India Post Savings Account

[supperman]

Can someone confirm can we use net banking and mobile banking with Post Bank account? (Not IPPB).

Yes, you do get net banking and mobile baking with India Post SB. They're not swanky, but they get the job done for basic things.

 

[ashwinkashwink is verified member.]

Yes, you do get net banking and mobile baking with India Post SB. They're not swanky, but they get the job done for basic things.

What was the process?

 

[ontherocks]

Is passbook a very vital object in Post Office world? I came to know that for everything you need the original passbook.

 

[Pikachu.]

What was the process?

You have to fill a physical form that's available on their website and submit it.
You'll receive the following sms on your registered number after successful activation.
"Your India Post Internet/Mobile Banking UserID is ready for activation. Please activate using 'New User Activation' link in https://ebanking.indiapost.gov.in".

 

[Anindya98]

Is passbook a very vital object in Post Office world? I came to know that for everything you need the original passbook.

Yes, the heart of your account. Without it, you can't do anything.

 

[supperman]

Is passbook a very vital object in Post Office world? I came to know that for everything you need the original passbook.

It's not quite so vital these days. They have the necessary information on their systems.
I have not needed my passbook for any specific transaction.

That being said, it's never a good idea to lose it. Post Office instructions and processes widely differ in practice, depending on where the PO is located. Perhaps in a rural area, or even the suburbs of a city or township, they may absolutely need the passbook.

For transactions, you can use the debit card, or MB/NB, or a chequebook. If you wish to withdraw cash at the Post Office without any of these instruments, or even with a self cheque, they may ask for a passbook, as they would in several others. Similarly for FD, RD, insurance etc.