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Post Office Savings Account Holders can soon avail Digital Banking Services

Post Office Savings Account Holders can soon avail Digital Banking Services

Nearly 34 crore individuals who have savings accounts with the post offices will soon get to enjoy a variety of digital banking services by linking the same with the India Post Payments Bank (IPPB).
The finance ministry has given a nod for the linking the existing savings accounts with the IPPB accounts. This will allow the holders to transfer their funds and avail the new services, starting this May.