Introduction of Charges on Cash and AePS transactions – IPPB’s Circular 15 dtd 02.03.2021

Introduction of Charges on Cash and AePS transactions – IPPB’s Circular -15 dtd 02.03.2021

As per the market practices and keeping in mind optimum pricing for the products and services offered by the bank, to the balance the objective of bank’s profitability while providing the best services to the customers without letting someone take undue advantage of NIL pricing and put strain on the bank’s operations, executive level Risk Management Committee (ELRMC) of the bank has approved introduction of Charges on following services in the quantam as mentioned in the table below.

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