Quick Answer: Which Banks Can You Pay Into At The Post Office?

Can you pay money into ATM?

It is possible to deposit cash or checks in your bank account using a deposit-enabled ATM.

Not all ATMs accept deposits, and not all deposit-enabled ATMs will work with your account..

Which is better Bank FD or Post Office FD?

Senior citizens should remember that banks offer 0.50 per cent higher interest rates for them as compared to the general fixed deposit interest rates. … Here also, the five-year post office time deposit is offering higher interest rate than a bank FD: Post office time deposit: 6.7 per cent.

What is the interest of 1 lakh in post office?

India Post Office Fixed Deposit Calculator 2020TenureRatesMaturity Amount for ₹ 1 Lakh2 years 1 day to 3 years5.50% to 5.50%₹ 1,11,561 – ₹ 1,17,8073 years 1 day to 5 years6.70% to 6.70%₹ 1,22,081 – ₹ 1,39,4077 days to 1 year5.50% to 5.50%₹ 1,00,105 – ₹ 1,05,6141 more row•Nov 25, 2020

Does post office have PayPoint?

You can pay your rent at any Post Office or PayPoint outlet. Find your nearest PayPoint outlet.

Which post office scheme is best?

3. Comparison of the various Post office savings schemesSchemeInterest RatePost Office Monthly Income Scheme Account (MIS)7.6% per annum payable monthlySenior Citizen Savings Scheme (SCSS)8.6% p.a. (Compounded annually)15-year Public Provident Fund Account (PPF)7.9% p.a. (Compounded annually)5 more rows•Nov 4, 2020

Can I pay money into my bank account via the post office?

If you can get to a post office, you can just pop in and: Withdraw cash from your usual bank account using your card. Pay cash into your usual bank account using a card or paying-in slip. … Deposit a cheque using a paying-in slip (though Nationwide customers can’t do this)

How do I deposit money into post office?

Here is a step-by-step guide for transferring money in your post office RD account through IPPB: Add money from your bank account to IPPB account. Go to DOP Products, From there choose Recurring Deposit. Write your RD account number and then DOP customer ID. Choose the installment duration and amount.More items…•

How do you put money into your bank account?

Generally, you’ll use your debit card and PIN to access your account, then select which account to deposit to. Some ATMs read and count the bills as you insert them, while others require you to enclose cash in an envelope (a bank employee will count the amount later). The ATM should indicate which method you’ll use.

Can I deposit Cheque at post office?

You can pay in cash and cheques at any branch of the Post Office. Just take your card and the money you’re paying in to your nearest Post Office branch.

Which is better MIS or FD?

MIS is best suited for conservative investors, say experts. While fixed deposit has always been the preferred choice for many investors, MIS at this point is offering higher interest rate than most bank fixed deposits FDs. Lately, several banks have reduced their FD rates in tandem with RBI’s repo rate cut.

Can you pay your Sky bill at the post office?

If you currently pay your Sky bill at the Post Office or Bank, you can continue to do so, but we do not accept cheques or postal orders made out to Sky that are sent directly to us. … You can pay your Sky bill in various ways, but we recommend setting up a regular Direct Debit payment.

What is Monthly Income Scheme in Post Office?

Post Office Monthly Income Scheme Vs other saving schemesSavings SchemeRate of InterestTDSPost Office Monthly Income Scheme7.6%No TDS is deductedPost Office Recurring Deposit7.2%No TDS is deductedPost Office Time Deposit (1,2,3 years)6.9%No TDS is deductedPost Office Time Deposit (5 years)7.7%TDS is deducted3 more rows

What can you pay in at the post office?

You can pay with cash or debit card at the Post Office and we don’t charge for electronic payments (though some banks may charge – check with your bank if you’re not sure).

Can I pay money in at the post office for Halifax?

Pay in cash and cheques You are able to pay cash and cheques into your account over Post Office® counters.

How much money can be deposit in post office?

Single account holders can deposit a maximum of Rs one lakh while joint account holders can deposit a maximum of Rs two lakhs. One of the main features of a Post Office savings account is that there is no lock-in or maturity period.

How do I put money in my bank through ATM?

Insert your debit or ATM card into the card reader and enter your PIN. This security step acts like a password for accessing your funds. Tell the ATM which account you want to deposit into. If you have multiple checking and/or savings accounts, the ATM will ask where you would like your cash to go.

Can I pay my credit card with cash at the post office?

You can pay your bill by cash, cheque or EFTPOS. … If you want to pay by credit card, you can do this online through our secure portal or give us a call to process a payment.