The IPPB QR Card is India Post Payments Bank’s innovative payment solution that simplifies transactions for account holders. Instead of a traditional debit or ATM card, the India Post Payments Bank card uses a QR code to enable secure cashless services.
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under
10(10D))
The IPPB QR Card is a physical card linked to your Post Office savings account. It carries a unique QR code that securely identifies your account, allowing you to withdraw or deposit cash, transfer money, pay bills, and shop without remembering a PIN. The QR Card cannot be used at ATMs.
India Post authenticates transactions using an OTP sent to the registered mobile along with OVD validation for QR-based transactions at counters, doorstep banking, or onboarded merchants. Biometrics are applied only to the Aadhaar-enabled payment system (AePS) and micro-ATM transactions, not QR scans. Even if someone scans or saves your QR code, the payment will not go through without the OTP and OVD, significantly reducing the risk of unauthorised use.
Key Features of the IPPB QR Card
Here are the standout benefits of the IPPB QR Card, highlighting why it’s a smart, secure, and convenient banking option:
Fraud Protection: The QR code represents your IPPB account, providing a unique identifier for each transaction.
Convenience in Your Pocket: No need to remember your account number; the QR card is issued with your account, and the first card is free. QR cards can be used at IPPB counters and IPPB-onboarded merchants, but not ATMs.
Simple & Affordable: Works seamlessly with IPPB mobile apps and counters, removing the need for expensive PoS terminals or complex equipment.
Manage Your QR Card via App: Monitor your account and transactions in the IPPB Mobile Banking app; for QR card replacement, use a branch visit or call 155299.
How Does the IPPB QR Card Work?
Here’s a quick step-by-step guide to using your IPPB QR Card for any transaction:
Scan the QR Code: Use your smartphone or the IPPB agent’s device to scan the unique code on your card.
Authenticate: You’ll receive an OTP and show an OVD for QR-based payments. For AePS/micro-ATM cash services, authentication is via Aadhaar biometrics.
Enter Transaction Details: Specify the amount and confirm; the payment or transfer is processed instantly without needing a PIN.
How to Get the IPPB QR Card?
Here’s how you can easily get your IPPB QR Card and start using it for secure, convenient transactions:
Maintain an Active Account: Keep your IPPB savings account active and ensure it is fully KYC-compliant before applying.
Visit the Nearest Post Office: Go to any nearby IPPB branch or Post Office to request your QR Card.
Fill the Application Form: Complete the required QR Card application form provided at the branch.
Submit Valid Documents: Provide officially valid documents (OVDs) such as Aadhaar, Passport, Voter ID, or PAN for verification.
Card Issuance: The first QR Card is usually issued free of charge after verification.
Start Using the Card: Once issued, you can use the QR Card immediately for secure and convenient IPPB transactions.
What to Do if the QR Card is Lost?
If your IPPB QR Card is lost or misplaced, follow these steps to secure your account and get a replacement quickly:
Report and Replace Your QR Card: If your QR Card is lost, you can request a new one by visiting the nearest IPPB branch or calling the toll-free number 155299.
Reissuance Fee: contact 155299 or visit a branch to reapply. Fees apply as per IPPB’s current Schedule of Charges. However, the first QR Card is provided free of cost when opening the account.
Monitor Your Account: Monitor account activity through the IPPB app or SMS alerts until the replacement card arrives. Since every transaction requires OTP and ID verification, your funds remain secure even if the card is misplaced.
Key Takeaways
The IPPB QR Card is a simple and secure payment option, especially useful in areas with limited digital facilities. The card is easy to obtain for KYC-compliant account holders, with the first card issued free of charge. It is linked to your IPPB savings account through a unique QR code and allows cash deposits, withdrawals, bill payments, and shopping transactions. The transactions are verified with an OTP and a valid ID, so no PIN is needed, and the card cannot be misused if lost. For AePS or micro-ATM services, cash transactions are protected with Aadhaar biometric authentication.
FAQs
What is the use of an IPPB QR Card?
The IPPB QR Card enables secure deposits, withdrawals, transfers, and payments at IPPB counters or onboarded merchants using QR code with OTP and OVD verification.
How to get the customer ID in an IPPB QR Card?
You can view your IPPB customer ID in the IPPB Mobile Banking app and your account statements or passbook. This ID helps identify your account for transactions and customer support. Always keep it confidential to prevent unauthorised access to your account.
Can I use an IPPB account with Google Pay?
Yes, IPPB accounts can be linked to UPI-enabled apps (including Google Pay), supporting BHIM UPI, enabling digital money transfers using your registered mobile number.
Is IPPB safe?
Yes, IPPB is secure. QR Card transactions are protected through OTP and OVD verification. In contrast, AePS/micro-ATM transactions use Aadhaar biometric authentication, helping keep account holders’ funds safe even if the card is lost.
Can we use the IPPB card in an ATM?
No, the IPPB QR Card cannot be used at ATMs. It is intended for QR-based transactions at IPPB counters, merchants, or through doorstep banking services.
˜Top plans are based on annualized premium, for bookings made through https://www.policybazaar.com in FY 25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
Past 10 Years' annualised returns as on 01-10-2025
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).
Generate wealth Earn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D))
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