IPPB Revises Doorstep Banking Service Charges: Details inside

India Post Payments Bank (IPPB) provides Doorstep Banking(DSB) services to its customers across the country which they can avail of without stepping out from their comfort zone. With the Doorstep Banking Services service of IPPB, you can establish a bank account, make fund transfers, make deposits and withdraw cash, recharge or pay bills, purchase life insurance and general insurance, and more with minimal charges. India Post Payments Bank has amended its Doorstep banking charges, which will be effective from August 1, 2021.

IPPB Doorstep Banking Service Charges Applicable from 1st August 2021

According to the official website of India Post Payments Bank (IPPB) here are the revised doorstep banking service (DSP) charges which will go into effect from August 1, 2021:

• Flat INR 20/- plus GST per doorstep visit per customer serviced beyond 1Km from the Post Office."
• No limit on number of transactions during a DSB visit for one customer (CIF). If in the same visit another customer is served, this will be considered as separate DSB delivery and will be chargeable.
• Charges applicable on individual product or service availed during DSB visit will be as per "Schedule of charges" and will be in addition to the DSB charges.

Product wise DSB charges for IPPB customers

Product/Service	Description		DSB Charges Applicable	Amount of DSB Charges to be levied (Rs)
Account Services	Open New Account		No	NA
Send Money	Fund transfer	Within IPPB Accounts	Yes	20 + GST
		Other Bank Accounts	Yes	20 + GST
	Standing Instructions		Yes	20 + GST
	POSB Sweep In		Yes	20 + GST
	POSB Sweep Out		Yes	20 + GST
	Manage Beneficiary		No	NA
DOP Products	SSA		Yes	20 + GST
	PPF		Yes	20 + GST
	RD		Yes	20 + GST
	LARD		Yes	20 + GST
Bill Payments	Mobile Prepaid		No	NA
	Mobile Postpaid		Yes	20 + GST
	Bill Payments		Yes	20 + GST
Balance Enquiry	Passbook		No	NA
	View balance		No	NA
	Last 10 transactions		No	NA
Service Requests	Account Services	Update Nominee	No	NA
		Update PAN	No	NA
		Aadhaar Seeding	No	NA
		Update mobile number/email id	No	NA
		Manage POSB account	No	NA
		Reissue QR code	Yes	20 + GST
		Update Statement Options	No	NA
	Requests & Complaints		No	NA
	Uploads		No	NA
	Account Upgradation		No	NA
	Virtual debit Cards	Permanent block	No	NA
		View card history	No	NA
	Feedback & Suggestions		No	NA
Assisted UPI	Assisted UPI		Yes	20 + GST
Insurance	Life Insurance	BALIC	No	NA
Cash Transactions	Cash Withdrawal		Yes	20 + GST
	Cash Deposit		Yes	20 + GST
KYC	Re-ekyc		No	NA
AEPS	ippb customer		No	NA
DMT	Send Money		No	NA
CELC	Aadhaar Enrolment		No	NA
DLC	Jeevan Pramaan Certificate		No	NA
PMJJBY	PMJJBY		No	NA
Source: https://www.ippbonline.com/

Product wise DSB charges for Non-IPPB customers

Product/Service	Description	DSB Charges Applicable	Amount of DSB Charges to be levied (Rs)
AEPS	Non IPPB customer	NO	NA
DMT	Send Money	NO	NA
CELC	Aadhaar Enrolment	NO	NA
DLC	Jeevan Pramaan Certificate	NO	NA
Source: https://www.ippbonline.com/