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India Post Payment Bank customers will have to pay more charges on virtual debit card – News

IPPB Debit Card Charges: There is big news for the customers of India Post Payments Bank (IPPB). Now customers will have to pay more charge on Virtual Debit Card. The post office has now decided to increase the annual maintenance and issue and charges on virtual debit cards. Now customers will have to pay Rs 25 more for this work. This increased fee of the post office has been implemented from 15 June 2022.

Along with the increasing digitization in the country, India Post Payments Bank has also started the facility of virtual debit card for its customers. For this, people will pay more and more digitally.

What is Digital Debit Card?
Nowadays many banks are launching their digital debit cards. In such a situation, people have started using the virtual debit card more due to the fear of misusing the physical debit card and losing it. Through this card, you can easily make purchases on the online portal. If you are an Indian Post Payment Bank customer, you can easily generate your Debit Card PIN through the Mobile Banking App.

How to generate PIN from Virtual Card-
To generate a PIN from a virtual card, you must first download the IPPB app. After this you have to select the Virtual Debit Card option. Next, Request Virtual Debit Card has to be selected. After this, after selecting all the further terms and conditions, press the Proceed button. After this an OTP will come on your Registered Mobile Number which you need to enter. After this the PIN of your digital debit card will be generated.

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