This is to inform all the concerned that charges on Cash Deposit & Cash Withdrawal transactions as mentioned below will be effective from 01st January 2022. IPPB Circular Dated 30.11.2021.
When will be Charges on Cash Deposit and Cash Withdrawal in IPPB Starts?
Charges on Cash Deposit & Cash Withdrawal transactions as mentioned below will be effective from 01st January 2022
What are the Charges for Cash Deposit & Cash Withdrawal transactions in IPPB?
Cash Withdrawal and Cash Deposit Charges for IPPB Customers is mentioned below:
Cash Transaction Charges |
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Account Type |
Transaction Type |
Free Limit |
Charges |
Basic Savings Account |
Cash Withdrawal |
Free, up to 4 transactions per month. |
Post free limit, 0.50% of the value subject to minimum Rs. 25 per transaction. |
Basic Savings Account |
Cash Deposits |
Free |
NA |
Savings (other than Basic SA) & Current Accounts |
Cash Withdrawal |
Free, up to Rs. 25,000 per month. |
Post free limit, 0.50% of the value subject to minimum Rs. 25 per transaction |
Savings (other than Basic SA) & Current Accounts |
Cash Deposits |
Free, up to Rs. 10,000 per month. |
Post free limit, 0.50% of the value subject to minimum Rs. 25 per transaction |
Above Prices are exclusive of GST/CESS which will be levied at the applicable rates.