How to Add/Change Nominee In IPPB Savings Account Online?

The India Post Payments Bank (IPPB) was established under the Department of Post, Ministry of Communication, with the government of India owning 100% of the equity. Through a network of 650 IPPB branches controlling offices that operate on a hub and spoke model, IPPB has extended its reach across India, covering post offices. You can now easily open a digital savings account with India Post Office and perform all necessary transactions. The Post Office Savings Account plays a crucial role in encouraging people to save. One of the most important characteristics of a POSA is that it can only be opened with cash and requires a minimum initial deposit of Rs. 500. It allows for simple account transfers between post offices with no lock-in or maturity requirements. The POSA gives an annual interest rate of 4%.

Along with English, the Indian Post app is available in Hindi, Bengali, Marathi, Telugu, Tamil, Urdu, Gujarati, Malayalam, Kannada, Oriya, Punjabi, and Assamese.

Customers should link their IPPB savings account to their POSA account. Any account balance over Rs. 1 lakh at the end of the day is transferred to the linked POSA account if the customer chooses this option.

How to Download the IIPB App and Register?

IPPB's mobile app also allows users to open a bank account. The IPPB mobile app is both free and easy to use. If you already have an account with India Post Payments Bank, you can sign up for the IPPB bank app. By linking your registered mobile number to your account, you can take advantage of this feature. Simply follow the steps outlined below:

Step 1: Download the IPPB app

Step 2:Select the language of your preference

Step 3: Click on the Login Now option

Step 4: Enter details like Account number, Customer Id, Date of birth, and registered mobile number. (You would have got your account number and customer ID on your mobile number during the online account opening process)

Step 4: Click on the "Register" tab.

OTP will be sent to your registered mobile number for authentication.

Step 5: Set up the MPIN

Step 6: Enter OTP

Step 7: Click on the "Submit"

How to Download the IIPB App and Register for new customers?

Step 1: Download IIPB app

Step 2:Select the language of your preference

Step 3: Click on the "Open Your Account Now" option

Step 4: Enter your mobile number and PAN number

Step 5: enter your Aadhaar number

Step 6: For authentication, an OTP will be sent to the given mobile number

Step 7: Enter OTP to complete the account opening process.

After completing the registration process, log in to the app using your MPIN. After logging in, you can use the Post Payment Bank App to change the nominee from the comfort of your phone.

How to Add/Change Nominee in IIPB Savings account Online?

To change the nominee name, you must have access to your India Post Payment Bank savings account through net banking and mobile banking. You can quickly update the nominee's name once you have the credentials.

Step 1: Log in to IIPB Account using MPIN

Step 2: Click on the 'Services' tab

Step 3: On the next page, click on the 'Update Nominee' option

Step 4: Enter the Nominee Details like Name and DOB

Step 5: Select the Relationship from the drop-down menu

Step 6 Click on the address

Step 7: Click on the 'Update' option

Step 8: Enter the OTP to confirm

You will receive the message that your nominee has been added to your account. It may take 24 hours to update the same in the account.

If you want to check the balance call the below numbers:

Balance inquiry

Missed call to 8424046556

Mini statement

Missed call to 8424026886