If you are an India Post Payments Bank IPPB customer then you should know the how much cash you can able to withdraw from your IPPB account and how much Cash Deposit you can make along with IPPB Cash Withdrawal Charges and IPPB Cash Deposit Charges, let’s see below detailed information.
IPPB Cash Withdrawal Limit
Below are the Cash Withdrawal Limits per customer per day for IPPB Savings Bank Account and IPPB Current Account.
IPPB Withdrawal Limit for Savings Account
#1. In Head Post office maximum cash you can withdraw in a day is INR 20,000.
#2. In Sub Post office withdrawal limit is Rs 20,000
#3. In Branch Post Office withdrawal limit in a day is Rs 5,000
#4. In Gramin Dak Sevak or using Postman at Doorstep withdrawal limit per day is Rs 5,000
IPPB daily Withdrawal Limit for Current Accounts in any Post office branch is Rs 20,000 per day.
IPPB Cash Deposit Limit
Below Cash Deposit Limits applicable for IPPD Savings and Current accounts.
In Head Post office and Sub Post Office there is No Limit for Cash.
In Branch Post Office & Branch Post Office for Savings account Rs 5,000 in a day and for current account Rs 20,000 per day.
Above limits are applicable at Limits of cash deposit & cash withdrawal at access points & doorstep as well.
IPPB Cash Withdrawal Charges
For Basic Savings Account, 4 free Cash Withdrawal transactions per month beyond limit 0.50% of the value subject to minimum Rs. 25 per transaction is applicable.
For Basic Savings Account Cash Deposits are Free.
For Savings (other than Basic SA) & Current Accounts Cash Withdrawal Limit is free for upto Rs 25,000 and beyond limit, 0.50% of the value subject to minimum Rs.25 per transaction is applicable.
For Cash Deposits Free, up to Rs. 10,000 per month beyond that 0.50% of the value subject to minimum Rs. 25 per transaction.
Above prices are exclusive of GST/ CESS which will be levied at the applicable rates.
Note: Above charges of on IPPB Cash Deposit & Cash Withdrawal transactionswill be effective from 1st January 2022.