Bank Notices

S.No Notice Date Of Update Version Size
1 Change in interest rate on all variants of Savings accounts Jul 18, 2018 327 kb
2 Shri T.Q. Mohammad has resigned from the Board of Directors of the Company and Smt. Manisha Sinha, DDG- PBI has been appointed as Nominee Director of IPPB w.e.f 6th August, 2019 Sep 18, 2019 - -
3 Shri P. K. Bisoi has been appointed as the New Director and Chairman of IPPB in place of Shri. A.N. Nanda w.e.f 03rd January, 2020. Jan 28, 2020 - -
4 Revision of interest rate on savings bank deposits from 4% p.a offered presently to 3.5% p.a payable quarterly w.e.f 1st Feb’2020 Jan 29, 2020 35 kb
5 Revision of interest rate on savings bank deposits from 3.5% p.a offered presently to 3.0% p.a payable quarterly w.e.f 1st April’2020 Mar 31, 2020 419 kb
6 Revision of interest rate on savings bank deposits from 3.0% p.a offered presently to 2.75% p.a payable quarterly w.e.f 1st May’2020 Apr 30, 2020 82 kb
7 The Bank has decided to levy SMS charges of INR 5 + GST per quarter to all customers effective from quarter ending June 2020. May 31, 2020 - -
8 Both inward & outward Cheque services will be discontinued, w.e.f. 8th July 2020. Jun 18, 2020 - -
9 Shri Suresh Sethi- MD & CEO has resigned from IPPB w.e.f 31st March, 2020 Jul 23, 2020 - -
10 As per the OM dated 8th June, 2020 by Ministry of Finance, Ms. Anindita Sinharay will be joining as the Department’s representative as a Nominee Director on the Board of India Post Payments Bank Ltd in place of Mr. Anshuman Sharma, Nominee Director- IPPB. Jul 24, 2020 - -
11 Bank will be introducing quarterly SMS Alert charges of Rs. 10 plus GST effective August 1, 2020 for all customers. Accounts of the customers will be debited for the charges at the end of every quarter from August 1, 2020. Jul 31, 2020 37 kb
12 Shri Easwaran Venkateswaran has been nominated as Interim MD & CEO of the Bank w.e.f 01st August, 2020 Aug 18, 2020 - -
13 As per the ACC letter dated 7th October, 2020 and as per the RBI approval dated 29th October, 2020, Shri J. Venkatramu has joined as the MD & CEO of IPPB with immediate effect. Oct 31, 2020 - -
14 Vide letter dated 21st January, 2021, Department of Posts has approved the name of Ms. Sandhya Rani (Member Banking) as Department representative and Nominee Director on the Board of the Company vice Smt. Manisha Sinha- DDG (PBI) Mar 1, 2021 - -
15 Smt. Sushama Nath who was appointed as an Independent Director for a term of three years has ceased to be an Independent Director of the Company with effect from the close of business hours of January 30, 2021 pursuant to the completion of her term of appointment. Mar 1, 2021 - -
16 Notice for Charges on AePS Cash deposit, Cash withdrawal and AePS Issuer transactions with effect from 1st April, 2021 Mar 2, 2021 95 kb
17 As per RBI Notification dated 08th April 2021, the limit of maximum end of day balance has been increased from Rs. 1 lakh to Rs. 2 lakh per individual customer. T&C Apply. Apr 13, 2021 316 kb
18 In view of the restrictions issued by local administrations in the current Covid-19 pandemic situation, our contact centres may be operating with reduced staffing. We will continue to take efforts to ensure uninterrupted services at all times. We apologise for any inconvenience caused due to any delays which you face in accessing our contact centre number 155299. Assuring you of our best services. Apr 13, 2021 - -
19 IBA advisory for customers on Covid-19 pandemic Apr 27, 2021 105 kb
20 Corrigendum Notice for Charges on AePS Cash deposit, Cash withdrawal and AePS Issuer transactions with effect from 1st April, 2021 Jun 15, 2021 147 kb
21 Savings account interest revision effective from 01-July-2021 Jun 29, 2021 563 kb
22 Revision of Doorstep Banking Charges Jul 2, 2021 495 kb
23 Pursuant to the approval of Appointment Committee of the Cabinet , Shri Vineet Pandey, Secretary (Posts) has been appointed as Non – Executive Chairman of IPPB Board with effect from 9th June, 2021. Jun 24, 2021 - -
24 Shri P.K. Bisoi who was appointed as Non – Executive Chairman of IPPB Board, ceased to be Chairman & Director of the Company with effect from the close of business hours of April 30, 2021 pursuant to his retirement. Jun 24, 2021 - -
25 Advertisement for Invitation of Applications from Individual Business Correspondents Oct 1, 2021 521 kb
26 Cash Withdrawal & Cash Deposit transactions will be applicable w.e.f 01-01-2022. Dec 1, 2021 570 kb
27 Shri. P. Satish and Shri. Vishnu Dusad who was appointed as an Independent Directors for a term of three years has ceased to be an Independent Director of the Company with effect from the close of business hours of September 29, 2021 pursuant to the completion of their term of appointment. Dec 3, 2021 - -
28 Vide letter dated 26th November, 2021, Department of Posts has approved the name Shri. Pawan Kumar Singh, DDG (FS & PBI) as Department representative and Nominee Director on the Board of the Company vice Ms. Sandhya K. Rani Dec 3, 2021 - -
29 Savings account interest revision effective from 01-Feb-2022 Jan 25, 2022 366 kb
30 Digital Savings Bank Account closure charges Feb 6, 2022 440 kb
31 EGM Notice Feb 14, 2022 760 kb
32 Notice regarding introduction of AePS issuer charges May 13, 2022 247 kb
33 Notice to public about sub membership arrangement with DoP for NEFT and RTGS transactions May 19, 2022 54 kb
34 Savings account interest revision effective from 01-June-2022 May 31, 2022 562 kb
35 Annual maintenance and re-issuance charges on virtual debit card (VDC) Jun 14, 2022 304 kb
36 Pursuant to the approval of Appointment Committee of the Cabinet, Dr. Jatin Kumar Mohanty, Shri. Kaliannan A., Shri. Navneet Kakkar, Shri Veenay Ganoo members have been appointed as Independent Director on the Board of the Company w.e.f. 11th September,2022. Oct 4, 2022 - -
37 Pursuant to the approval of Appointment Committee of the Cabinet, Km. Jayshree Vrajlal Doshi has been appointed as Independent Director on the Board of the Company w.e.f. 27th September, 2022. Oct 4, 2022 - -
38 Notice regarding charges on AePS issuing transactions effective from 1.12.2022 Nov 1, 2022 57 kb
39 Vide letter no. eF. No. 6/3/2012-BOI, Department of Financial Services has approved the name of Shri Shrikant Namdeo, Director, Department of Financial Services as Department representative and Nominee Director on the Board of the Company vice Smt. Ms. Anindita Sinharay w.e.f 18/01/2023. Jan 21, 2023 - -
40 Notice regarding temporary suspension of new Digital Savings Account opening May 19, 2023 42 kb
41 Vide RBI letter no. DoR.GoV.54273/08.77.001/2023-24, Shri Easwaran Venkateswaran is appointed as MD & CEO for an interim period w.e.f October 29, 2023 for a period of three months or till a new MD& CEO takes over, which ever is earlier. Nov 6, 2023 - -