Know all about India Post Payment Bank (IPPB) | how to open it | Benefits of India Post Payment Bank (IPPB) | How will the mobile banking account be created
India Post's payment bank has started working from September 1. Prime Minister Narendra Modi launched it. It has emerged as a major entity in the banking sector of the country, which will make its payments available to the current payment bank like PettyM and Airtel.
New banking services will be made available to people on personal basis. At the same time, the payment bank app for online transactions is also available to help people. However, these applications are currently available only on the Android Play Store. To find this mobile app you need to be linked to the India Post payment bank. The IPPB mobile banking name has been introduced by 'India Post Payments Bank Limited'.
How to open account?
Once you install this app, you will see the login ID and User ID password option on the first page. If you do not have an account, then immediately click on Open Your Account Now. By doing this, you will go to the next page where you will be asked your mobile number, along with the name of the product that you want and your PAN details, when you fill it click on the condition.
On the next page you will be asked to enter your Aadhaar Number. After this you will be asked if you agree with the terms and conditions. After this you will be sent an OTP (One Time Password) via this app. It will be sent to your registered mobile number.
How will the mobile banking account be created?
If you complete the registration process through your User ID and password then you will be able to register yourself for Mobile Banking Service. To get the registration for mobile banking, you will have to provide a lot of details like new IPPB account number, customer ID, date of birth and registered number. Once started, this app will send you another OTP, which will be sent to your registered mobile number. After this you will have to generate your own MPIN only after this will the mobile banking registration process be completed.