Ippb charges issue

[Wealth is my birth right!]

Being a govt of India organization the digital accounts of India Posts Payments Bank already charging yearly for the virtual only classic rupay card and top of that the below also noticed.
Any solution to stop charges?

 

[Wealth is my birth right!]

I think I had few thousands parked and surprised with good interest on it compared to other banks but yes no transaction done for 10 months. Hence no sms charges.

I have not taken any virtual card.
Edit: Just found I can check statement for 21-22 year. I actually had 1 transaction in dec21. So I got charged for that quarter.

Oh ok
So simple concept if we receive sms it’s charged in that quarter

 

[gauravraj]

Well but one thing I noticed ippb give more interest on whatever amount parked in the account compare to some other banks like SBI Or HDFC.

Nope,

for digital account (owned by me and @Wealth is my birth right! ) it's 2%

 

[gauravraj]

True. Last to last year I did not do any transaction and no sms charges but last FY did some unnecessary transfer to have some activeness for the account and got charges sms charges every quarter.

Don't park funds there even a single rupee.

 

[gauravraj]

I think I had few thousands parked and surprised with good interest on it compared to other banks but yes no transaction done for 10 months. Hence no sms charges.

I have not taken any virtual card.
Edit: Just found I can check statement for 21-22 year. I actually had 1 transaction in dec21. So I got charged for that quarter.

Will try this concept.