How To Make Digital Payments For Post Office Savings Schemes?

The Department of Posts provides a variety of post office savings schemes geared toward the personal financial benefit of the general public as well as senior citizens. Post Office Savings Account (SB), 5-Year Post Office Recurring Deposit Account (RD), Post Office Time Deposit Account (TD), Post Office Monthly Income Scheme Account (MIS), Senior Citizen Savings Scheme (SCSS), 15-Year Public Provident Fund Account (PPF), Sukanya Samriddhi Accounts, National Savings Certificates (NSC), and Kisan Vikas Patra (KVP) are the nine post office savings schemes that are currently active. All of these schemes are the best in their respective categories and are hence safe.

The mentioned schemes can be opened physically at a post office by filling out an account opening application form or digitally using the India Post Payments Bank (IPPB) App. Yeah, you read it correctly: the IPPB now allows individuals to make digital payments to their post office recurring deposit, sukanya samriddhi yojana, and PPF account. Account-holders should be aware that in order to make digital payments to their post office savings schemes, they must first register an India Post Payments Bank Savings Bank (IPPB SB) Account. So, let's commence with the IPPB SB account opening method, and then in the same article, we'll go through how to make digital payments to small savings schemes.

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