Regular Savings Account

The Regular Savings Account can be opened at the bank’s access points and your doorstep. This account can be used to
keep funds secure, withdraw cash, deposit money and perform easy remittances, besides a host of other benefits. In
addition, interest can be earned on the money kept in this account and the cash withdrawals allowed in this account are
unlimited.

Key Account Features and Benefits:

Banking at your convenience
Instant and paperless account opening using Aadhaar as per the applicable rules
*Easy and convenient Non-eKYC account opening
Interest rate of 4% p.a. on EOD daily balances, paid quarterly
No monthly average balance required to be maintained
The account can be opened with zero balance
Free quarterly account statement
Mini statement through SMS
Simplified banking services through QR card (https://ippbonline.com/web/ippb/qr-card)
Instant fund transfer through IMPS
Easy bill payment and recharges
Can be linked to POSA (Post Office Savings Account)

What makes us different

Free account opening at your doorstep
Assisted services through the GDS, as and when required
Availability of funds at your doorstep, upon request
Bill payment facility at your doorstep
Simple and secure banking with QR card
Multilingual customer support
No commitment of minimum balance
Nominal charges
Day end balance above Rs. 1 lakh can be swept into linked POSA (Post Office Savings Account)
Access to our growing merchant network
Unlimited cash deposits and withdrawals

Rates

Interest Rates Frequency of payout

4.00% p.a Quarterly

Click here (https://ippbonline.com/web/ippb/regular-saving-accounts) to see the detailed schedule of charges.

Click here (https://ippbonline.com/web/ippb/remittances/fund-transfer) to see the detailed remittances/fund transfers

charges.
Call 155299 (toll-free number) to avail Doorstep banking services to open a Regular Savings Account with IPPB.

*Visit your nearest IPPB branch to open Non-eKYC account