IPOS0000001 IFSC Code SWIFT Code

IPOS0000001 works under the Corporate Office branch of India Post Payments Bank. It is located in New Delhi. You can be reached at +911123362148 for any help or assistance.

IPOS0000001 Bank logo
DetailInformation
IFSC CodeIPOS0000001
BankIndia Post Payments Bank
Bank CodeIPPB
BranchCorporate Office
CityNew Delhi
StateDelhi
AddressPost Office, Speed Post Centre Building, Market Road, New Delhi, Central Delhi, Delhi 110001, India 1Branch Addresses pdf Website: IPPB

What is IPPB?

IPPB stands for India Post Payments Bank. It’s a bank launched by the Indian government in 2017 to make banking easier, especially for people in areas without many banks. IPPB offers digital banking services like opening accounts, saving accounts, transferring money, and paying bills.

Contacting IPPB Branch

  • Phone Number: +911123362148 (This number goes directly to the Corporate Office.)
  • Hours: Monday to Saturday (except every other Saturday), 10:00 AM to 4:00 PM.

Money Transfers with India Post Payments Bank

Domestic Transfers:

  • This information is for sending money specifically to IPPB’s Corporate Office in New Delhi.
  • IFSC Code: IPOS0000001
  • Important! Double-check if this is where you want to send your money. This code is different from the code you would use to send money to someone else’s bank account in India.

How to Transfer Money using the IPPB IFSC code (Only In india)

  1. Know Your Target: Before you start, get your recipient’s bank details: account number and bank name.
  2. Log In to IPPB: Access your IPPB account online.
  3. Find Money on the Move: Locate the section for transferring money. It might be called “money transfer” or something similar.
  4. Stay Domestic: Choose the option for “domestic transfer” since you’re sending money within India.
  5. Fill in the Blanks: Carefully enter your recipient’s bank account number and bank name.
  6. Use the Right Code: This is important! Enter the recipient’s bank’s IFSC code.
  7. Heads Up! Don’t use IPOS0000001 unless you’re sending money to IPPB’s main office in New Delhi.
  8. Enter Amount: Input the amount you want to send.
  9. Double-check: Review everything thoroughly – recipient details, amount, and the IFSC code – to avoid errors.
  10. Send It Off!: Once everything looks good, confirm the transfer to send the money.

International Transfers:

  • You’ll need the India Post Payments Bank SWIFT code: IDDIIND1
  • This code helps your money reach the right place internationally.
  • While the India Post SWIFT code works for international transfers,
  • money transfer providers often offer better rates and fees.
  • It’s a good idea to compare costs before sending money abroad.

How to Transfer Money using the IPPB SWIFT code

  1. Gather Details: Before you begin, get your recipient’s information: full name, bank account number, and bank name.
  2. Log In: Access your IPPB account online.
  3. Find Transfers: Locate the money transfer section.
  4. Go International: Look for the “international transfer” option.
  5. Fill in the Info: Carefully enter your recipient’s bank details: account number and bank name. You might also need their bank address.
  6. Use the SWIFT Code: Enter the IPPB SWIFT code: IDDIIND1.
  7. Enter Amount: Input the amount you want to send.
  8. Double-Check: Review everything thoroughly – recipient details, amount, and the SWIFT code – to avoid errors.
  9. Send It Off!: Once everything looks good, confirm the transfer to send the money.

Conclusion

IPPB offers convenient ways to transfer money both domestically and internationally. Remember to use the correct code depending on your transfer type. To find more IFSC and SWIFT code details, Use our branch name by the ifsc code tool to find them easily.

FAQs

  • Does IPPB have a SWIFT code?

    Yes, India Post Payments Bank (IPPB) can leverage the SWIFT code IDDIIND1 for international money transfers. Technically, the SWIFT code IDDIIND1 belongs to India Post, the parent organization. IPPB, being a separate entity, might not have its own unique code.

  • What is the difference between IPOS0000DOP and IPOS0000001?

    IPOS0000DOP and IPOS0000001 are both IFSC codes for India Post, but for different accounts:

    IPOS0000DOP: Used for regular Post Office Savings Account (POSA) accounts.
    IPOS0000001: Used for accounts with India Post Payments Bank (IPPB), accessible through their mobile app.

  • Is the SWIFT code and IFSC number the same?

    No, the SWIFT code and IFSC code are different. SWIFT code (IDDIIND1) is for international transfers with IPPB, while the IFSC code (varies) is for domestic transfers within India.

Article References

Pricemint
Logo