Tuesday, September 04, 2018

India Post Payments Bank interest rates, facilities in 10 points


Beneficiaries display their digital QR code at the launch of India Post Payments Bank (IPPB), in Chennai on Saturday. Photo: PTI

The India Post Payments Bank (IPPB) will be like any other bank but its operations will be on a smaller scale without involving any credit risk.

A look at some of the facilities provided by the IPPB:

1. India Post Payments Bank accounts can be opened instantly through their respective mobile apps just by providing details like Aadhar number with KYC verification.

2. Doorstep banking service is one of the most distinct features of the IPPB, making it very accessible. The IPPB’s doorstep banking facility will offer the following services: account opening; cash deposits/withdrawals; money transfers; recharge and bill payments; third-party services like insurance, loans and investments; and other account-related services like updating PAN/nomination details, requesting account statement, and issuing standing instructions.

3. India Post Payments Bank doesn’t charge any fee for withdrawals made from its own ATM or any Punjab National Bank ATM.

4. India Post Payments Bank will offer 4 per cent interest rate in savings accounts.

5. India Post Payments Bank can offer forex services at charges lower than banks.

6. Most banks levy a charge in case one fails to hold a minimum balance in the account. In the case of the IPPB, there is no need to maintain a minimum quarterly average balance.

7. QR card is another service the IPPB is offering. With the help of a QR card, you can access your bank account and make transactions without having to remember the account number. All transactions will be authenticated via biometric verification.

8. India Post Payments Bank offers a free debit card with annual maintenance fee of Rs 100 from the second year.

9. India Post Payments Bank is expected to reach customers mainly through their mobile phones rather than traditional bank branches.

10. The IPPB has teamed up with financial services providers like PNB and Bajaj Allianz Life Insurance for third-party products like loans and insurance.

Prime Minister Narendra Modi on 1 September 2018 launched the payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and ‘Grameen Dak Sewaks’.

IPPB services are now available at 650 branches and 3,250 access points and will be quickly scaled to all 1.55 lakh post offices by December 2018.

Beti Bachao, Beti Padhao : Caring & Empowering the Girl Child

India Post Payments Bank to push financial inclusion, boost rural economy: Ravi Shankar Prasad

Union Minister Ravi Shankar Prasad has said the operations of the India Post Payments Bank (IPPB) will strengthen the financial inclusion programme in India
Union Minister Ravi Shankar Prasad

Union Minister Ravi Shankar Prasad on Saturday said the operations of the India Post Payments Bank (IPPB) will strengthen the financial inclusion programme in India and make country’s “village systems” stronger.

The Department of Posts is rolling out 650 branches and 3,250 access points of IPPB across India from Saturday and it aims to provide banking services to every citizen of India by leveraging the network of 1.55 lakh post offices of the department.

Of this, 27 branches and 135 access points were inaugurated in West Bengal circles comprising Sikkim, Andaman & Nicobar Islands and West Bengal.

“Remaining 8,942 post offices in the circle will function as access points gradually in a phased manner by end of December 2018,” a statement said.


“IPPB is a revolutionary step in the field of financial inclusion. When the IPPB starts operations, the villages will become good unit and the payments bank will become a strength to make village system stronger,” said the Union Minister of Law and Justice and Electronics and Information Technology.

The IPPB, which has been set up as a public sector bank with 100 per cent equity under the postal department, has a vast network of the India Post with a rural penetration of 1.3 lakh access points (post offices), nearly 2.5 times the number of bank branches in rural India.

“When the IPPB starts operation, the revenue, accountability and credibility of postal department will skyrocket,” he said at the inauguration of IPPB Kolkata branch here.

Elaborating on the digital profile of the country, Prasad said there are 120 crore mobile phones and 45 crore smart phones available in the country, while 122 crore people have Aadhaar card.

Explaining the growing transactions through digital mode, he said the transactions value through BHIM-UPI have gone up to Rs 45,845 crore as of July 2018 from Rs 5,325 crore in September 2017.

Adventure Sports Amongst Central Government Employees – DoPT

Adventure Sports amongst Central Government Employees – DoPT

Scheme of Promotion of Adventure Sports & Similar Activities amongst Central Government Employees

No.125/1/2015-16/CCSCSB
Government of India
Central Civil Services Cultural & Sports Board
Department of Personnel & Training

Dated 30th August, 2018

CIRCULAR

Sub: Scheme of Promotion of Adventure Sports & Similar Activities amongst Central Government Employees – Programmes to be organized by Youth Hostel Association of India.

