Post Office Savings Account Holders: Get Ready To Pay Charges For Deposits & Withdrawals

If you are a holder of a post office savings account, be prepared to pay for withdrawals and deposits. The major reform will take place on April 1st. Customers with accounts with India Post Payments Bank (IPPB) will be charged additional fees for withdrawals and deposits. Customers must now also pay an additional fee for the Aadhaar Enabled Payment System (AEPS).
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