving schemes are the most popular saving schemes for small saving people in India. These post office savings schemes have become so popular due to high returns and sovereign guarantee. To invest in these schemes, you have to go to your nearest post office branch, but after the launch of India Post Payment Bank (IPPB), now you can also do this work online. Through IPPB, customers can invest online in small saving schemes like Post Office Recurring Deposit, Savings Account, Sukanya Samriddhi Yojana (SSY) and Public Provident Fund (PPF).
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The IPPB Savings Account offers a single-window for all post office investments and allows subscribers to manage their investments. IPPB savings account holders will be able to easily deposit money online in their RD, SSY or PPF accounts through the IPPB mobile app. Know how to open IPPB account online - If you want to access your post office saving schemes online, then you have to download the IPPB mobile app available on both Android or iPhone. After downloading the app, you will have to open a digital saving account with IPPB by entering your mobile number, pen, and Aadhaar.
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Now after registration, you will have to create a four-digit MPIN. In this way you have to invest online - in this way after opening an IPPB digital account, you can transfer funds using your bank account number and IFSCode. Apart from this, consumers can also invest in PPF, SSY and RD accounts online. For this, you have to go to the Department of Post (DoP) Products tab and enter the relevant account number with the customer ID. Here, let us tell you that you will need to have an active account with DoP to avail of this facility. Now you have to enter the amount of investment. When your contribution is successful, you will also get a confirmation notification.
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