Post office savings account : Step-by-step guide to activate internet banking, mobile banking

 Post office savings account : Step-by-step guide to activate internet banking, mobile banking

Post Office Internet Banking can assist users in transferring funds between their own-and third-Party Post Office Savings Account. Through mobile banking, users can place a new ATM card request, stop and revoke cheque among other things.

 

post office internet banking

New Delhi: With things getting digital, many users rely on mobile banking and internet banking for their transactions whether it is transferring money between accounts or shopping. Similarly, post office savings bank account holders can use these services provided by India Post.

Post Office Internet Banking can assist users in transferring funds between their own- and third-Party Post Office Savings Account. Here’s a look at the pre-requisites for availing India Post Internet Banking.

-Valid Active Single or Joint "B" Savings account standing at CBS Sub Post Office or Head Post Office.

-Accounts standing at Branch Post Office are not eligible to avail the Internet banking facility.

-Provide necessary KYC documents, if not already submitted

How to accumulate Rs 1 crore through investments in PPF

-Valid unique mobile number

-Email address

-PAN number

Steps to register and activate for India Post internet banking:

Step 1: Visit the nearest Post Office and fill out the form (You will receive an SMS alert to your registered mobile number within 48 hours).

Step 2: Once the SMS is received, go to the DOP Internet banking portal and click the "New User Activation" hyperlink on the home page.

Step 3: Enter Customer ID and Account ID (Customer ID is the CIF ID given on the first page of the savings account Passbook. Your savings account number is the Account ID).

Soon! You won't need debit card to withdraw money from any ATM; here's how

Step 4: Fill in the required information and set your Internet Banking login and transaction passwords.

Step 5: Login and set up your security questions and answers, and password.

For the online banking user ID to be activated successfully, these procedures need to be done.

Online transactions

Funds can be transferred from your POSB account to other POSB accounts belonging to you or a third party. The following transactions can be completed using internet banking:

PPF Deposit and PPF Withdrawal

RD deposit, Repayment of RD half withdrawal

SSA deposit

RD and TD account opening

RD and TD account closing or pre-closing

Stop payment of cheque can be registered

PPF withdrawal online

A beneficiary can be added

Steps to start mobile banking:

Fill out the mobile banking application and submit it.

After registering for DoP Mobile Banking, download the India Post mobile banking app from Google play store and use the option Activate mobile banking and follow the pre-defined steps after 24 hours of registration

The CIF ID is printed on the first page of your passbook the default username. You can change your channel login credentials of mobile banking in the Update channel login ID option under My Profile section in internet banking.

How to Apply & Get Aadhaar Smart Card; step by step process to raise request using mobile number

Step 1: Download the Mobile Banking Application from the Google Play store

Step 2: Click on 'Activate Mobile Banking' tab

Step 3: Enter the Security credentials and enter OTP

Step 4: After your activation has been authenticated, you will be prompted to input your four-digit MPIN

Step 5: Click on submit

Now you can login to DOP mobile banking app.

Users can avail of the following services using mobile banking:

Account Balance & Details – Saving, RD, LARD, TD, PPF, Loan Against PPF, NSC

Transaction History -- Saving, RD, TD, PPF, Loan Against PPF, NSC

Mini Statement – Saving, PPF Transactions

Fund transfer between Own Savings accounts and Other Users Savings Accounts within DOP

Fund transfer from Savings account to Own/Linked RD and Own/Linked LARD Accounts

Fund transfer from Savings account to Own/Linked PPF (Subscription and Loan on PPF) Accounts

Requests

Requesting for RD account open

Requesting for TD account open

New ATM Card Request

ATM PIN Request

Cheques

Stop cheque

Revoke cheque