Please refer to this Department’s Circular of even number dated 2.2.2018 on the above mentioned subject. According to recent judgement of Uttarkhand High Court, YHAI will not be able to organize National Himalayan Trekking & Training Programme, Roop Kund in Bugyal area of Uttarkhand during this year (Sr. No. 19 of the circular of even number dated 2.2.2018).

2. Accordingly YHAI is shifting all participants, who have enrolled for this programme to the following programmes, after their confirmation.

I. National Himalayan Trekking Expedition-2018, Valley of Flowers

II. National Himalayan Trekking Expedition-2018 Hampta Pass & Chandertal

3. This is for information of all concerned.

Yours faithfully,
sd/-
(kulbhushan Malhotra)
Secretary (CCSCSB)

Authority: https://dopt.gov.in

मध्य प्रदेश में SC/ST एक्ट के खिलाफ सवर्णों में आंदोलन तेज, आज ग्वालियर में सबसे बड़ी रैली


मोदी सरकार द्वारा दलितों की नाराजगी को दूर करने के लिए SC/ST एक्ट में संशोधन के बाद इसे पूरेे मूल रूप में बहाल करने का फैसला तूल पकड़ता जा रहा है. सवर्ण समाज में एससी/एसटी एक्ट में हुए संशोधन के खिलाफ काफी गुस्सा देखने को मिल रहा है. एससी/एसटी एक्ट के विरोध में आज ग्वालियर में बड़ी रैली निकाली जा रही है. वहीं रैली के दौरान हिंसा की आशंका होने के चलते मध्यप्रदेश के कई जिलों में धारा 144 लगा दी गई है. पहले शिवपुरी और अब भिंड में धारा 144 लागू की गई है. ग्वालियर में एक्ट में संशोधन कर इसे मूल रूप में बहाल करने के खिलाफ आज 'भारत बंद' का ऐलान किया गया है. एससी/एसटी एक्ट के खिलाफ सामान्य, पिछड़ा और अल्पसंख्यक वर्ग अधिकारी, कर्मचारी संस्था (सपाक्स) द्वारा यह आंदोलन पूरे राज्य में फैलता जा रहा है, जिससे भाजपा के साथ ही कांग्रेस की भी नींद उड़ी हुई है.

सवर्ण समाज का आंदोलन

बता दें SC/ST एक्ट पर 2 अप्रैल को आए सुप्रीम कोर्ट के फैसले के बाद दलित वर्ग ने इसका खासा विरोध किया था, जिसके चलते ग्वालियर, चंबल और शिवपुरी में काफी हिंसा फैली थी. ऐसे में SC/ST एक्ट में हुए संशोधन के बाद इसे मूल रूप से बहाल करने के फैसले पर सवर्ण समाज भी एकजुट होकर आंदोलन के लिए आगे बढ़ा है. एक्ट के विरोध में आज ग्वालियर के फूलबाग मैदान में स्वाभिमान सम्मेलन का भी आयोजन किया जाएगा. इस सम्मेलन में क्षत्रिय महासभा, गुर्जर महासभा और परशुराम सेना भाग लेंगी. साथ ही प्रवचनकार देवकीनंदन ठाकुर भी इस सम्मेलन में शिरकत करेंगे.

शिवपुरी में धारा 144 लागू 

अप्रैल में हुए आंदोलन के बाद फैली हिंसा को देखते हुए शिवपुरी में धारा 144 लागू कर दी गई है. ताकि किसी भी तरह की हिंसा से बचा जा सके. शिवपुरी जिले में आज से 7 सितंबर तक धारा 144 लागू रहेगी. बता दें सपाक्स ने 6 सितंबर को भारत बंद का आह्वान किया है. इस दौरान पूरे शहर में रैली, जुलूस, शोभायात्रा निकाली जाएगी. ऐसे में जुलूसों और रैलियों पर प्रतिबंध लगाने के लिए जिला कलेक्टर ने शहर में शांति बनाए रखने के लिए धारा 144 का फरमान जारी किया है.

