IPPB accounts needs physical KYC done at the post office. No physical debit card is provided with this account, only virtual card. The account you are looking for is called POSA(post office savings account) which can be opened at post office only. They provide atm card. You can link ippb account and posa account after both are opened. But better open in HDFC/ICICI or SBI/BOB.
It's not worth it.
One of the worst account you can ever open.
Avoid it.
I think there are some charges for the virtual debit card as well and some maintenance charges per month
Account will be opened online..but by default it will be in debit freeze.. until you complete full kyc by visiting post office..
Not recommended..not worth it..
Tekk wrote:Correct,i opened last year but came to know abt this laterAccount will be opened online..but by default it will be in debit freeze.. until you complete full kyc by visiting post office..
Not recommended..not worth it..
romilq wrote:IPPB accounts needs physical KYC done at the post office. No physical debit card is provided with this account, only virtual card. The account you are looking for is called POSA(post office savings account) which can be opened at post office only. They provide atm card. You can link ippb account and posa account after both are opened. But better open in HDFC/ICICI or SBI/BOB.
Till now I thought IPPB and post savings account are same..are they different?
raj.azharuddin897 wrote:Till now I thought IPPB and post savings account are same..are they different?
Yes, both are different. Your area Postman can also do the Aadhaar Biometric verification and I did my KYC verification through this process. Just 2 minutes for KYC 
