IPPB Faced Technical Snag On Opening Day

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Balurghat: The customers will not have to complete any form of transaction. This bank account does not have any passbook. Just like ATM cards, a Quick Response Card also available. The customer will have to give finger prints only to the post office payments bank.
In order to withdraw money in the bank, most of the people have to face problems. Many people are inexperienced in writing, again sometimes there may be problems due to lack of pen.

Prime Minister Narendra Modi will launch the much-anticipated India Post Payment Bank (IPPB) on Saturday, opening the doors for people in rural or remote areas to avail quick financial services at 1.55 lakh post offices scattered across the country.

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Indian Postal Department is going to enter the banking world on Saturday. IPPB will have 650 branches and 3,250 access points across the entire country initially, according to a government statement. Of these, five access points are going to start at the Patiram and Barahar area of South Dinajpur. And one Payments Bank will open in Balurghat. But people faced link problem on the opening day.

The Superintendent of Balurghat division, Dileshwar Hemram, said that people can keep up to one lakh per account. If anyone has a previous Savings account in the post office, then you can link it with this account.

Here customers will be given a Quick Response Card instead of pass book. In order to get access to the banking world, the target was to open one thousand accounts on Friday. But due to the server problem, there was some difficulty till noon.

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