पूरे शहर में रैली निकाली जाएगी

बता दें SC/ST एक्ट के विरोध में सवर्ण समाज आज ग्वालियर में वाहन रैली निकालेगा. यह वाहन रैली अचलेश्वर महादेव मंदिर से शुरू होकर मोतीमहल पहुंचेगी. जहां सवर्ण समाज संभाग आयुक्त को राष्ट्रपति के नाम ज्ञापन सौंपेगा. यह रैली आज सुबह 11 बजे से शुरू होगी. जिसके बाद रैली पूरे शहर में यह रैली निकाली जाएगी. बता दें इससे पहले ग्वालियर में सवर्ण समाज के लोगों ने केंद्रीय मंत्री नरेंद्र सिंह तोमर के घर का घेराव कर उनसे इस्तीफे की भी मांग की थी. वहीं कांग्रेस नेता ज्योतिरादित्य सिंधिया और केंद्रीय मंत्री थारवचंद गहलोत को भी सवर्णों के भारी विरोध का सामना करना पड़ा था.
Source - Zee News

Resolution - 15 : Regarding reorganization of Sub Divisions

No. CHQ/AIAIASP/CWC-Reso/15/2018 Dated 03.09.2018.
To,
The Secretary Posts,
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.

Subject : Regarding reorganization of Sub-Divisions.

Respected Sir,
The CWC meeting of ALL India Association of Inspectors and Assistant Superintendents Posts was held at Ranchi on 17th and 18th August 2018 and above subject was discussed in detail. After discussion, following resolution was passed unanimously by the house in the said CWC meeting.

“Central Working Committee at Ranchi unanimously resolved to request Secretary (P) to have a revised workload norms for Sub-Division establishment considering present workload scenario and to consider reorganization of Sub-Divisions”.

It is therefore requested to kindly consider the resolution in the interest of service to enhance the productivity and efficiency in quality of service.

We hope that an early action will be taken by the department.

Yours Sincerely

(Rajiv Kumar)
General Secretary

Circular of AIGDSU

AIGDSU CIRCULAR
Image result for AIGDSU
We have scored some brownie points in implementation of Kamalesh Chandra GDS Committee though not to our satisfaction. For this achievement we had to wage a relentless struggle. You will agree that struggles requires and resources and we managed the affairs with our reserve fund.

We are aware that the department has played tricks in manipulating and distorting the committee’s report to the detriment of the GDS employees. And we shall have to be ready for a given fight. We are on the course of another struggle. We have submitted our list of issues which require solution. The department has adopted such tactics which have deprived us of our legitimate amount of arrears as recommended by the Committee. The date of effect of the new pay matrix from 01/07/2018 has hit us hard by inflicting cumulative losses which are hard to repairs several recommendations have been arbitrarily slashed while several vital recommendations appear to have been thrown into cold storage.

Shall we tolerate such injustice hands down or fight it with all our force? Certainly we shall strike hard to achieve every single pie that due to us. And struggles require resources. You will agree that your CHQ had to wage relentless struggle and has been able achieve some success. But in such struggles we used all our resources and the position today stands is that the CHQ is running short of funds. We may be required to take recourse to legal fight in courts on several issues and all these require fund and money.

May your CHQ, therefore appeals to our Divisional and Branch Secretaries to rise to the occasion. We understand that the arrears have been paid by now. Our appeal is that the Divisional/Branch Secretaries should raise CHQ struggle fund at the rate of Ks 100 per member and send to the CHQ by crossed D.D. to the CHQ. We sincerely hope that our appeal will be honoured.

Dear Comrades, for some times, the CHQ is not receiving due quota from the Divisional/ Branch Unions which has aggravated the situation still more. We request our Divisional/Branch Secretaries to clear all arrears of quota and send the amount by crossed Bank draft.

We note with sorrow that the Contribution to our union journal “Rural Post Employees” has drastically came down, you may please note that you cannot get the information through what’s App or internet that our journal will provide.

We request that all Committee members of all Divisional/Branch Unions should necessarily contribute to the journal as regular members by remitting annual subscription of Rs 60/-,

Comrades, you are aware that Kerala has been reeling under severe floods which has created severe devastation. Humanity is trouble. The CHQ has donated an amount of Rs 10,000/-. We request our Circle/Divisional/Branch Secretaries to donate liberally to the CM/s disaster management fund.

Comrades, with your cooperation we assure you that we shall march forward to achieve newer results for our members.

With warm Greetings,

Yours fraternally,
S.S. Mahadevaiah, 
General Secretary

India Post Payments Bank replaces ATM/debit cards with QR cards and its features

The QR card you receive from India Post Payments Bank (IPPB) cannot be used in ATMs or as a debit card. However, you will still be able to withdraw cash as well as make transactions. Here’s how. 

New Delhi: India Post Payments Bank (IPPB), which was launched on Saturday by Prime Minister Narendra Modi, does away with ATM cards and debit cards for both cash and cashless transactions. Instead, IPPB will issue new QR (Quick-Response) cards which work on biometric authentication and not on passwords or PINs.

At present, IPPB offers 3 types of savings accounts—regular, digital and basic—besides a current account. Although each one of them has different features yet none offers an ATM or debit card.

