Post office: now money can be deposited in RD account sitting at home, know the whole process

Post Office has launched a new facility for its customers. Now the customer rd Can deposit money online in the account. For which you have to download the Indian Post Payment Bank app. The customer can deposit RD installments online every month using the app. Let us say that RD is open in the post office for at least 5 years. Customers get 5.8 per cent interest in RD at the post office. Under this scheme, customers can deposit only Rs 100 per month. As well as receive interest on a quarterly basis and compound interest on the account at the end of three months. Anyone can open RD at the post office. Also, there is no way to open more than one account in this account. Two adults can also open a joint RD account together. Also, if someone has a wide account, it can also be converted into a joint. And if there is a fixed time limit, there is a penalty for not depositing money in the RD account. Failure to deposit 4 consecutive installments closes the account.

Let us know how to deposit money in RD

First of all you have to deposit money in IPPV account.

After that you have to go to DOP Products and select RD option.

Then you have to enter the RD account number and customer ID.

At the end the installment time and amount of RD has to be paid.