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Q.

How to Deposit Money in IPPB Account?

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In India, a considerable portion of the population, especially the migratory community, lacks access to official banking channels due to a lack of identity or address evidence, among other issues. They encounter several difficulties trying to deposit or send money refunded to the relatives as a result of this. Even though there are numerous domestic money transfer (DMT) channels, including IMPS, UPI, NEFT, and RTGS, this is still taking place. So, if you are an IPPB customer, I will tell you exactly how to deposit money in IPPB account.

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How to deposit money in IPPB account online?

For IPPB customers, the IPPB already offers money transfer services like IMPS, aided UPI, NEFT, and RTGS, and compatible AePS for non-customers. Millions of unbanked migrants will be able to take care of their families' financial needs by sending money to their loved ones on a monthly basis or when there is a specific need thanks to the recently implemented Domestic Money Transfer to enable money transfers service to walk-in clients.

This product's design offers clients a seamless remittance experience supported by technology through Postman/GDS/Access Points Counters, while at the same time guaranteeing a simple and economical fund transfer facility for the migrant community. Over 1.36+ lakh Access Points (Post Offices) in India offer this cash-to-bank account remittance service.

How to deposit money in IPPB digital account?

  • Find the closest IPPB access point or agent to send money.

  • Registration of Remitters (one time, if not done)

  • Registration of Beneficiaries (one time, if not done)

  • Payment Transfer

  • Remitter Profile Upgrade, If Customer Wants/Needs Higher Limit Transfers

  • Refund process (in case of any declines)

Services available to customers at IPPB
  • DMT Registration with the opportunity to upgrade to Full KYC* (including cellphone number, Aadhaar number, and PAN) to receive larger limits.

  • Changes to mobile numbers for customers who have completed full KYC

  • Beneficiary - Registration, Enquiry & Deletion Fund transfer Transaction Inquiry Refund, in the event of Aborted Efforts

  • Upgrading the complainant's remitter profile *if the complainant wants or needs transfers with greater limits

I believe now you understand about how to deposit money in IPPB account.

Read More: How to Change Mobile Number in IPPB Account? What is Interest Rate in IPPB? How to Link POSA to IPPB?
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