IPPB has already launched its app, which can be used for mobile banking and even for opening an Aadhaar-based account without visiting a post office. However, the mobile app is expected to be fully functional in the next few days.





What is a QR card
A QR card contains a QR code or barcode that is used to identify account holders. No two QR codes are the same. The code can be deciphered to identify the IPPB account holder through a smartphone or micro-ATMs, a hand-held device which will be used by postmen soon.

How to withdraw money using a QR card
Once the customer identification is done using the QR code, the postman or banking correspondent will conduct another verification using biometric data. Upon completion of the two-step verification process, the customer is paid in cash which is carried by the postman. The doorstep banking service, which will be particularly handy for those in rural areas, comes at a cost of Rs 25 per cash transaction.
Besides this, you can also use the QR card for money transfer, bill payment and cashless shopping.

Where to use the QR card
QR card transactions can be done through postmen, post offices or Grameen Dak Sevaks (GDS). IPPB is also bringing unorganised retail, including small merchants and kirana stores, on board. Once the system is in place, you can pay even at small stores using your QR card.




What are the advantages of having a QR card
Anyone have a physical copy of your ATM card and PIN will be able to withdraw cash from any ATM. Not so with a QR card. It doesn’t work at ATMs at all and even at post offices or with postmen and Grameen Dak Sevaks (GDS) you need biometrics. Therefore, there is an added layer of security for the money kept in your bank account.

It also saves you from the hassles of remembering PINs.
You don’t even need to remember your IPPB account number to use this QR card.

Post office savings accounts vs India Post Payments Bank account

On Saturday, Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB). Aimed at bringing India's rural population into the country's formal financial system, IPPB will have 650 branches and 3250 Access Points across the nation.

All of India's 1.55 lakh post offices will be linked to the IPPB system by December 31, 2018, thereby enabling banking services in the remotest of areas.


But it is pertinent to note that post offices in India have already been offering savings account facilities. And, both a Post Office Savings Account (POSA) and an IPPB savings account offer 4 per cent interest on deposits, payable quarterly.

SO, HOW IS A SAVINGS ACCOUNT WITH A POST OFFICE DIFFERENT FROM OPENING A SAVINGS ACCOUNT WITH AN INDIA POST PAYMENTS BANK?

1
Zero balance savings accounts can be opened with IPPB. In case of Post Office Savings Account (POSA), a minimum deposit of Rs 20 is required to open an account. To open an account with cheque facility, Rs 500 is the minimum deposit required for a POSA.
2
Accounts holders do not need to maintain a minimum balance in savings accounts with IPPB. However, with POSA savings accounts, holders need to ensure minimum balance of Rs 50 per month (for accounts without cheque facility) and Rs 500 (for account with cheque facility).
3
There is no maximum balance limit with POSA saving accounts. However, under an IPPB basic savings, holders will not be able to keep more than Rs 1 lakh in their accounts. Any amount above that figure will be swept out into the linked POSA account.
4
IPPB comes with three types of savings account with different features: Regular, Digital and Basic.
5
POSA does not facilitate doorstep banking while this is the special feature with IPPB, although this comes with additional charges.

IPPB Mobile Banking - Mobile Application

Simplify your banking with India Post Payments Bank Mobile Banking App. Open a Digital Savings account, manage your accounts, transfer funds, pay utility bills – securely and easily. Our app is available in 12 languages of India along with English- Hindi, Bengali, Marathi, Telugu, Tamil, Urdu, Gujarati, Malayalam, Kannada, Oriya, Punjabi and Assamese.

Read more

Open a Digital Savings Account with IPPB App
Download IPPB Mobile banking and Install it
Provide your basic details and submit
Convert to Regular Savings Account within a year for additional benefits
Manage your Accounts
One stop interface to view your IPPB and Post Office Savings Account balances
Review your Transactions and Account Statements
Update your Nominee, Communication address
Transfer Funds
Between your own IPPB Accounts and Post Office Savings Accounts
To other IPPB accounts
To accounts with other banks
Instantly, easily and securely
Pay Bills with India Post APP
Pay your Mobile, Broadband, Water, Electricity, Gas, Insurance Premium bills and DTH recharges instantly
Stay Secure
Instant SMS alerts for your transactions
Change your mPIN regularly
Report any fraudulent incident/suspicion at your nearest IPPB branch
Contact India Post Payments Bank
Call: 155299 (Existing Ranchi & Raipur Customers)
1800-180-7980 (New Customers)
Email : contact@ippbonline.in
www.ippbonline.com

Our app brings banking at your fingertips.