BANKING AFFAIRS

Detailed explanation-1: -A. IPPB’s digital savings account is a paperless, fast, convenient and secure way to open an account on a digital platform. It gives you digital access to all banking facilities such as instant transfers and remittances right at your fingertips.

Detailed explanation-2: -This savings account has all the features and benefits offered by the Regular Savings Account (except that it allows only four cash withdrawals in a month). The aim of the basic savings account is to provide primary banking services at a very nominal charge.

Detailed explanation-3: -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.

Detailed explanation-4: -Premium Savings Account Premium Khata is a variant of IPPB Savings Bank Account which is offered to customers who are willing to subscribe to the Premium account services and avail our value added services.”

Detailed explanation-5: -All three types of IPPB savings accounts-regular, basic and digital-can be opened and operated with zero balance (nil balance), according to the IPPB website. That means the account holder is not forced to keep a particular sum in the account to ensure operability.