Have Post Office savings account? You will get full digital banking service soon
"The finance ministry has approved linking of savings bank accounts at post offices with IPPB accounts. This will enable post office account holders to transfer money from their account to any bank accounts...," an official source told PTI. The 34 crore savings accounts comprise 17 crore post office savings bank accounts and rest are those subscribed monthly income scheme, recurring deposits etc
India Post has has started core banking service but it offers money transfer service within post office savings bank (POSB) accounts. Image source: PTI